Van Beurden said: Of course, Im very aware of the difficulties and the hardship. The oil major announced on Thursday that former BHP Chief Executive Andrew Mackenzie would become its next chairman to succeed Charles Holliday, who steps down on May 18 after being in the role for six years. It plans to spend four times as much on oil and gas development as on renewables next year. Shell said van Beurden would continue to work as an advisor to the Board through to June 30 next year, after which he will leave the company. In 2014, van Beurden became CEO and moved his Australian wife Stacey and four children to the Hague from their home in West London, which sold for 3million, according to The Mirror. And, as critics warned, the company remains saddled with debt from its $53 billion acquisition of BG Group in 2015. articles a month for anyone to read, even non-subscribers. Van Beurden's pay includes a 2.6 million-pound bonus and 4.9 million pounds worth of stock, according to the company's annual report. Ben van Beurden - Wikipedia Luke Hildyard, a director of the High Pay Centre, a campaign group, said: Shells chief executive rakes in millions and half their UK employees make well over 100,000. The boss of oil giant Shell has insisted it can transition to net zero by 2050, but it will need the cash from its oil and gas business to pay for it. The secret mine that hid the Nazis' stolen treasure. 'Whether it is executive bonuses or soaring profits, the money being made out of Putin's illegal war should be helping struggling families not oil and gas barons.'. After Russia invaded Ukraine this year, he was quick, though, to begin severing those ties, including a valuable natural gas export joint venture on Sakhalin Island in the Russian Far East. 06:23 EDT 09 Mar 2023 The footage showed water being poured over him by his two young daughters from buckets which were reportedly Veuve Clicquot champagne coolers.
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