Shell Appoints Downstream Director as CEO

Shell Appoints Downstream Director as CEO

Royal Dutch Shell reported Tuesday that it has found a new CEO to succeed Peter Voser, who announced his retirement in May. Ben van Beurden will become the next CEO when Voser leaves Shell next year. His appointment will begin Jan. 1, 2014.

Shell, which said in May it would look both internally and externally for candidates, in the end opted to appoint someone from within the company. Van Beurden, a Dutch national, joined Shell in 1983 and since January 2013 he has been Downstream Director. He has held a number of technical and commercial roles in both the upstream and downstream parts of the business, including 10 years in the firm's liquefied natural gas business. He has worked for the company in the Netherlands, Africa, Malaysia, the U.S. and the UK.

“I am delighted to announce Ben van Beurden as the next CEO of Royal Dutch Shell,” Shell Chairman Jorma Ollila said in a company statement.

“Ben has deep knowledge of the industry and proven executive experience across a range of Shell businesses. Ben will continue to drive and further develop the strategic agenda that we have set out, to generate competitive returns for our shareholders.

“Van Beurden’s selection came after a comprehensive assessment and review of internal and external candidates led by the Board Nomination and Succession Committee.”

In May, Shell told Rigzone that the departure of Voser would not mean a change of strategy for the company and that Voser's surprise decision to leave the business had been a personal one.



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