By Rob Davies
PUBLISHED: 22:18, 15 March 2012 | UPDATED: 22:18, 15 March 2012
Shells top brass doubled their money in 2011 as the firms performance triggered generous share awards under an incentive scheme that has since been scrapped.
Nineteen senior staff shared £54.5m compared to £26.9m last year, while they also picked up pension benefits worth a further £5.9m.
Chief executive Peter Voser pocketed a pay, bonus and shares package worth £10.12m, while director Malcolm Brinded earned £9.88m and finance director Simon Henry had to make do with £3.25m.
The surge in remuneration, despite a dividend that remained flat at $1.68, risks reopening old wounds inflicted when shareholders staged the UKs largest ever pay revolt in 2009.
Shells remuneration policy firmly links executive compensation with the performance of the company, and the 2011 outcomes reflect what was a positive year for the company, said a spokesman.
The increase was largely thanks to the criteria attached to the firms 2008-2010 long term incentive plan, which allowed directors to scoop share payouts worth 150 per cent of salary.
The old incentive scheme measured success only by the companys share price relative to peers, placing Shell second among the oil companies in 2011.
Increased scrutiny on pay has forced the firm to adopt a new methodology under which it also considers earnings per share, cash generated from its operations and growth in oil production.
A spokesman said Shell outperformed the FTSE by 23 per cent, while it paid out £6.7bn in dividends during 2011, £1 in every £8 paid out by the UKs blue-chip companies.
Shares in Shell declined by 16.5p to 2264p.



















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.

























































