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Reuters: Shell Sakhalin boss quits after email leaked

Thu Jun 21, 2007 4:29 PM BST

MOSCOW, June 21 (Reuters) – An executive from Royal Dutch Shell (RDSa.L: Quote, Profile , Research) has resigned two weeks after a motivational email he wrote to staff on the Sakhalin-2 project in Russia was leaked to newspapers, a company spokesman said on Thursday.

“This is true,” a Shell spokesman in Moscow said, without giving details.

David Greer, deputy chief executive of Sakhalin Energy, the consortium running the $22 billion project, sent an email in which he said he despised cowards and urged staff “lead me, follow me or get out of my way.”

Greer’s memo was criticised for its aggressive tone and for borrowing heavily from George Patton, a U.S. general in World War Two.

The Shell spokesman declined to say whether the memo, first revealed by the Financial Times on June 5, was the cause of Greer’s departure. A Sakhalin Energy spokesman was unavailable.

During Greer’s tenure at Sakhalin-2, a huge oil and gas project on Russia’s Pacific island of Sakhalin, Shell sold control of the venture to Russian gas monopoly Gazprom (GAZP.MM: Quote, Profile , Research) at what most analysts said was a knock-down price.

The other minority shareholders in the project are Japan’s Mitsui (8031.T: Quote, NEWS , Research) and Mitsubishi (8058.T: Quote, NEWS , Research).

© Reuters 2007. All Rights Reserved.

Story given to Reuters by John  Donovan.

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