Baker Hughes Incorporated - Chapman Legacy Society
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Gifts Established:

  • Baker Hughes Presidential Scholarship in Mechanical Engineering | Est. 2001
brick engraved with name Baker Hughes Incorporated

Baker Hughes Incorporated

As the recipient of the Atlantic Richfield (ARCO) scholarship, Michael E. “Mike” Wiley (BS ’72, Petroleum Engineering) experienced first-hand the benefits of a collaborative vision between academia and industry. From his college days as an ARCO Scholar and summer intern, Mike’s relationship with the company grew during the next 20 years until he became vice president in 1991.

In 1993, Mike was tapped to become the first president of Vastar Resources, a domestic exploration and production company created by ARCO. The following year, he became Vastar’s chairman and CEO as well, and served in that capacity until ARCO was acquired by BP Amoco in 2000. That same year, industry analysts applauded when Wiley took the helm of Baker Hughes, which, at that time, was the world’s third largest oil service company based on market capitalization. Baker Hughes has been a technology leader in providing products and services for the oil and natural gas industry for nearly 100 years. Operating in 90 countries, and serving national and international oil companies, Baker Hughes’ global operations are backed by seven product line groups, which develop, manufacture, and support their industry-leading technologies.

The Baker Hughes partnership with TU was strengthened during Mike Wiley’s term as chairman, CEO, and President of Baker Hughes (2000 to 2005). Mike remained committed to fortifying the partnership between academia and industry, serving on TU’s Petroleum Engineering Advisory Board for 10 years and as a member of the TU Board of Trustees from 1999-2010. He was inducted into the College of Engineering and Computer Science Hall of Fame in 1998 and the Collins College of Business Hall of Fame in 2012. In 2006, Mike was named a TU Distinguished Alumnus, one of the university’s highest honors for its alumni.

In recognition of the benefits of its collaboration with the university, Baker Hughes established the Baker Hughes Presidential Scholarship in Mechanical Engineering in 2001.