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Linda Cook

Surprise departure as Shell set for revamp

Jun 7th, 2009
by John Donovan.
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Royaldutchshellplc.com, an independent website used by Shell staff, said yesterday that more than 30 per cent of senior managers were expected to go.

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File of outspoken articles about Royal Dutch Shell 2004 – 2009

Jun 6th, 2009
by John Donovan.
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File of outspoken articles about Royal Dutch Shell published by this website since 2004.

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We have a precise number of the Shell SEG getting the boot: a “HUGE” number

May 29th, 2009
by John Donovan.
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By John Donovan

On Tuesday we published the article below. It was subsequently used as the source of multiple news reports around the world, including the lead front page article of the Financial Times newspaper published the following morning, Wednesday 27 May. 

Later that same day, an article published by ROMANDIE NEWS quoted a Shell spokesman as denigrating the veracity of the information in our article, describing it as “pure speculation.”  

Shell then rushed forward the release of incoming CEO Peter Voser’s reorganisation plans which confirmed our information was in fact accurate. We published a leaked email from Voser hours after he sent it to Shell employees announcing his plans. Fortunately, a number of news organisations had already published because they had confidence based on past performance, that our Shell insider sources are reliable.  read more

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SHELL TO SLASH COSTS WITH GIANT JOBS CULL

May 29th, 2009
by John Donovan.
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Daily Express - Breaking news, sport and showbiz from the World's Greatest Newspaper

City & Business

SHELL TO SLASH COSTS WITH GIANT JOBS CULL

Story Image RESTRUCTURE: Peter Voser is going to restructure the company

Thursday May 28,2009

By Andrew Johnson

Royal Dutch Shell unveiled one of the most radical restructurings in its 119-year history yesterday in a move placing thousands of jobs at risk.

Incoming chief executive Peter Voser is aiming to slash costs, cut project overruns and speed up decision making through the overhaul announced yesterday following the departure of gas and power chief Linda Cook.

While the company disappointed the City by setting no targets for how much money will be saved, analysts said the annual figure would be in the high “£100millions, if not low £1billions in the next two years or so”. read more

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New Shell chief ready to slash and burn

May 28th, 2009
by John Donovan.
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Shell will also set up a new division to handle project delivery and technology. It will be led by Matthias Bichsel, who is also Swiss. Some Shell employees complained on their website Royaldutchshellplc.com that a "Swiss Mafia" is running the group.

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Scots Shell employees face wait over jobs decision

May 28th, 2009
by John Donovan.
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The group has 102,000 people worldwide, and a spokeswoman said yesterday the new organisation would have a smaller workforce.

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Royal Dutch Shell restructuring to affect 24,000 jobs

May 28th, 2009
by John Donovan.
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Royal Dutch Shell has unveiled the most the radical restructuring of its operations for decades in a move that will impact over 24,000 jobs.

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Massive shake-up at Shell puts 24,000 jobs at risk

May 27th, 2009
by John Donovan.
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The Independent

Up to a third of senior management under threat

By Sarah Arnott

Thursday, 28 May 2009

Hot on the heels of the surprise resignation of top executive Linda Cook, Shell’s in-coming chief executive Peter Voser announced major restructuring plans yesterday that could cut thousands of rank-and-file jobs.

Some 24,000 staff at the Anglo-Dutch oil giant will be affected by the changes, with job losses expected to be in the thousands. Up to a third of senior management are believed to be under threat.

There are three major structural changes. The company’s three upstream businesses – exploration and production (EP), gas and power (GP) and oil sands – will be combined into two, new regional units: Upstream Americas and Upstream International. Mr Voser is also creating an entirely new “Projects & Technology” division which will manage everything from R&D to project delivery to contracting and procurement. Finally, some parts of Shell corporate are to be absorbed into specific business units, while the rest is streamlined under a single combined human resources (HR) corporate director role. read more

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Shell to cut up to 10,000 jobs in worldwide restructuring

May 27th, 2009
by John Donovan.
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The Times May 28, 2009 Robin Pagnamenta, Energy and Environment Editor

More than 10,000 jobs at Royal Dutch Shell are under threat as Peter Voser, the oil giant’s new chief executive, announced a radical shake-up of the company.

In a series of moves designed to slash billions of dollars from Shell’s cost base and sharpen its focus in an era of low oil prices, the company said it was merging three divisions into two, creating a new one charged with project management and trimming the number of executive directors on its board from five to three.

“Organisationally, we are too complex, and our culture is still too consensus-oriented. Our costs are simply too high,” Mr Voser told staff in an e-mail before briefing 200 senior executives on the plans at a special meeting in Berlin. read more

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Funeral in Berlin for many of Shell’s top brass

May 27th, 2009
by John Donovan.
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The Times May 28, 2009

Senior jobs are on the line at the oil company as the incoming chief executive unveils an efficiency drive

Robin Pagnamenta

Up to 200 Shell executives from around the world flew to Berlin this week for an unusual two-day meeting.

The gathering, which began on Tuesday, offered a final chance to bid farewell to Jeroen van der Veer, the mild-mannered Dutchman who has steered Shell through some rocky times over the years. The chief executive is due to retire next month but the mood was hardly celebratory, for his replacement, Peter Voser, has wasted no time in making his mark.

The executives were also in Berlin to hear Mr Voser outline his plans yesterday for a radical overhaul at the world’s second-largest listed oil company. This will involve thousands of job losses, including many of their own. read more

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Thousands of Shell jobs on the line as Voser sweeps in with merger plans

May 27th, 2009
by John Donovan.
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Daily Mail

By DAILY MAIL REPORTER
Last updated at 10:37 PM on 27th May 2009

Not so slick: Job cuts look imminent at Shell

Not so slick: Job cuts look imminent at Shell

Thousands of jobs are at risk at Royal Dutch Shell as incoming chief executive Peter Voser announces a sweeping reorganisation. 

The Swiss chief executive-elect is merging Shell’s Exploration & Production, Gas & Power and Oil Sands businesses into two super-divisions. 

On top of that, Shell is creating a Projects & Technology unit that will spearhead big new developments.  read more

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Shell shock as long-timer Cook is first to go in Voser cull

May 27th, 2009
by John Donovan.
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By SAM FLEMING
Last updated at 11:53 PM on 26th May 2009

Going: Linda Cook will leave Shell after nearly 30 years working for the firm

Going: Linda Cook will leave Shell after nearly 30 years working for the firm

A management shakeup is looming at oil giant Royal Dutch Shell as anointed chief executive Peter Voser prepares to take the helm. 

Shell yesterday announced the sudden departure of gas & power chief Linda Cook, who has been at the company for almost three decades. Cook will step down from the board next week and then leave her post at end of June. 

The surprise decision is thought to be a prelude to wide-ranging changes at the top, as Swiss-born Voser succeeds Jeroen van der Veer as chief executive. read more

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Linda Cook, Shell’s top woman executive, is first casualty of boardroom shake-up

May 27th, 2009
by John Donovan.
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The Times May 27, 2009

Royal Dutch Shell Gas and Power Executive Director Linda Cook

Suzy Jagger, Politics and Business Correspondent

Linda Cook, the head of Shell’s gas business, resigned abruptly yesterday, the first boardroom casualty at the hands of Peter Voser, the new chief executive of the oil company.

Mrs Cook, who fought Mr Voser for the top job, is leaving after a “mutual decision” with the new boss and is forgoing an £800,000 loyalty bonus because she is quitting before 2011. It is believed that Mr Voser, who is stepping up from chief financial officer, is in the process of choosing his new leadership team.

Mrs Cook’s departure comes as four large institutional investors were understood to have grown frustrated with her. They are thought to have found her grasp of the business outside her immediate gas operations to be “underwhelming”. read more

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Shell shake-up to cut costs

May 27th, 2009
by John Donovan.
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In an e-mail to staff, he said the company was organisationally too complex, and its culture “too consensus-oriented”. He said his objectives were to cut costs, speed up large projects and make Shell “a simpler place to work”.

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Shell spokesman says assertions of royaldutchshellplc.com “pure speculation”

May 27th, 2009
by John Donovan.
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Tuesday, royaldutchshellplc.com site, hosted by former employees against the direction of the oil company, had argued on the basis of internal sources as the new boss of Shell would cut a third of senior management positions. "Inevitably, there will be fewer jobs, but Shell did not set a goal in the subject, provided his side a spokesman for the group to AFP, calling the assertions of royaldutchshellplc.com of "pure speculation".

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