News and information on Shell PLC
One of the standout features of the pay of boardroom bosses for 2011 is the number who seem to be at or near the £10m mark for their take-home packages.
For example, Peter Voser, the boss of Shell, got just over £10m while Marjorie Scardino, the chief executive of Pearson, received £9.6m.
Whatever the measure, some question whether a CEO deserves the credit for the outcomes for which he or she is rewarded. Peter Voser, CEO of Royal Dutch Shell, Europe's largest company by market capitalization, enjoyed a doubling in his pay in 2011 to 11.7 million euros, largely thanks to a three-year bonus scheme linked to cashflow.
However, the rise in cashflow was tied to three giant projects sanctioned by Voser's predecessor, Jeroen van der Veer - who famously declared that he would not have performed any better or worse had he been paid more or less - and devised by van der Veer's predecessor, Phil Watts.
The CEO of the Royal Dutch Shell oil company Peter Voser earned more than $16.3 million last year amid surging oil prices, though the company was responsible for more than 200 spills last year.
16 March 2012
The CEO of the Royal Dutch Shell oil company Peter Voser earned more than $16.3 million last year amid surging oil prices, though the company was responsible for more than 200 spills last year.
His remuneration includes $7.11 million salary, bonus as well as a balance from the long-terms incentive scheme. The company revealed Vosers pay in its annual report saying, though the payment has doubled compared to 2010. It was justified by Shell’s strong operating results and share-price performance in 2011.
By Rob Davies
PUBLISHED: 22:18, 15 March 2012 | UPDATED: 22:18, 15 March 2012
Shells top brass doubled their money in 2011 as the firms performance triggered generous share awards under an incentive scheme that has since been scrapped.
Nineteen senior staff shared £54.5m compared to £26.9m last year, while they also picked up pension benefits worth a further £5.9m.
Chief executive Peter Voser pocketed a pay, bonus and shares package worth £10.12m, while director Malcolm Brinded earned £9.88m and finance director Simon Henry had to make do with £3.25m.
By Sylvia Pfeifer March 15, 2012 6:00 pm
Peter Voser, chief executive of Royal Dutch Shell, Europes largest oil and gas company by market capitalisation, took home 11.7m last year, more than double his pay in the previous 12 months…
Shell also disclosed that Malcolm Brinded, who will step down as head of exploration and production in April, will receive a severance payment of 2.52m.
Copyright The Financial Times Limited 2012.
Royal Dutch Shell Plc (RDSA) Chief Executive Officer Peter Vosers compensation more than doubled to 11.7 million euros ($15.3 million) in 2011 from the previous year after long-term incentive bonuses and awards were vested.
Vosers total compensation included 6.5 million euros in awards that form part of Shells long-term incentive awards and deferred bonus plan, it said in an annual report today. Voser, who got 5.5 million euros in total compensation in 2010, had a base salary of 1.55 million euros and a bonus of 3.5 million euros in 2011. The base salary will increase by 3.2 percent to 1.6 million euros this year, the report said.
By Jonathan Russell, Assistant City Editor: 11:44AM GMT 15 Mar 2012
The company put the jump down to the high performance gearing in its remuneration package. Total pay jumped from $42.3m to $85.7m. On top of this senior management and directors saw their combined pension pots swell by $9.2m. According to the annual report the cash was shared between 19 individuals.
The companys three top directors, chief executive Peter Voser, executive director Malcolm Brinded and finance director Simon Henry took home a combined $9.5m, slightly less than the previous year.
??By Sarah Arnott
Wednesday, 16 March 2011
Peter Voser, the chief executive of Shell, saw his earnings rocket by 62 per cent to $7.3m (£4.5m) last year.
The increase reflected his first full year in the top job, but the majority of it came from bonus payments after the oil giant beat its targets for cash flow, project delivery and gas production and safety, Shell’s annual report said.
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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: 
MORE DETAILS:
MORE DETAILS: After a solicitor acting for Shell threatened to make the litigation "drawn out and difficult" with the intention of draining the resources of a financially weaker opponent, my late father (Alfred Donovan) and I decided to mount a wide-ranging campaign as a counter-measure. We jointly founded the Shell Corporate Conscience Pressure Group, which nearly 15% of Shell UK retailers joined. We regularly conducted ethical surveys involving up to 1500 Shell petrol stations. All responses were opened and authenticated by an independent solicitor who supplied Affidavits confirming the results. In whole page announcements in trade magazines (examples above) we challenged Shell to commission and publish the resuits of independent research asking the same questions and offering respondents GUARANTEED anonymity. Shell never took up the invitation. Instead it asked the UK Advertising Standards Authority to investigate our Shell surveys. No problems were found. The head-cut image of Alfred Donovan appears courtesy of The Wall Street Journal. 
See our link list of over 500 articles by the FT, Wall Street Journal, Reuters, Bloomberg, Forbes, Dow Jones Newswires, New York Times, CNBC etc, plus UK House of Commons Select Committee Hansard records, information on U.S. Securities & Exchange Commission website etc. all containing references to our Shell focussed websites, or our website founders Alfred and John Donovan. Includes TV documentary features in English and German, newspaper and magazine articles, radio interviews, newsletters etc. Plus academic papers, Stratfor intelligence reports and UK, U.S. and Australian state/parliamentary publications, also citing our Shell websites. Click on this link to see the entire list, all in date order with a link to an index of over 100 books also containing references to our websites and/or our activities.
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
