Shell CEO pay up 50% as soaring energy prices boosted profit

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Shell CEO pay up 50% as soaring energy prices boosted profit
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The pay package for Shell's CEO jumped by half last year to nearly $12 million, the fossil fuel giant said Thursday, as oil and gas companies made record profits from skyrocketing energy costs that have driven a cost-of-living crisis.

FILE - CEO of Royal Dutch Shell Ben van Beurden speaks at a meeting with Russian President Vladimir Putin in Moscow, Russia, Wednesday, June 21, 2017. Shell paid outgoing Chief Executive Ben van Beurden a total of 9.7 million pounds in 2022 as the London-based fossil fuel company's profits doubled to a record high of $40 billion in 2022 on soaring oil and gas prices.

London-based Shell paid Ben van Beurden a total of 9.7 million pounds in 2022 as annual company profits

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