<
https://www.theguardian.com/business/2023/mar/09/shell-chief-ben-van-beurden-pay-2022>
"The recently departed chief executive of Shell’s pay jumped more than 50% to
nearly £10m in 2022, including a bonus labelled “jaw-dropping” by campaigners.
The total pay package of Ben van Beurden, who stood down at the end of last
year, rose from £6.3m in 2021 to £9.7m in 2022. His bonus rose from £2.2m in
2021 to £2.6m in 2022.
Last month, Shell posted record profits of $40bn (£33.6bn) for 2022, fuelled by
a surge in wholesale gas prices linked to the war in Ukraine. The profits led
to calls for a windfall tax on North Sea oil and gas companies to be toughened.
Van Beurden’s payout is likely to anger campaigners calling for executive pay
to be curbed against the backdrop of the cost of living crisis.
Alice Harrison, the fossil fuels campaign leader at Global Witness, said: “It’s
shocking but not surprising that one of the world’s richest oil and gas giants
can hand its CEO a jaw-dropping bonus while hardworking people – nurses,
paramedics, teachers – must strike to get fair pay."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
