By EMILY DAVIES FOR THE DAILY MAIL: 11 March 2016
Shell’s boss has taken an 8 per cent pay cut after a year in which the firm was hit by plummeting oil prices and cut 10,000 jobs.
Chief executive Ben van Beurden’s salary fell from £4.4m in 2014 to £4.02m in 2015.
His total pay and benefits for the past year was £4.3m, a whopping fall from £18.7m in 2014 – though this huge pay packet was largely due to a one-off contribution to his pension following promotion to the top job.
Van Beurden’s pay is in sharp contrast to BP boss Bob Dudley who saw his 2015 pay rise almost a fifth to £13.8m – despite overseeing the company’s worst ever results with losses of £3.6bn.
The oil industry has been hit hard by a sharp drop in the oil price, though since the start of this year prices have seen a modest recovery and now stand at around $40 per barrel.
Shell’s profits have fallen 80pc in the past year to £2.6bn, but the company still went ahead with a £36bn takeover of BG Group in February.
Shell warned yesterday that tougher times could lie ahead, and said if oil prices stay low it could make a loss and be forced to delay or cancel projects.
A Shell spokesman said: ‘Shell’s executive compensation reflects delivery of our strategy, measured by both short-term and long-term targets.
‘There is a clear alignment between the company’s performance and our compensation policies.’
Shell’s shares fell 3 per cent yesterday to 1641p.
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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.
