23 May 2012 Shell became the latest company to receive a bloody nose yesterday, as more than a tenth of the oil giant’s investors failed to approve the pay awards of its top-level executives. Despite Shell reporting a 54 per cent jump in profits last year, just over 9 per cent of investors voted against [...]
Posts Tagged ‘Malcolm Brinded’
Shell shareholders latest to warn on executive pay
May 22, 2012 By Alexis Flynn (Updates with details, context, background throughout.) LONDON (MarketWatch) — Royal Dutch Shell PLC (RDSA, RDSB.LN) shareholders showed their ire over high executive pay with 9% of investors rejecting the company’s remuneration report at Shell’s annual general meeting Tuesday. While the overwhelming majority of Shell shareholders backed paying Chief Executive [...]
Cash flows and oil spills for Shells directors
The CEO of the Royal Dutch Shell oil company Peter Voser earned more than $16.3 million last year amid surging oil prices, though the company was responsible for more than 200 spills last year. 16 March 2012 The CEO of the Royal Dutch Shell oil company Peter Voser earned more than $16.3 million last year [...]
Shell bosses cash in with shares plan sharing £54.5m between 19 senior staff
By Rob Davies PUBLISHED: 22:18, 15 March 2012 | UPDATED: 22:18, 15 March 2012 Shells top brass doubled their money in 2011 as the firms performance triggered generous share awards under an incentive scheme that has since been scrapped. Nineteen senior staff shared £54.5m compared to £26.9m last year, while they also picked up pension [...]
Shell’s Labor Costs Rose In 2011 Despite Fewer Workers
Published March 15, 2012: Dow Jones Newswires LONDON The cost of Royal Dutch Shell PLC’s global work force rose 2.8% last year, even though the Anglo-Dutch company reduced its overall number of employees by some 7.2% as the company continues to roll out a long-term plan to shrink headcount. In recent years, Shell has [...]
Pay of Shell chief more than doubles
FINANCIAL TIMES By Sylvia Pfeifer March 15, 2012 6:00 pm Peter Voser, chief executive of Royal Dutch Shell, Europes largest oil and gas company by market capitalisation, took home 11.7m last year, more than double his pay in the previous 12 months… Shell also disclosed that Malcolm Brinded, who will step down as head of [...]
Shell admits 207 oil spills in 2011
Anglo-Dutch group is still investigating a further four spills in Nigeria that it admits may raise the 2011 total Terry Macalister guardian.co.uk, Thursday 15 March 2012 14.17 GMT Shell has revealed that its global oil spill record got worse over the last year with 207 sizeable incidents in 2011. The revelations in the company’s annual [...]
Shell CEO Vosers Compensation More Than Doubles on Awards
By Fred Pals on March 15, 2012 Royal Dutch Shell Plc (RDSA) Chief Executive Officer Peter Vosers compensation more than doubled to 11.7 million euros ($15.3 million) in 2011 from the previous year after long-term incentive bonuses and awards were vested. Vosers total compensation included 6.5 million euros in awards that form part of Shells [...]
Shell management see pay double to $86m
Directors and senior management at Anglo/Dutch oil giant Royal Dutch Shell saw their total pay ore than double in 2011 to $85.7m (£54.7m). By Jonathan Russell, Assistant City Editor: 11:44AM GMT 15 Mar 2012 The company put the jump down to the high performance gearing in its remuneration package. Total pay jumped from $42.3m to [...]
Shell chiefs pay soars to £10m ($15.6 million)
Russell Lynch 15 March 2012 Royal Dutch Shell chief executive Peter Voser saw his total pay packet more than double in 2011, a year when shareholders in the oil super-major had to make do with flat dividend payouts. The blue-chips annual report showed Vosers total compensation last year hit 11.6 million (£10.1 million), boosted by [...]
Royal Dutch Shell CIO Alan Matula criticized by insiders
With Brinded now gone, might CIO Alan Matula now come under scrutiny? The parallels are there: years of over-promise/under-delivery, aggressive suppression of bad news, and the intimidation of critics through behaviour bordering on the psychopathic. Posting on Shell Blog by it4us 2012/03/05 at 8:37 am With Brinded now gone, might CIO Alan Matula now come [...]
The reality is Shell cant build a refinery anywhere
The article re Brinded and Nigeria on why Shell cant build a refinery in Nigeria is comical… the reality is Shell cant build a refinery anywhere… Posting on our Shell Blog by a Shell/Motiva insider “Golden Triangle Watchman” on Mar 3rd, 2012 at 2:14 pm The article re Brinded and Nigeria on why Shell cant [...]
Brinded’s farewell tour
1 March 2012 Mr Malcolm Brinded, the outgoing Executive Director of Shell Petroleum Development Company (SPDC), says the company cannot build a refinery in Nigeria because there are surplus refineries across the world. Brinded, who is in-charge of the Upstream International unit of the company, made the statement in an interview with the State House [...]
A brush with Brinded
“I confirm that in my experience Shell UK operates oppressively against small business people. Its staff has acted unscrupulously and possibly illegally. The tactics of Shell UK management is completely opposite to the honesty and integrity promised by Shell in its code of ethics.” By John Donovan At the 1999 Shell AGM in London, Malcolm [...]


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