London Evening Standard: Shell ‘to create single board’
“ONE OF the most outspoken shareholder activists in Shell believes the creation of a single board under chief executive Jeroen van der Veer is now a ‘fait accompli’.”
Steve Hawkes,
17 September 2004
ONE OF the most outspoken shareholder activists in Shell believes the creation of a single board under chief executive Jeroen van der Veer is now a ‘fait accompli’.
Eric Knight, managing director of Knight Vinke Asset Management, is convinced such a move may be just months away as the Anglo-Dutch group looks to draw a line under its reserves crisis.
He said: ‘We are going to see some changes this year.’
Van der Veer is due to give a crucial strategy presentation in the City next Wednesday and has sought to defer all questions about the review of Shell’s corporate structure until November.
Knight said while this has disappointed shareholders desperate for change, most will be willing to wait if it delivers the shake-up they are pressing for. ‘It’s a very important presentation and it’s important they get it right,’ he said
‘I sense that, since the annual meeting, there has been a change in attitude at Shell. They are much more open about the change that needs to take place.’
Shell has three boards loosely controlled by a committee of managing directors. Investors want a Plc-style board with clear reporting lines into the UK and Dutch arms.
Knight refused comment on yesterday’s decision by ex-chairman Sir Philip Watts to challenge the £17m fine slapped on Shell by the Financial Services Authority.
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.
