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UPDATE: Leaked Shell E-mail Shows 62 Senior Executive Appointments

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Monday June 22nd, 2009 / 17h48

(Adds detail, background.)

LONDON -(Dow Jones)- An internal e-mail from Royal Dutch Shell PLC (RDSB.LN) leaked to a blog critical of the company has revealed the appointments of 62 senior executives to new roles within the restructured company.

The e-mail dated June 16, sent by incoming Chief Executive Peter Voser, was published Saturday on the blog royaldutchshellplc.com. A Shell spokesman said the company does not comment on purported leaks.

Effective July 1, Ceri Powell, former Executive Vice President, or EVP, for Strategy becomes EVP for Exploration for the company’s international operations, the e-mail said. Dave Lawrence, former EVP for global exploration moves to head up exploration in the new Shell Americas division.

Ian Craig, the former head of the Sakhalin-2 liquefied natural gas project in Russia becomes EVP for Sub-Saharan Africa and will oversee the company’s troubled Nigerian operations, the e-mail said. Former Africa chief, Ann Pickard, becomes EVP Australia.
Charles Watson, former EVP of Shell Energy Europe, will head the company’s Russian and Caspian upstream operations.

All the above executives will report to the global head of Exploration and Production, Malcolm Brinded.

Shell’s downsized Alternative Energy division, which will eschew new investments in wind and solar in favor of second generation biofuels, falls under the remit of EVP for Strategy and Portfolio Mark Gainsborough, the e-mail said.

Voser, who will take up the position of chief executive on July 1, is implementing a major restructuring to make the company faster moving and more efficient. The biggest change in the shakeup was the elimination of the Gas and Power division – operations were split between the new upstream and downstream divisions.

The former head of Gas and Power, Linda Cook, resigned from Shell shortly before the restructuring announcement.

Blog Web site: http://tinyurl.com/lsjxwm

-By James Herron, Dow Jones Newswires; +44 (0)20 7842 9317; [email protected]

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