“The oil titan is set to encounter protests over a controversial £4.8m severance deal for its former gas and power chief Linda Cook, a leading institutional shareholder told the Mail.”
By Sam Fleming
Last updated at 11:24 PM on 13th April 2010
Royal Dutch Shell faces another turbulent annual general meeting next month after failing to assuage all of its investors’ concerns about director pay.
The oil titan is set to encounter protests over a controversial £4.8m severance deal for its former gas and power chief Linda Cook, a leading institutional shareholder told the Mail.
Discontent is also simmering after chief financial officer Simon Henry moved to a Dutch employment contract, which will ensure more generous rights. And a hearty compensation package handed to former chief executive Jeroen van der Veer remains a bone of contention.