AFX Europe (Focus): Shell to give no governance review at Sept strategy update – FT
“…at a meeting with about 10 UK institutional investors last week, van der Veer said that all decisions regarding future structural changes would be announced in November.”
Posted Sept 13, 2004
LONDON (AFX) – Anglo-Dutch oil giant Royal Dutch/Shell has decided against providing an update of its ongoing review into structure and governance when it unveils its revamped business strategy later this month, the weekend Financial Times reported, citing investors and shareholders at a meeting last week.
Instead, the oil giant will publish the results of its wide-ranging internal review in November, the newspaper said.
Last month, Jeroen van der Veer, group chairman of the Anglo-Dutch oil group, had signalled that Shell might release some details of the review alongside the unveiling of its latest strategy plan on Sept 22.
But at a meeting with about 10 UK institutional investors last week, van der Veer said that all decisions regarding future structural changes would be announced in November.
One Shell shareholder who was present at the meeting was quoted as saying: “It is right that Shell separates business strategy from talk of future governance arrangements.”
Shell told investors that the group’s new business strategy will be aimed at helping the company concentrate on finding more oil and generating higher margins.
One investor was quoted as saying: “It was heartening to hear that they plan to concentrate on the basics of the business.”
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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.

























































