Goldman Sachs board nominates Royal Dutch Shell CFO for director role
By Elizabeth Dilts Marshall:
NEW YORK, March 15 (Reuters) – Goldman Sachs Group Inc’s board of directors on Monday nominated the chief financial officer of Royal Dutch Shell plc to become its newest member.
If her appointment is approved by shareholders, Jessica Uhl will be the fifth woman director on Goldman’s board and its only member to come from the fossil fuel industry.
The bank has backed away from fossil fuel development in recent years.
In 2019, it said it would no longer finance certain drilling and coal activities and set a target of making $750 billion in loans, underwriting, advisory services and investments in projects that fight climate change or help financially disadvantaged people. https://reut.rs/3rPMp01
Shell, where Uhl has worked since 2004, recently vowed to eliminate net carbon emissions by 2050, as it prepares to expand its renewables and low-carbon business in the face of growing investor pressure on the oil and gas sector to battle climate change. https://reut.rs/3eArcn0
Goldman’s asset management arm has pushed companies in its investment portfolio to include at least one woman director since 2019, and its investment bank has required companies that it takes public have at least one diverse board member since 2020. https://reut.rs/3lk6itq https://reut.rs/3rPDkEt
The group, which will hold its annual shareholder meeting April 29, is expected to face its own investor scrutiny on adherence to environmental, social and governance goals, and headlines about its chief executive’s personal travel and social activities during the quarantine.
“We are pleased to have a candidate of Jessica’s caliber who will enhance the diversity of skills and experience represented on our board,” Goldman CEO David Solomon said in a statement.
“We believe she is well-positioned to provide advice and insight across a broad spectrum of topics, from strategic development to the management of climate risk.”
(Reporting by Elizabeth Dilts Marshall; Editing by Jan Harvey)
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.
