Financial Times: Shell snaps up Nokia’s Ollila as chairman
“Investors reacted favourably to the announcement, with analysts saying that Shell had managed to make two impressive senior appointments amid a raft of bad news, from delayed projects and cost overruns to poorer-than-expected earnings.”
Friday 5 August 2005
By Carola Hoyos
Published: August 5 2005 03:00 | Last updated: August 5 2005 03:00
Shell, the world’s third largest energy group, yesterday tapped Jorma Ollila, the man who transformed Nokia from a little-known Finnish group into the world’s leading mobile phone maker, to be the non-executive chairman of its newly unified board.
Investors reacted favourably to the announcement, with analysts saying that Shell had managed to make two impressive senior appointments amid a raft of bad news, from delayed projects and cost overruns to poorer-than-expected earnings.
Many investors were pleased last year to see Peter Voser, chief financial officer, return to the group from ABB, the Swiss/ Swedish engineering company.
“This is very good news for Shell. It is an extremely aggressive move,” said one analyst who follows the company. He welcomed the fact that the Anglo-Dutch group had recruited a chairman who was not tied to the UK or the Netherlands and was a “talented and active businessman” rather than a politician.
The 54-year-old Finn will step down as chief executive of Nokia on June 1 and take over Shell’s non-executive chairmanship from Aad Jacobs on the same day. Mr Ollila will also become non-executive chairman of Nokia and continue as non-executive director of Ford Motor Company.
Lord Kerr, Shell’s deputy chairman and the man who led the search, said: “We were looking worldwide for a chairman with international standing, a global outlook and proven success in managing a complex organisation. In Jorma Ollila we found all these qualities, and more.”
Nokia said he would spend two to three days a week focusing on Shell. Shell is lagging its peers, such as the BP and Texas-based ExxonMobil, the world’s biggest energy group.
Additional reporting by Christopher Brown-Humes in London Shell to answer tax charges, Page 9 Mudlark, Page 19 Lex, Page 40 Background: www.ft.com/shell
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.
