Ben van Beurden to be next Chief Executive Officer of Royal Dutch Shell plc
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The Board of Royal Dutch Shell plc today announced
that Ben van Beurden will succeed Peter Voser as Chief Executive
Officer, effective 1 January 2014.
Peter Voser will leave Shell at the end of March 2014, marking the end of 29 years with the Company.
Van Beurden, 55, has been Downstream Director since January 2013.
“I
am delighted to announce Ben van Beurden as the next Chief Executive
Officer of Royal Dutch Shell,” said Chairman Jorma Ollila. “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,” Ollila added.
Van Beurden joined the Royal Dutch/Shell
Group of Companies in 1983 and has held a number of technical and
commercial roles in both the Upstream and Downstream businesses. He has
worked in The Netherlands, Africa, Malaysia, USA and, most recently, the
UK.
Van Beurden, a Dutch national, graduated with a Master’s
Degree in Chemical Engineering from Delft University of Technology, the
Netherlands. He is married and has four children.
Notes to editors
Ben
van Beurden joined Shell in 1983, after graduating with a Master’s
Degree in Chemical Engineering from Delft University of Technology, the
Netherlands.
Ben’s career in Shell spans both Upstream and
Downstream activities. He has held a number of operational and
commercial roles, including some 10 years in the LNG business, and a
variety of positions in Downstream.
In January 2005, Ben became
Vice President, Manufacturing Excellence, based in Houston, USA. In
this role he was responsible for standards in operational excellence and
high-performance initiatives in refining and chemicals manufacturing.
In December 2006, he was appointed Executive Vice President, Chemicals, based in London, UK.
During
his tenure in the role, Ben was appointed to the boards of a number of
leading industry associations including the International Council of
Chemicals Associations and the European Chemical Industry Council.
In
January 2013, Ben was appointed Downstream Director and a member of
Shell’s Executive Committee. He also has regional responsibility for
Europe and Turkey.
Ben is married to Stacey and has three daughters and a son. He enjoys reading, running and travelling with his family.
Enquiries
Shell Media Relations
International +44 207 934 5550
Americas +1 713 241 4544
Shell Investor Relations
International +31 70 377 4540
North America +1 713 241 1042
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Cautionary Note
The
companies in which Royal Dutch Shell plc directly and indirectly owns
investments are separate entities. In this announcement "Shell", "Shell
Group" and "Royal Dutch Shell" are sometimes used for convenience where
references are made to Royal Dutch Shell plc and its subsidiaries in
general. Likewise, the words "we", "us" and "our" are also used to refer
to subsidiaries in general or to those who work for them. These
expressions are also used where no useful purpose is served by
identifying the particular company or companies. "Subsidiaries", "Shell
subsidiaries" and "Shell companies" as used in this announcement refer
to companies in which Shell either directly or indirectly has control,
by having either a majority of the voting rights or the right to
exercise a controlling influence. The companies in which Shell has
significant influence but not control are referred to as "associated
companies" or "associates" and companies in which Shell has joint
control are referred to as "jointly controlled entities". In this
announcement, associates and jointly controlled entities are also
referred to as "equity-accounted investments". The term "Shell interest"
is used for convenience to indicate the direct and/or indirect (for
example, through our 23 per cent shareholding in Woodside Petroleum
Ltd.) ownership interest held by Shell in a venture, partnership or
company, after exclusion of all third-party interest.
This
announcement contains forward looking statements concerning the
financial condition, results of operations and businesses of Shell and
the Shell Group. All statements other than statements of historical fact
are, or may be deemed to be, forward-looking statements.
Forward-looking statements are statements of future expectations that
are based on management's current expectations and assumptions and
involve known and unknown risks and uncertainties that could cause
actual results, performance or events to differ materially from those
expressed or implied in these statements. Forward-looking statements
include, among other things, statements concerning the potential
exposure of Shell and the Shell Group to market risks and statements
expressing management’s expectations, beliefs, estimates, forecasts,
projections and assumptions. These forward looking statements are
identified by their use of terms and phrases such as "anticipate",
"believe", "could", "estimate", "expect", "goals", "intend", "may",
"objectives", "outlook", "plan", "probably", "project", "risks", "seek",
"should", "target", "will" and similar terms and phrases. There are a
number of factors that could affect the future operations of Shell and
the Shell Group and could cause those results to differ materially from
those expressed in the forward looking statements included in this
announcement, including (without limitation): (a) price fluctuations in
crude oil and natural gas; (b) changes in demand for Shell's products;
(c) currency fluctuations; (d) drilling and production results; (e)
reserves estimates; (f) loss of market share and industry competition;
(g) environmental and physical risks; (h) risks associated with the
identification of suitable potential acquisition properties and targets,
and successful negotiation and completion of such transactions; (i) the
risk of doing business in developing countries and countries subject to
international sanctions; (j) legislative, fiscal and regulatory
developments including regulatory measures addressing climate change;
(k) economic and financial market conditions in various countries and
regions; (l) political risks, including the risks of expropriation and
renegotiation of the terms of contracts with governmental entities,
delays or advancements in the approval of projects and delays in the
reimbursement for shared costs; and (m) changes in trading conditions.
All forward looking statements contained in this announcement are
expressly qualified in their entirety by the cautionary statements
contained or referred to in this section. Readers should not place undue
reliance on forward looking statements. Additional factors that may
affect future results are contained in Shell's 20-F for the year ended
31 December 2012 (available at www.shell.com/investor and www.sec.gov
). These factors also should be considered by the reader. Each forward
looking statement speaks only as of the date of this announcement, 9 July 2013.
Neither Shell nor any of its subsidiaries nor the Shell Group undertake
any obligation to publicly update or revise any forward looking
statement as a result of new information, future events or other
information. In light of these risks, results could differ materially
from those stated, implied or inferred from the forward looking
statements contained in this announcement. |
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