Royal Dutch Shell CEO to Retire Next Year

Before you go, we thought you'd like these...
Before you go close icon

After nearly four years as CEO of Royal Dutch Shell , Peter Voser will retire in the first half of next year, the company announced today.

Voser has been an executive director at Shell since 2004, and retained that title after being named CEO in July 2009. Shell Chairman Jorma Ollila was quoted in the company press release as saying, "Peter's leadership of Shell over the last 4 years has been impressive, reorganizing the company, delivering growth, and developing a clear forward strategy with a strong portfolio of new options. I have enjoyed working with Peter, in a period of great change and progress for Shell, and I wish him well for the future."

Voser first joined the Royal Dutch/Shell group of companies in 1982.


Shell intends to conduct a "structured and comprehensive review of internal and external candidates" in its search for Voser's successor, the company said.

link

The article Royal Dutch Shell CEO to Retire Next Year originally appeared on Fool.com.

Fool contributor Tim Brugger has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners