News and information on Shell Plc
Up to 24,000 jobs are at risk in Shell after the Anglo-Dutch oil group unveiled plans for a major restructuring.
The oil giant this morning revealed a shake-up in which its exploration and production, gas and power and oil sands units are to be merged into two new divisions.
27.05.09
Senior managers at Shell today started a two-day conference where they will be told of large potential staff cuts.
The summit in Berlin comes a day after the oil giant’s head of gas, Linda Cook, left Shell after being passed over for the chief executive’s role.
That job is being taken up by Peter Voser, the company’s finance director, on 1 July. Shell insiders’ website Royaldutchshellplc.com reported that Voser will tell his top 100 managers that Cook’s old division will be merged with exploration and production in a move aimed at dramatic staff cuts. It is believed this was Voser’s platform on which he made his pitch to the board for the chief executive’s job.
?????????????Royaldutchshellplc.com?????????30%?????????
Om kosten te besparen zou de nieuwe ceo van Shell 30 procent van de senior managers een gouden handdruk willen geven, zo schrijft Shell-criticus John Donovan op zijn website. Die informatie zegt hij van binnen het bedrijf te hebben.
Ifølge royaldutchshellplc.com, som er et uavhengig nettsted for Shell-ansatte, vil mer enn 30 prosent av høyere ledere måtte gå.
LONDON Royal Dutch Shell will announce a major company restructuring, merging its exploration and production and gas and power units and laying off more than 30 percent of senior management, according to a post on the blog of Shell critic John Donovan Tuesday.
Shell’s incoming chief executive Peter Voser will announce the measures Thursday at a meeting of around 100 top company executives in Berlin, Donovan wrote on the blog royaldutchshellplc.com, citing multiple unnamed people working for Shell.
By Ed Crooks
Published: May 27 2009 03:00 | Last updated: May 27 2009 03:00
Peter Voser, who takes over as chief executive at Royal Dutch Shell on July 1, is not wasting any time in reshaping the company the way he wants it.
After having spent five years as chief financial officer , it would be surprising if he did not have some reasonably well-formed ideas about what he wants to do.
The departure of Linda Cook as head of gas and power presages a more fundamental shake-up at Shell.
Those changes can be expected to include a systematic attack on the company’s costs.
By John Donovan
This was all the information published by Shell on its official website yesterday concerning the departure of Linda Cook.
26/05/2009 Royal Dutch Shell plc announces directorate change
The Board of Royal Dutch Shell plc announced today that Mrs Linda Cook will resign as Executive Director of the Company on 1st June 2009. She has served the Company for 29 years of which the last 5 years as Executive Director of Gas & Power, Shell Trading, Global Solutions and Technology.
Compare that with the wealth of information and comment published here the same day in the form of articles and Shell Blog postings. We are especially grateful for all the Shell insider contributions which make this site far and away the best online source of honest information and debate about Royal Dutch Shell i.e. free of Shell spin and influence.
Linda Cook, the head of Shells gas business, resigned abruptly yesterday, the first boardroom casualty at the hands of Peter Voser, the new chief executive of the oil company.
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
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.
It is expected that exploration and production and gas and power will be combined into a single division. The merged business is then expected to be split in two, with an American division run by Marvin Odum, now head of Shell Oil, the US subsidiary, and the rest of the world run by Malcolm Brinded, now head of exploration and production.
Linda Cook, boss of the division gas and energy “of Shell, on 2 July 2008 in Madrid
LONDON (AFP) – Shell announced Tuesday that Linda Cook, patroness of the division gas and energy giant Anglo-Dutch oil and candidate in the general direction, leave office on 1 June, a start could be the prelude a major reorganization.
This will precede the start of the new CEO of Shell, the current finance director Peter Voser, scheduled for July 1st. The latter was preferred to Linda Cook and other candidates, including Malcolm Brindred, leader of the division “exploration and production”, to succeed Jeroen van der Veer.
By Ed Crooks and John ODoherty
Published: May 26 2009 09:54 | Last updated: May 26 2009 18:53
Royal Dutch Shell cleared the way for a management shake-up under its new chief executive on Tuesday as expectations mounted that Europes biggest oil company will soon unveil a wide-ranging restructuring.
Shell announced the sudden departure of Linda Cook, head of the gas and power division, by mutual agreement.
Linda Cook is stepping down from the board of Royal Dutch Shell
The news came as Shells top 200 managers gathered in Berlin for a two-day meeting, at which the company is expected to announce restructuring plans.
Today weve heard a couple of rumours that the departure of Shells gas and power chief, Linda Cook, came ahead of some major changes to the companys structure.
One of those sources, both of them at Shell, said that the exploration and production unit was likely to merge with the gas and power unit.
Dow Jones also has word from a person familiar with Shells thinking that:
Voser put this restructuring plan to the Shell board, with the aim of making significant costs cuts, some months ago when he was competing to replace current Chief Executive Jeroen van der Veer, who retires at the end of June.
By John Donovan
The following information has been assembled from multiple Shell insider sources.
Funeral in Berlin: Tomorrow a two day meeting commences in Berlin involving the Shell top 100.
A formal farewell to the departing Chief Executive Jeroen van der Veer will take place during the first day of the meeting.
The second day has been set aside for his replacement, Peter Voser, to announce his plans said to include:
1. A major cull of senior managers/executives. More than 30% will go, rewarded with golden handshakes.
By Paddy Briggs
Cook’s departure is ego-driven. She lost out – so she walks away in a huff. But then that’s what you do when the only thing that matters is self-aggrandisement. What charecterises Shell head honchos in recent times is that it is all about self. Power, position, perks and obscenely inflated bonuses and rewards – and to hell with the business or the tradition or the history of this once great company and once respected brand. And to hell with the stakeholders as well. Suppliers, Partners, local communities, employees, pensioners and society at large are the disposable small fry in the selfish and self-centered world of Van Der Veer, Cook, Brinded and the rest.
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