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Former Shell U.S. President John Hofmeister dies at 73

REUTERS

Former Shell U.S. President John Hofmeister dies at 73

: June 7, 2021
Former Shell Oil President John Hofmeister, who led the oil major’s U.S. efforts to help restore investor confidence after an accounting scandal nearly two decades ago and later set up an energy advocacy group, has died.

Hofmeister was named president of the U.S. arm of Royal Dutch Shell (RDSa.L) in 2005 shortly after a reserves accounting scandal hit its parent. The scandal led to several restatements and cost $350 million to settle investor lawsuits.

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