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Shell EP: The lame being led by the blind

Jan 21st, 2014
by John Donovan.

Screen Shot 2014-01-14 at 14.34.31So the shock of not becoming number one was too big for Andy Brown. I wish him a speedy recovery and thereafter he should go spend quality time with his family and enjoy his earnings. Wetselaar is no doubt a brilliant finance man. But a finance man is really a failed banker, not good enough for the real thing… And this brilliant fellow will ‘lead’ the whole upstream as a part-time job? Has Shell not learned from the past what happens if you put beancounters in charge?

Comment from an old EP hand on Jan 21st, 2014 at 16:19 

The lame being led by the blind: So the shock of not becoming number one was too big for Andy Brown. I wish him a speedy recovery and thereafter he should go spend quality time with his family and enjoy his earnings.

On shell.com I read the following:

‘During Andy’s recuperation and until his return to work, Maarten Wetselaar, Executive Vice President Integrated Gas and former head of finance for Upstream International, will serve as acting Upstream International Director, in addition to carrying out his regular duties.’

Wetselaar is no doubt a brilliant finance man. But a finance man is really a failed banker, not good enough for the real thing… And this brilliant fellow will ‘lead’ the whole upstream as a part-time job? Has Shell not learned from the past what happens if you put beancounters in charge? Apparently not.

Andy should be sent home, he has only achieved very poor results (Alaska, shaleoil USA, etc). And for this job one needs to be in top condition AND have an EP background.

There are some people with the right qualifications who could do this job much better. And they are in Shell too!

And it certainly is not Odum, another one who needs to be sacked.

Van Beurden does not know about EP, it was not in his portfolio so he did not interfere…

So the upstream is now like the lame being led by the blind. Unbelievable. I can only wish them good luck.

Comment posted by “Stuart” on 2014/01/21 at 21:14

Old Hand, not quite accurate. Andy has/had nothing to do with the US Shale or Alaskan businesses. His role in Upstream International has nothing to do with Upstream Americas – where both these things reside.

I will say I’ve met Maarten a few times and he’s a massively smart guy, who had already been given a line business to lead and I suspect will be possibly more capable than his boss.

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Posted in: Alaska, Arctic, Ben van Beurden, Corporate Governance, GoogleNews, Marvin Odum, Oil, Oil Company Profits, Royal Dutch Shell Plc, Shell Project Delays, Shell Project Overruns.
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