The court will fine Shell 100,000 pesos (US$28,000) for each day it falls behind in the clean-up operation, the paper reported. Protests about the biggest fresh water oil spill in history By John Donovan Printed below is a news report about the largest ever oil spill in fresh water. Shell was responsible for the spill, [...]
Posts under ‘Fat Cat Pay’
Shell executives paid no bonuses in 2003
Jeroen van der Veer told staff in Houston, Texas, this week that he would not tolerate “bullying” within the company, and admitted that its dealings with business partners had often been “arrogant”. FROM OUR ARCHIVES… Financial Times: Shell executives paid no bonuses in 2003 By Adrian Michaels Published: May 28 2004 Royal Dutch/Shell, the embattled [...]
Shell seeks to draw a line after fourth cut in reserves
FROM OUR ARCHIVES… Shell seeks to draw a line after fourth cut in reserves By Michael Harrison, Business Editor 25 May 2004 Royal Dutch-Shell, the crisis-torn oil giant, yesterday cut its proven reserves for the fourth time this year but then sought to reassure the City that it had drawn a line at last under [...]
Shareholders shake Shell with pay vote
23 May 2012 Shell became the latest company to receive a bloody nose yesterday, as more than a tenth of the oil giant’s investors failed to approve the pay awards of its top-level executives. Despite Shell reporting a 54 per cent jump in profits last year, just over 9 per cent of investors voted against [...]
Shell shareholders latest to warn on executive pay
May 22, 2012 By Alexis Flynn (Updates with details, context, background throughout.) LONDON (MarketWatch) — Royal Dutch Shell PLC (RDSA, RDSB.LN) shareholders showed their ire over high executive pay with 9% of investors rejecting the company’s remuneration report at Shell’s annual general meeting Tuesday. While the overwhelming majority of Shell shareholders backed paying Chief Executive [...]
Shell Executive Pay Rejected By Nearly 10% Of Investors
Published May 22, 2012 Dow Jones Newswires LONDON – Royal Dutch Shell PLC (RDSB.LN) shareholders showed their ire over high executive pay with nearly 10% of investors rejecting the company’s remuneration report at Shell’s annual general meeting Tuesday. Just over 90% of Shell shareholders approved the company’s pay package following an assembly in which several [...]
Shell’s pay plans are ‘excessive’
Oil giant Royal Dutch Shell is set to suffer a backlash from shareholders over executive pay, including a £9.4 million package for its boss. Chief executive Peter Voser took home 11.7 million euros last year – more than double the amount he earned in 2010 – after lucrative long-term incentive plans paid out. 20 May [...]
Shell latest victim of pay backlash
Shareholders in Royal Dutch Shell have been advised to oppose the oil giant’s “excessive” executive pay, which saw chief executive Peter Voser’s total remuneration double to more than £10m last year. By Emily Gosden 7:15PM BST 19 May 2012 Pensions and Investment Research Consultants (Pirc) urged its members to vote down the remuneration report at [...]
Fat cats are thinner by a whisker
“Finally it is worth mentioning some of the fat cats who prospered and departed this year, and who will no longer muddy their paws in our table. Top of these is Sir Philip Watts, latterly of Shell, whose pension pot expanded by another £2.6m last year to a total of £12.6m despite his leaving the [...]
Tesco rewards Leahy with a £2m bonus
Financial Times: Tesco rewards Leahy with a £2m bonus By Elizabeth Rigby and Sundeep Tucker Published: May 17 2005 Sir Terry Leahy has received a bonus of more than £2m after Tesco became the first retailer in the UK to break the £2bn profit barrier this year. The chief executive was paid a £2.08m bonus [...]
Nigerian oil union strike threat grows
THE BUSINESS: Nigerian oil union strike threat grows “Nigeria’s oil unions will repeat last week’s two-day strike against Royal Dutch/Shell and extend it to the US firms Chevron/Texaco and ExxonMobil if talks with the company on Tuesday breakdown. Lumumba Okugba, deputy general secretary of white-collar oil union Pengassan said: The next one will be have [...]
Fatter rewards for directors but thin returns for investors
The Independent: Fatter rewards for directors but thin returns for investors By Katherine Griffiths 08 June 2004 The Independent publishes its annual survey today measuring the boardroom pay and performance of Britain’s largest 100 companies Rolf Stahel, the former chief executive of Shire Pharmaceuticals, emerges as the executive with the biggest remuneration relative to the [...]
Highest paid chief executives
Special mention should go to Sir Philip Watts. The former Shell chairman may have left the oil giant under a cloud but enjoyed a 26pc increase in his pension to £10.01m – just outside our top ten. Daily Telegraph: Highest paid chief executives 1 June 2004 The top two this year are little-known characters outside [...]
Ousted Shell chief gets generous pay and option deal Package worth 5.8m, excluding severance deal, says annual report
Business Times Singapore: Ousted Shell chief gets generous pay and option deal Package worth 5.8m, excluding severance deal, says annual report Published May 31, 2004 Posted 1 June 2004 PHILIP Watts, the ousted chairman of the Royal Dutch/Shell Group, was given a pay and option package worth more than 5.84 million (S$18.2 million) in [...]
The Scotsman: Troubled Shell’s board bonuses axed
The Scotsman: Troubled Shell’s board bonuses axed MARTIN FLANAGAN CITY EDITOR Sat 29 May 2004 STORM-tossed Shell, the subject of regulatory investigations on both sides of the Atlantic for the overstated oil reserves scandal, dispensed with annual bonuses last year as a result, it emerged yesterday. The British/Dutch oil giant’s twin annual [...]
Shell Blog RSS Feed
