Sat, October 28, 2006
UPDATED: 2006-10-28 01:27:53 MST
By CP
Shell Canada Ltd. has added two blue-chip appointees to its board of directors as it contemplates being taken over by its international parent company.
The integrated oil producer and gasoline retailer said yesterday it is expanding its board to 12 directors with the addition of Louise Frechette, a former senior federal bureaucrat and diplomat who was deputy secretary general of the UN from 1998 until this year, and David Galloway, chairman of Bank of Montreal and former CEO of Torstar Corp.
The announcement came four days after global energy giant Royal Dutch Shell PLC said it intends to pay $7.7 billion — $40 per share — for the 22% of Shell Canada it does not already own.
The offer is conditional on acceptance by owners of at least half of he minority shares, and Shell Canada’s board has appointed a special committee to develop a recommendation to stockholders.
Shell Canada stock has been above the offer price since Royal Dutch Shell presented its proposal Monday, indicating market players expect the bid to be sweetened.
Shell Canada shares finished at $42.85 yesterday, off six cents on the day but up from $32.80 before the offer.
Appointing the new independent directors “further strengthens Shell Canada’s corporate governance structure,” the company stated.
It added its directors “took the decision to increase the size of the board some time ago and the appointment of Louise Frechette and David Galloway follows a process which lasted several months.”
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.
