World’s Top Oil Trader Retiring From Shell
- Stacie Pitts becomes the most influential woman in oil trading
- Alice Acuna has also been promoted to head of LNG trading unit
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Royal Dutch Shell Plc is shaking up its mighty in-house trading unit, with the retirement of Mark Quartermain as head of crude -- a job widely seen as the most powerful in the global oil-trading industry.
The Anglo-Dutch oil major used the reshuffle to promote at least three women to top positions in trading, a rarity for an industry still dominated by men.