Baker Hughes names new CFO

Ross, who will also hold a senior vice president title, will take over from Peter Ragauss on 22 October. Ragauss will continue on with the company until then.

Ross currently serves as executive vice president and chief financial officer of cosmetics outfit Avon Products.

“She is an accomplished executive with more than 22 years of outstanding global experience in finance. Her extensive record of accomplishments spans several industries and is a testament to her effective partnering with operational leaders in various geographies and business environments,” said Baker Hughes cheif executive Martin Craighead.