Ben van Beurden has served as CEO since 2014. He will be succeeded by Wael Sawan, who...
TOLGA AKMEN, Contributor / AFP via Getty ImagesThe current CEO will step down and the head of integrated gas and renewables will fill the role starting in the new year, Shell said Thursday.
Ben van Beurden has served as CEO since 2014. He will be succeeded by Wael Sawan, who currently serves as the director of integrated gas, renewables and energy solutions at the company. Shell and other European-based oil companies have been quicker to embrace the“I’m looking forward to channelling the pioneering spirit and passion of our incredible people to rise to the immense challenges, and grasp the opportunities presented by the energy transition,” Sawan said in a statement.
Shell has publicly stated it aims to reduce absolute emissions 50 percent by 2030 compared with 2016 numbers. The company also has said it plans to gradually reduce oil production 1-2 percent annually over the next eight years.
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