Posts under ‘Chad Holliday’

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Society takes over control at Shell. What now?

Ben van Beurden was pushed out of Shell’s drivers seat on Wednesday by the judge, who was loudly encouraged by Friends of the Earth Netherlands.

Even within the bastion of the Shell head office on Carel van Bylandtlaan in The Hague, there is dissatisfaction with the own organization. Outgoing chairman of the board Charles Holliday told the last shareholders’ meeting that an employee told him in 2015 that his 13-year-old daughter at school doesn’t tell anyone where her father works. “She’s ashamed of what I do,” the employee told Holliday. It’s the kind of shame that change takes. read more

THE WALL STREET JOURNAL

Oil Majors Look to Fill Businesses’ Growing Appetite for Green Power

By Sarah McFarlane: May 24, 2021 7:00 am ET

Businesses are buying more renewable power, and oil majors want a piece of the action.

European oil companies including BP PLC and Royal Dutch Shell PLC are building new wind and solar projects and striking deals to supply electricity to big corporate buyers like Amazon.com Inc. and Microsoft Corp., treading into the domain of traditional power companies.

Oil companies say securing long-term deals to supply electricity will provide a new source of income and underpin their expansion into wind and solar power as they seek to reduce their dependence on fossil fuels and prepare for a lower-carbon economy. read more

Andrew Mackenzie named new Shell chairman

Amanda Jordan: March 11, 2021

Royal Dutch Shell announced the appointment of Andrew Mackenzie as chairman with effect from the conclusion of the annual general meeting on May 18.

Mr Mackenzie will succeed Chad Holliday, who will step down the same day having served as chairman for six years, Shell said Thursday in a statement.

Mr Mackenzie, a British national, joined Shell’s board in October after a career in the energy, petrochemicals and resources sector, latterly as chief executive officer of mining giant BHP from 2013 to 2019. read more

Shell Names Mackenzie as New Chairman, Proposes 50% Female Board

(Bloomberg) — Royal Dutch Shell Plc appointed former BHP Group executive Andrew Mackenzie as chairman, and said its board would have as many women as men on it for the first time.

Mackenzie, who oversaw BHP’s retreat from shale, takes over from Chad Holliday, whose departure had been flagged since last year. It also appointed cyber expert Jane Lute, a move that will take its board to gender parity, the company said.

“Andrew brings to Shell his experience of leadership, his global outlook, and a deep understanding of the energy business and climate action,” the company said in the statement. read more

Shell CEO takes pay cut in 2020 for the second straight year

By Reuters Staff: MARCH 11, 2021: 8.30 am

March 11 (Reuters) – Royal Dutch Shell’s Chief Executive Ben van Beurden pay package nearly halved in 2020, a year in which the oil major’s profit tumbled because of low oil prices and the COVID-19 pandemic.

Van Beurden, who became CEO in 2014, oversaw sharp growth in Shell’s oil and gas output following the 2016 acquisition of BG Group for $53 billion.

But an unprecedented hit to the energy sector last year, knocked oil prices into negative territory for the first time in history, and forced major players to cut dividend payouts and management pay to weather the storm. read more

APPOINTMENT OF NEW CHAIR AND OTHER BOARD AND COMMITTEE CHANGES AT ROYAL DUTCH SHELL PLC

March 11, 2021 02:04 ET | Source: Shell International B.V.

APPOINTMENT OF NEW CHAIR AND OTHER BOARD AND COMMITTEE CHANGES

CHAIR ANNOUNCEMENT

The Board of Directors of Royal Dutch Shell plc (the “Company”) has announced the appointment of Sir Andrew Mackenzie as the new Company Chair with effect from the conclusion of Shell’s 2021 Annual General Meeting, scheduled for May 18, 2021. Andrew will succeed Chad Holliday who will step down on May 18 having served as Chair for six years and as a Board Director since September 2010. read more

GlobeNewswire

ROYAL DUTCH SHELL PLC THIRD QUARTER 2020 PRESS RELEASE

October 29, 2020 03:01 ET | Source: Shell International B.V.

The Hague, October 29, 2020 – Shell today announced a cash allocation framework that will enable it to reduce debt, increase distributions to shareholders, and allow for disciplined growth as it reshapes its business for the future of energy. Ongoing work to reshape Shell’s portfolio is expected to deliver continued cash generation to grow its low-carbon businesses as well as to increase shareholder distributions, making a compelling investment case. read more

Shell mulls former BHP chief as new chairman

Harry Banks: Sunday 25 October 2020

Former BHP Billiton boss Sir Andrew Mackenzie is in pole position to become the next chairman of Shell, reports emerged today.

Mackenzie joined the Shell board this month as a non-executive director but is expected to move into the chair soon to be vacated by Charles Holliday.

The Sunday Telegraph first reported the news.

The oil giant was forced into its first dividend cut in more than 70 years earlier this year thanks to the oil price crash and the coronavirus pandemic. read more

“If you don’t understand where a company is going and they no longer pay a [large] dividend as before, why would you still own the share,”…

English translation of an article published today by the Dutch Financial Daily newspaper, the FD

Large shareholders put pressure on Shell after dividend cut

Shell CEO Ben van Beurden about the dividend cut: ‘No chairman wants this on his track record, but it is wise to do it.’ Photo: Chris Ratcliffe / Bloomberg

From our editor: 8 JUNE 2020 read more

Ron Bousso, Shadia Nasralla: APRIL 30, 2020

LONDON (Reuters) – Royal Dutch Shell RDSa. cut its dividend for the first time since World War Two on Thursday as the energy company retrenched in the face of an unprecedented drop in oil demand due to the coronavirus pandemic.

Shell also suspended the next tranche of its share buyback programme and said it was reducing oil and gas output by nearly a quarter after its net profit almost halved in the first three months of 2020.

Shell’s shares in London dropped 6.7% in early trading on Thursday, underperforming rival BP (BP.L).

“Given the risk of a prolonged period of economic uncertainty, weaker commodity prices, higher volatility and uncertain demand outlook, the Board believes that maintaining the current level of shareholder distributions is not prudent,” Shell Chairman Chad Holliday said. read more

The people who some would say have sold their souls to a toxic oil company with an evil history. Back Row: Catherine J. Hughes, Sir Nigel Sheinwald GCMG, Euleen Goh, Gerrit Zalm, Linda G. Stuntz, Roberto Setubal, Ann Godbehere. Front Row: Jessica Uhl (CFO), Ben van Beurden (CEO), Charles O. Holliday (Chair), Tjalling Wiersma, and Gerard Kleisterlee

HOW TO GRAB MAXIMUM ATTENTION AT MINIMUM COST TO VENTILATE YOUR GRIPE OR CAMPAIGN AGAINST SHELL, WHETHER ON THE GROUNDS OF OPL 245 CORRUPTION, PLUNDER, POLLUTION, ANIMAL EXPERIMENTS, PERSONAL INJURY, OR ALLEGED COMPLICITY IN THE MURDER OF THE OGONI 9.

BECOME A SHELL INVESTOR AND GENERATE AWARENESS AT AN INVESTMENT COST OF JUST OVER £30. THAT MODEST INVESTMENT WILL ALLOW YOU TO RAISE A RUCKUS AGAINST ROYAL DUTCH SHELL PLC AT ITS AGM IN FRONT OF THE ASSEMBLED SHELL BOARD, SHELL SHAREHOLDERS AND THE NEWS MEDIA.

The information in italics comes from a Daily Mail article published on 12 August 2019.

You can buy shares through an AJ Bell Youinvest account online for £9.95, for example, with ongoing fees of up to £7.50 a quarter.

You need to purchase only one share in the company you want to target. A share in Shell currently costs £23.98…

Once you are a shareholder, you should be sent the firm’s annual report and other information for investors, which can also be found on its website.

You will also have the right to attend annual general meetings (AGMs) and vote on company policies. read more

LONDON, July 9 (Reuters) – London-based asset manager Sarasin & Partners has sold nearly 20% of its holdings in Royal Dutch Shell, saying the oil and gas company’s spending plans are out of synch with international targets to battle climate change.

The 33.8 million pounds ($42.1 million) sale represents a fraction of Shell’s $261 billion market value.

But it is a rebuke of Shell’s strategy less than a year after the Anglo-Dutch company, together with a large group of investors including Sarasin known as Climate Action 100+, agreed on a landmark resolution outlining Shell’s ambition to reduce carbon emissions. read more

EMAIL COMMENT RECEIVED FROM BILL CAMPBELL FOLLOWING PUBLICATION OF THE ARTICLE Royal Dutch Shell lied to thousands of its employees over offshore death

From: William Campbell
Subject: Re: Brent Bravo
Date: 17 January 2019 at 12:29:50 GMT
To: John Donovan <john@shellnews.net>

John, thanks

I hope that this indisputable evidence from a governmental report will quell the abusive comments etc made about you on the website, just poison etc.

I am absolutely sure that Holliday fully understands the rottenness of the organisation he joined but is trapped like Ollila and Brandjes were trapped by the corruption disease emanating from MB. Corruption is like the Spanish Flu, it effects everyone it comes into contact with.

The significance of the HSE report cannot be overstated, the chronology is also important, this opinion of the HSE was reached on 18 November 2004 a year before the FAI and purposefully withheld from the FAI, this can no longer be disputed by anyone.

Bill

EXTRACT FROM A COMMENT RECEIVED FROM A SHELL RELATED SOURCE

I like your english understatement. ‘Shell not happy’. ??

Some people would love to have you killed but there is nothing they can do. They must be so frustrated.  Could not have happened to nicer people.

And I admire Bill, he is like a pitbull that does not let go. read more

Despite his sleazy record, Malcolm Brinded (above) remains President of the Energy Institute

… a Secretary for State for Scotland intervened in the Regulatory process to help out her lover Malcolm Brinded and this action allowed Shell to maintain in office a mentally unbalanced Asset Manager… …the infamous Touch F-All Policy was halted by the intervention of a government Minister namely Helen Liddell…

Printed below are self-explanatory emails recently sent by Bill Campbell, retired global safety guru for Royal Dutch Shell Plc. See related article Malcolm Brinded’s responsibility for Brent Bravo deaths for more information.

First, an Email sent to the Chairman of Royal Dutch Shell Plc

From: Bill Campbell
Date: 14 December 2018 at 10:34:14 WET
To: chad.holliday@shell.com, Chris.Flint@hse.gov.uk
Cc: John Donovan <john@shellnews.net>, dc.richmond@
Subject: Trade Unions

Chairman
First of a number of submissions- the contents are explained.

Please comment by Monday, if not will state that you and OSDR have been given this info and have raised no moral or legal objections because the info provided is fundamentally accurate. read more

Despite his sleazy record, Malcolm Brinded (above) remains President of the Energy Institute

By John Donovan

The Shell cover-up surrounding the deaths of two workers on the Shell Brent Bravo North Sea platform is coming under active scrutiny again as a result of an initiative by retired Shell *safety guru Bill Campbell. Bill is acting on behalf of the family of one of the deceased platform workers, Keith Moncrieff.

For over a decade, the truly extraordinary story about what happened was withheld from the families of the deceased and from investigating authorities by Shell and those parties over whom Shell had influence. read more

Malcolm Brinded, standing trial for Corruption in Italy over Nigerian OPL 245 oil deal, a key figure in many Shell scandals, including the tragic deaths on Brent Bravo.

EMAIL TO ALL MP’s: ON 1st OCT, ROYAL DUTCH SHELL CEO BEN VAN BEURDEN HAD ADVANCE SIGHT OF THE TOXIC FACTS SET OUT HEREIN. NO LEGAL ACTION HAS BEEN TAKEN TO STOP YOU SEEING THIS. 

Although I am not one of your constituents, I hope you agree that the safety of UK offshore workers is a matter of importance to ALL MP’s. Some unfortunate Royal Dutch Shell workers have already lost their lives. More lives are at stake. Please at least glance through the information below, which includes my name and address. 

SHELL NORTH SEA PLATFORM WORKER DEATHS DESERVING A FULLY INFORMED PUBLIC INQUIRY

Just how bad does has a company have to be before the Church of England withdraws investment on ethical grounds?

You may have seen the email I recently sent to over around 1,000 parliamentarians, including senior clergy and the former Scottish Energy Minister Baroness Liddell, who, as you will see, has a Shell connection. The email was about the Archbishop of Canterbury Justin Welby and the Church of England’s significant investment in Royal Dutch Shell Plc.

Many thanks for all the responses received.

I would like to bring to your attention just one of the many scandals rattling around in Shell’s corporate cupboard. read more