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Andrew Mackenzie named new Shell chairman

Andrew Mackenzie named new Shell chairman

Amanda Jordan: March 11, 2021

Royal Dutch Shell announced the appointment of Andrew Mackenzie as chairman with effect from the conclusion of the annual general meeting on May 18.

Mr Mackenzie will succeed Chad Holliday, who will step down the same day having served as chairman for six years, Shell said Thursday in a statement.

Mr Mackenzie, a British national, joined Shell’s board in October after a career in the energy, petrochemicals and resources sector, latterly as chief executive officer of mining giant BHP from 2013 to 2019.

“Andrew brings to Shell his experience of leadership, his global outlook, and a deep understanding of the energy business and climate action,” the company said in the statement.

Mr Holliday said, “I am delighted to welcome Andrew as my successor. I have nothing but confidence in Shell’s bright future.

“Andrew brings a wealth of leadership and sustainability experience , scientific curiosity and commercial acumen that ideally equip him to help Shell navigate the energy transition.“

Mr Mackenzie, who stepped down as CEO of BHP in December 2019 in favour of Mike Henry, and under whose leadership BHP embraced ambitious emissions reduction targets, said,“I believe Shell has an exceptional portfolio of future facing assets and I look forward to working with[Shell CEO] Ben van Beurden and the board to profitably accelerate Shell’s transition into a net zero emissions energy business that continues to generate substantial value for shareholders, customers and communities alike.”

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