ThisIsLondon.co.uk: US humiliation for oil giant Shell
10 June 2004
POWERFUL US investor Calpers – the California Public Employees’ Retirement System – has put the Shell oil group on its hit list of companies with poor governance – a humiliation for the giant which used to pride itself on its high standards.
Calpers spotlights a series of poor practices and calls on independent directors to put them right.
Calpers is the top US campaigner for board reform and lists four big offenders, including Disney.
Among the issues it lists at Shell are underperformance, flawed accounting and ‘apparent inadequacy of controls’.
Royal Dutch has a ‘dominant position’ in the group. Its managers have power through ‘priority shares’ to reject shareholders’ board candidates.
Calpers says the ‘mechanism is self-perpetuating’ and keeps outsiders out of top jobs. It wants a clear timetable for reform.
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
