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$7.6m golden goodbye for Shell Exec Linda Cook: No wonder she is smiling

Linda Cook: 29 years’ service with Shell. Photograph: Adrian Dennis/Rex Features

FINANCIAL NEWS

17 March 2010
Mark Cobley

Yesterday the Dutch shareholders’ group VEB, which represents small investors, blasted Royal Dutch Shell for paying out $13m to boost a departing director’s pension pot, coupled with a $7.6m “golden goodbye”.

Errol Keyner from VEB told the Guardian newspaper: “The people who came up with this must have been smoking something which is not allowed in law. It’s beyond belief.”

–write to [email protected]

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