Chart Industries disclosed that President and CEO Jill Evanko will step down from her roles effective January 6 2026, and will serve as a senior advisor until the Baker Hughes acquisition closes.
The company is in the final stages of a $13.6 billion all‑cash deal with Baker Hughes, which shareholders approved earlier in the year. The transaction is expected to close in mid‑2026 and is projected to generate $325 million in cost synergies by the end of year three.
Evanko joined Chart in February 2017 as chief financial officer and became president and CEO in June 2018. Over her 7½‑year tenure as chief executive, she expanded the aftermarket business and drove diversification into LNG, hydrogen and data‑center markets, and oversaw the $4.4 billion acquisition of Howden in 2023.
The board will appoint an interim chief executive from within the organization to lead the company through the acquisition period. Evanko will transition to the role of chief executive at Duravant LLC on January 5 2026, a global automation solutions provider.
Chart’s strategic focus on high‑growth sectors has positioned it to capture demand in the $500 billion hydrogen and $250 billion LNG infrastructure markets. The company’s “Nexus of Clean” strategy aligns with ESG trends, and its data‑center solutions emphasize energy efficiency and reliability, positioning it as a preferred partner for large‑scale facilities.
Analysts have revised earnings expectations upward following the acquisition announcement, citing the strong strategic fit and projected synergies. The positive outlook for Baker Hughes reflects confidence in the combined entity’s ability to accelerate growth in clean‑energy infrastructure.
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