Shell Is Preparing To Replace Its CEO ...Middle East

Economy by : (OILPRICE) -
Chief executive Ben van Beurden is preparing to step down from Shell next year and the oil and gas supermajor has started a selection process for a successor, Reuters reported on Friday, quoting two sources at the company. Dutchman van Beurden, 64, became CEO at Shell in 2014, and has steered the supermajor through two major oil price routs and industry downturns, as well as the recent move of the company’s headquarters and tax residence from the Netherlands to the UK. In recent months, Shell has dropped ‘Royal Dutch’ from its…

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