By John Donovan
Jorma Ollila, the departing Chairman of Royal Dutch Shell Plc., has joined a New York based investment bank, Perella Weinberg Partners.
I can only assume that they are not concerned by the scandal of his failure to disclose ownership of a Luxembourg company worth €8.2 million. He admitted breaking the law, but prefers to call it “neglecting the law.”
This from a man who has preached the gospel of transparency.
What a gap between the lofty rhetoric in his speeches, no doubt written by someone else, as opposed to his actual deeds.
On reflection, he does seem qualified to be a banker.
RELATED ARTICLE
Shell’s Ollila to Join Perella Weinberg as Partner: Bloomberg: 30 June 2014
Jorma Ollila Joins Perella Weinberg Partners as Advisory Partner: MarketWatch: 30 June 2014
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