Shell CEO Ben Van Beurden to Step Down at Year's End

Seekingalpha2022-09-15

The CEO of energy giant Shell (NYSE:SHEL) Ben van Beurden to step down at the end of 2022, after nine years in charge and will be replaced by Wael Sawan, the company announced Thursday.
Sawan will become its next chief executive on Jan. 1.
Sawan, who has worked for Shell for 25 years, is currently director of integrated gas, renewables and energy solutions, and has been a member of Shell’s executive committee for three years.
Ben van Beurden will continue working as adviser to the Board until June 30, 2023, after which he will leave the group.
Earlier, Shell (SHEL) reportedly is laying the groundwork to replace CEO Ben van Beurden after running the company for nine years.
In late July, Shell posted record profits for a second straight quarter as the energy giant benefited from soaring prices of oil and natural gas fueled by Russia’s war in Ukraine.
Shares are up 0.22% premarket on Thursday.

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RADIUMRAVEN2
2022-09-15
RADIUMRAVEN2
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2022-09-15
Newbaby
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Thursday.Sawan will ...</p>\n\n<a href=\"https://seekingalpha.com/news/3882898-shell-ceo-ben-van-beurden-to-step-down-at-years-end\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SHEL":"SHELL PLC SPON ADS EACH REPR 2 ORD SHS"},"source_url":"https://seekingalpha.com/news/3882898-shell-ceo-ben-van-beurden-to-step-down-at-years-end","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2267509789","content_text":"The CEO of energy giant Shell (NYSE:SHEL) Ben van Beurden to step down at the end of 2022, after nine years in charge and will be replaced by Wael Sawan, the company announced Thursday.Sawan will become its next chief executive on Jan. 1.Sawan, who has worked for Shell for 25 years, is currently director of integrated gas, renewables and energy solutions, and has been a member of Shell’s executive committee for three years.Ben van Beurden will continue 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Thursday.Sawan will ...</p>\n\n<a href=\"https://seekingalpha.com/news/3882898-shell-ceo-ben-van-beurden-to-step-down-at-years-end\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SHEL":"SHELL PLC SPON ADS EACH REPR 2 ORD SHS"},"source_url":"https://seekingalpha.com/news/3882898-shell-ceo-ben-van-beurden-to-step-down-at-years-end","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2267509789","content_text":"The CEO of energy giant Shell (NYSE:SHEL) Ben van Beurden to step down at the end of 2022, after nine years in charge and will be replaced by Wael Sawan, the company announced Thursday.Sawan will become its next chief executive on Jan. 1.Sawan, who has worked for Shell for 25 years, is currently director of integrated gas, renewables and energy solutions, and has been a member of Shell’s executive committee for three years.Ben van Beurden will continue working as adviser to the Board until June 30, 2023, after which he will leave the group.Earlier, Shell (SHEL) reportedly is laying the groundwork to replace CEO Ben van Beurden after running the company for nine years.In late July, Shell posted record profits for a second straight quarter as the energy giant benefited from soaring prices of oil and natural gas fueled by Russia’s war in Ukraine.Shares are up 0.22% premarket on Thursday.","news_type":1,"symbols_score_info":{"SHEL":1}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":11,"commentSize":2,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; 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