Shell starts search for successor to chief

Screen Shot 2014-06-07 at 14.37.49Extract from a Financila Times article by Andrew Parker and Guy Chazan published 8 June 2014

One person familiar with the situation said Mr Ollila was planning to step down because of corporate governance rules, and that the timing of his departure had nothing to do with Shell’s recent financial difficulties. Ben van Beurden became the company’s chief executive in January, when it issued the first profit warning in its history. This… followed several quarters of disappointing results.

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