This week, Royal Dutch Shell forced through a proposal to pay bonuses to three executives just to stay in their jobs, even though investors holding almost half its voting shares failed to back the plan. Shell's scheme for the three frontrunners to become chief executive next year is a particularly unappealing example of the genre. There was not enough consultation with shareholders. This reflects badly on the board, whether it realised the hostility that might be provoked or was oblivious to it.
Golden Handcuffs
Paying for staying: Retention Bonuses
*This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan - more information here. There is also a Wikipedia segment, the Shell DPA Files, "Shell and the Spies", the Shell Leaks files, as well as books written and published by John Donovan - Kindle eBooks. Timeline of the Donovan Shell Feud. Toxic History of Royal Dutch Shell Group. Shell and the Donovans: The Full Media Record — 550+ Articles, 110 Books, 40 Years. *All created and supported by internet wizz, Nick Gill.
