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Mudlark: Does UK chairman face a Shell ‘nee’?

Financial Times: Mudlark: Does UK chairman face a Shell ‘nee’?

Posted 4 June 2005

By Clay Harris

Tick, tock. There are only 24 days to the annual meetings that will vote on proposals to create a unified Royal Dutch Shell. But there is still no sign of a chairman-designate to take over from Aad Jacobs next year (Mudlark, May 20).

Since Shell has committed itself to selecting an external candidate, logic might argue that the lucky man or woman should get a bit of a run-in before taking the hot seat. Shareholders might also appreciate a glimpse of the future team before they vote on June 28.

One stumbling block may be that “independent” – another condition set by Shell – could be interpreted as someone who is neither British nor Dutch. Are qualified British candidates – to complement Dutch chief executive Jeroen van der Veer – being excluded on the basis of nationality?

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