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Considering that I work indirectly for the man until May 20th I won't opine.

May 17, 2001

To: All Baker Hughes Employees

From: Andy Szescila

Re: Personnel Announcement

I am pleased to announce the appointment of Wil Faubel as the new President of Centrilift. He is a mechanical engineering graduate of SMU in Dallas who has spent his 24 year career in various positions both in the domestic and international marketing regions for Hughes Christensen. He became VP of Marketing in 1994 and has since become a key contributor to both the Hughes Christensen success as well as providing direction for the overall marketing of the BHI enterprise.

Centrilift is an outstanding company which under the leadership of Joe Brady became the clear leader in the electrical submersible pump industry. Finding the next leader of such a successful company has been a task which we have taken very seriously, but I feel the selection of Wil Faubel is going to enable Centrilift to continue to grow both in terms of its competitive position but also in its relative importance to Baker Hughes.

Wil and his family will be relocating as quickly as the school year is concluded but he will be on the job beginning May 21st. I know that he will receive the full support of all the Centrilift employees to insure a smooth transition period. Success in this vibrant market comes to those companies that keep their focus on the customer, and this has always been a cultural strength within the Centrilift organization.
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