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Debt Reduction, Cost Discipline Core Challenges for new Shell CFO

By SARAH KENT: Dec 15, 2016 8:33 am ET

Royal Dutch Shell PLC’s new finance chief has two big challenges: a mountain of debt and the pressure to keep down costs.

The British-Dutch oil giant on Thursday said its new chief financial officer will be Jessica Uhl, who is currently the top finance official for one of Shell’s most important units: Integrated Gas.

The BG merger bolstered Shell’s leading position in global natural-gas markets and led to the creation of the gas unit where Ms. Uhl worked. It also caused Shell’s net debt to balloon to $86.63 billion at the end of the third quarter…

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