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Posts under ‘Linda Cook’

Executive Pay

In the Oil & Gas sector we know that today’s decisions usually impact on results  several years out into the future.  I see todays Shell results largely attributable to decisions made by Jeroen van der Veer and Linda Cook on Sakhalin and Qatar.  They had the determination and vision to play the long game and […]

Canada candidate for top Shell job

Financial Times: Canada candidate for top Shell job By Carola Hoyos in London Published: May 19 2004 5:00 | Last Updated: May 19 2004 5:00 Royal Dutch/Shell yesterday announced the first promotion to its committee of managing directors since the scandal over its oil and gas reserves cut its members from six to three. The […]

LINDA’S LOLLY: $30 MILLION PLUS PAYOFF FROM SHELL

She was universally hated and in the end Shell thankfully ducked appointing her as CEO and she cleared off in a hissy fit! Laughing all the way to the bank no doubt. Graphic From Daily Mail Article: Shell braced for yet another revolt over directors’ pay Wilt Staph Posting on Apr 15th, 2010 at 10:16 […]

Shell braced for yet another revolt over directors’ 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.” 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 […]

Short-termism at Royal Dutch Shell

There is a culpable short-termism about Shell at the moment. But we have seen it all before. POSTING ON SHELL BLOG 26 MARCH 2010 BY “Wilt Staph” There is a culpable short-termism about Shell at the moment. But we have seen it all before. It is mind-blowing that one of the world’s largest corporations cannot: […]

$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 […]

Ex-Shell boss receives £5m sweetener

Daily Mail 17 March 2010, 8:11am Linda Cook, the former head of Shell’s oil and gas division, received a £5m compensation payment after losing out on the role of chief executive to Peter Voser. Compensation: Linda Cook In total she walked away with £7m including salary and bonus, making her the highest paid Shell executive […]

Shell to sell refineries to boost output

Daily Telegraph: Royal Dutch Shell has unveiled the most dramatic overhaul of its business in recent memory, outlining plans to exit more than a third of its 90 retail markets, slash refining capacity and return to growth after seven years of falling output. By Garry White Published: 10:10PM GMT 16 Mar 2010 Peter Voser, chief […]

Shell Pays CEO Voser $4.4M, Ex-Exec Linda Cook Gets $7.6M Severance

THE WALL STREET JOURNAL MARCH 16, 2010, 6:47 A.M. ET By Lananh Nguyen and Jeffrey Sparshott Of Dow Jones Newswires LONDON (Dow Jones)–Royal Dutch Shell PLC (RDSB) said Tuesday it made a $7.6 million severance payment to the former head of its gas and power division last year, making her the highest-earning executive at the […]

Shell’s female head of gas and power earned £3.9m in 2008 – by resigning

Oil company’s ‘golden goodbye’ made Linda Cook the second highest-paid businesswoman in Britain Terry Macalister, Monday 14 September 2009 18.39 BST: guardian.co.uk Linda Cook earned £3.9m last year, making her the second best-paid businesswoman in Britain. But the former head of gas and power at Shell only achieved the top remuneration spot after a “golden […]

BP shuts alternative energy HQ

• ‘Beyond Petroleum’ boast in doubt as clean energy boss quits
• Renewables budget will be reduced by up to £550m this year

Big oil maintains its focus, mostly, on… oil

And the European majors, BP and Royal Dutch Shell, who made names for themselves in leading the oil majors into renewables, now seem to be backtracking in those areas.

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

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 […]

Surprise departure as Shell set for revamp

Royaldutchshellplc.com, an independent website used by Shell staff, said yesterday that more than 30 per cent of senior managers were expected to go.