Royal Dutch Shell Plc (RDSA) Chief Executive Officer Peter Vosers compensation more than doubled to 11.7 million euros ($15.3 million) in 2011 from the previous year after long-term incentive bonuses and awards were vested.
Vosers total compensation included 6.5 million euros in awards that form part of Shells long-term incentive awards and deferred bonus plan, it said in an annual report today. Voser, who got 5.5 million euros in total compensation in 2010, had a base salary of 1.55 million euros and a bonus of 3.5 million euros in 2011. The base salary will increase by 3.2 percent to 1.6 million euros this year, the report said.
The severance payment for Malcolm Brinded, who will step down as executive director for exploration and production in April, was 2.52 million euros, Shell said. Brinded received 1.175 million euros as a base salary and a bonus of 2 million euros and his total compensation over 2011 was 11.4 million euros, according to the report.
Shell, Europes largest oil company, saw production fall 3 percent to 3.2 million barrels of oil equivalent a day last year. The Anglo-Dutch companys projects in Qatar will prop up extraction and help to generate surplus cash with oil above $100 a barrel.
Shells remuneration policy firmly links executive compensation with the performance of the company, and the 2011 outcome reflects what was a positive year for the company, Jonathan French, a London-based spokesman for Shell, said in an interview.
To contact the reporter on this story: Fred Pals in Amsterdam at [email protected].
To contact the editor responsible for this story: Will Kennedy at [email protected]
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.
