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The Latest Breaking News from van Beurden

Shell’s former chief fuels fears it could quit London for New York

Ben van Beurden says company is undervalued in UK and US investors are ‘more positive’ about fossil fuels

The Guardian - UK

Wells Fargo executive Mary Mack, lauded for actions during massive scandal, is retiring

CHARLOTTE, N.C. — Wells Fargo’s Mary Mack, a top executive in Charlotte, will retire this summer after nearly 40 years in the banking industry and navigating a massive scandal at the bank.

Tribune News Service

Huge £10m pay packet for ex-Shell boss while Brits struggle with astronomical energy bills

Some people have accused energy suppliers of profiteering off the war in Ukraine as the supply is causing prices to rise

Wales Online

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Shell’s van Beurden gets lucky. Harbour Energy doesn’t

Former CEO did handsomely on the back of high oil and gas prices while the windfall levy hits the small players harder

The Guardian - UK

‘Outrageous’ Shell bonus triggers call for higher windfall tax – but UK firms take hit from levy

‘The money being made out of Putin’s war should be helping struggling families’

The Independent UK

Fatcat ex-Shell boss handed huge £10m pay packet - as Brits struggle to pay energy bills

Last month, Shell reported record profits of £32.2billion for 2022 which was double the previous year's total

Daily Mirror

Shell chief’s pay package rose by more than 50% to nearly £10m in 2022

Campaigners and politicians criticise bonus for Ben van Beurden, who has since stood down

The Guardian - UK

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Shell’s Grand Plan to Fight Climate Change (and Continue to Cause It)

The company is investing billions of dollars in zero- and low-carbon energy solutions, but selling oil and gas at record profits is a hard habit to break.

Businessweek

Shell’s CEO calls for business tax to help poorest consumers meet energy costs

Ben van Beurden said he wanted to see protection rather than intervention

Evening Standard

Shell chief: governments may need to tax energy firms to help the poor

Ben van Beurden also warns against EU moves to cap price of gas and electricity to protect consumers

The Guardian - UK

Could Wael Sawan usher in a renewable revolution at Shell?

Campaigners hope to see a radical shift under the former renewables boss but it is likely to be more continuation than revolution

The Guardian - UK

Ben van Beurden’s resignation at Shell takes 2022 tally of FTSE 100 CEO departures to 18

The top job at the UK’s most valuable company is changing hands at the end of the year

Evening Standard

Shell CEO to step down as oil giant looks to climate goals

Shell CEO Ben van Beurden is stepping down at the end of 2022 after nine years in charge as oil and natural gas companies are under pressure to shift away from fossil fuels

The Independent UK

Shell chief executive Ben van Beurden to step down

The change at the top of the UK’s most valuable company is the 18th FTSE 100 CEO resignation announced in 2022

Evening Standard

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Insider UK

Shell CEO to step down at end of year, as replacement is revealed

Current incumbent will remain as a board advisor until next June

The Guardian - UK

Kwasi Kwarteng to lift cap on banker bonuses; John Lewis slumps to £99m loss –as it happened

Chancellor reportedly plans to lift the EU-imposed banker bonus cap as part of post-Brexit reforms; John Lewis says ‘uniquely uncertain’ outlook puts staff bonuses at risk

The Guardian - UK

Shell appoints Wael Sawan to replace outgoing chief Ben van Beurden

Energy firm’s head of integrated gas and renewables division will take overall control from 1 January

The Guardian - UK

Shell boss Ben van Beurden prepares to stand down, reports say

Energy firm shortlists four internal candidates to take over as chief executive in 2023

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Wales Online

Shell boss warns of possible energy rationing to cope with global crisis

Ben van Beurden said they were facing a "really tough winter in Europe"

The Guardian - UK

Europe could face energy rationing as ‘really tough winter’ looms, Shell boss warns

Ben van Beurden says Ukraine war fallout means big rise in bills and possible need to ration supplies

The Guardian - UK

Shell boss faces investor rebellion over £13.5m pay package

Pirc urges shareholders at AGM to vote against Ben van Beurden’s ‘excessive’ pay

Daily Mirror

Shell boss earns £6.3m in a year as households and motorists face cost of living crisis

Ben van Beurden saw his pay and perks leap by £1.1million in 2021, the industry giant’s annual report published today revealed. The windfall included a bumper £4.5million worth of bonuses

Evening Standard

Shell to shut Russian petrol stations and stop buying Urals oil

CEO Ben van Beurden said Shell’s decision to buy Russian oil ‘was not the right one and we are sorry’

The Independent UK

Shell ‘sorry’ for buying Russian oil last week

Boss Ben van Beurden said it was wrong to buy the shipment of crude oil.

Daily Mirror

Shell boss faces fury amid calls for windfall tax as cost of living soars

Shell boss Ben van Beurden, who has earned £70million in seven years as its CEO, promised shareholders a bumper dividend, insisting it was 'appropriate'. The company announced profits of £14billion

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