By John Donovan
On Tuesday we published the article below. It was subsequently used as the source of multiple news reports around the world, including the lead front page article of the Financial Times newspaper published the following morning, Wednesday 27 May.
Later that same day, an article published by ROMANDIE NEWS quoted a Shell spokesman as denigrating the veracity of the information in our article, describing it as “pure speculation.”
Shell then rushed forward the release of incoming CEO Peter Voser’s reorganisation plans which confirmed our information was in fact accurate. We published a leaked email from Voser hours after he sent it to Shell employees announcing his plans. Fortunately, a number of news organisations had already published because they had confidence based on past performance, that our Shell insider sources are reliable.
The Times apparently liked our line “Funeral in Berlin”
We now have a precise figure for members of Shell’s senior executive group who are being shunted out in the mass culling. In the context of the overall number of SEG members, the figure has been described by one insider source as “HUGE”. We have other related information. Members of the news media seeking details can contact me via [email protected]
The following information has been assembled from multiple Shell insider sources.
Funeral in Berlin: Tomorrow a two day meeting commences in Berlin involving the Shell top 100.
A formal farewell to the departing Chief Executive Jeroen van der Veer will take place during the first day of the meeting.
The second day has been set aside for his replacement, Peter Voser, to announce his plans said to include:
1. A major cull of senior managers/executives. More than 30% will go, rewarded with golden handshakes.
2. A merger of Shell EP and Shell Gas & Power, hence the sudden departure of Linda Cook (who according to insider sources was ruthlessly pushed into leaving). The merged business will be run on a centrally organised basis. Regional offices will be closed.