Royal Dutch Shell Group .com Rotating Header Image

Posts on ‘October 30th, 2014’

American as Chairman Good Politics for Shell

Screen Shot 2014-10-30 at 11.28.57From a Regular Contributor

I see Shell got an American as its new chairman.

(Chad Holliday right).

Not certain that is good news for the shareholders, although it is clearly good politics.

Shell needs extensions to its leases in the Arctic and with an American arguing the issue they might succeed.

If he saves Shell’s $6 billion investment he will have earned his salary.

Shell also knows there is a bunch of oil and gas in those structures they want to drill. And so the rumors of a Shell/BP merger are not to be dismissed. A merger would give Shell BP’s interest in Alaska, unless the USG objected. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

American, Chad Holliday, replacing Jorma Ollila as Shell Chairman

Screen Shot 2014-10-30 at 09.22.43By John Donovan

Chad Holliday, the former chairman of Bank of America, is replacing the Finn Jorma Ollila as chairman of Royal Dutch Shell Plc.

Before his four year stint as chairman at Bank of America, Holliday was chairman and chief executive of Dupont.

Commenting, Mr Ollila said, ‘I am delighted that the Board has appointed Chad Holliday to succeed me as Chairman. He has a distinguished track record as an international businessman and I am sure he is the right person to chair the Board going forward after the 2015 AGM.’ read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.
%d bloggers like this: