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Shell CEO Peter Voser €6.75 million salary plus €3.5 million bonus

I doubt that Mr. Voser will emulate Network Rail bosses in the face of a widespread public backlash against Fat Cat bonuses and waive his Fat Cat bonus, as they have, to improve safety? Fat chance.

By John Donovan

According to a report filed on Monday with the U.S. Securities & Exchange Commission, Peter Voser, the Swiss Chief Executive of Royal Dutch Shell Plc received €6.75 million in salary for 2011 plus a bonus of €3.5 million, a combined total of over €10 million.

Voser wants half of his bonus (€1.75 million) paid in shares. The full details of the bonuses at the top of Shell will not be known until publication of the annual report of the company.

Peter Voser was in 2010 the highest paid director of any Dutch listed company.

This is the gentleman who as part of his Vosification plan, asked hundreds of senior Shell managers to reapply for their own jobs.

I doubt that Mr. Voser will emulate Network Rail bosses in the face of a widespread public backlash against Fat Cat bonuses and waive his Fat Cat bonus, as they have, to improve safety? Fat chance.

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