Shell Plc Wael Sawan to be next CEO

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Shell Plc Wael Sawan to be next CEO
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Shell CEO Ben van Beurden to step down, replaced by Wael Sawan

Shell PLC said Thursday that it has appointed Wael Sawan as its next chief executive, effective Jan. 1.

The energy group SHEL, +0.58% SHEL, +1.96% said that Mr. Sawan will replace Ben van Beurden, who will continue working as adviser to the board until June 30, after which he will leave the company.

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