03.28.07, 6:44 AM ET
(Adds details, background)
LONDON (AFX) – Royal Dutch Shell PLC (nyse: RDSA – news – people ) said Jeroen van der Veer will stay on as the Anglo-Dutch oil giant’s chief executive until June 30, 2009.
Van der Veer, who is turning 60 in October, became Shell’s first CEO following the unification of Shell Transport Trading PLC and Royal Dutch Petroleum NV in 2005.
‘Jeroen’s decision today provides clarity, and I am most pleased that he will stay on longer, providing valuable continuity and leadership in Shell over the next years,’ said chairman Jorma Ollila.
Van der Veer led Shell during the toughest times of its century-long history. Before he became CEO, Van der Veer was named chairman of the committee of the managing directors of Royal Dutch Petroleum and Shell Transport, replacing Sir Philip Watts who was sacked in early 2004 when the company admitted it overbooked oil and gas reserves by over a fifth.
The reserves crisis led to a top-level management revamp and the historic union of the British and Dutch companies to create Royal Dutch Shell PLC, run by a single board, chairman and CEO. Royal Dutch owns 60 pct of the new Shell, while Shell Transport holds the remaining 40 pct.
Shell ditched the mandatory retirement age of 60 years following the far-reaching organisational restructuring.
While Van der Veer decided to stay on, his counterpart at BP (nyse: BP – news – people ) PLC, John Browne, is retiring in July, 18 months earlier than planned and months before his 60th birthday in early 2008. Browne will be replaced by Tony Hayward, currently in charge of BP’s exploration and production business.
At 10.07 am, Royal Dutch Shell B shares were up 27 at 1,708 pence.
[email protected]
mbe/wj
Copyright AFX News Limited 2007. All rights reserved.
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:


MORE DETAILS:












A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.

























































