Washington Times: Shell to abandon priority shares
London, England, Jun. 17 (UPI) — Royal Dutch/Shell announced Thursday its Dutch board had proposed scrapping its controversial priority shares, the Financial Times reported.
A statement said the board intended to make the proposal at its annual general meeting next year.
The priority shares scheme has come under fire from investors because the shares carry extra voting rights.
Shell met another shareholder demand by naming the executives in the steering group conducting a governance review, which was prompted by the mis-stated reserves scandal earlier this year.
The terms of reference for the steering group include a possible simplification of the board and management structures, improvement to decision making processes and accountability and enhancing leadership.
Shell said the results of the review would be made public by the boards in November 2004, “after which a round of further more focused consultation with shareholders will be undertaken”. The entire process would be concluded in the shareholders meeting of 2005 and implemented immediately, it said.
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.
