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Shell CEO to Leave at Year-End, Replaced by Gas Chief Sawan

  • Van Beurden’s legacy dominated by major takeover, dividend cut
  • His successor will lead the transition to lower-carbon energy
Ben van Beurden
Ben van BeurdenPhotographer: Chris Ratcliffe/Bloomberg
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Shell Plc Chief Executive Officer Ben van Beurden will step down at the end of this year after almost 40 years at the company, to be replaced by the firm’s head of gas and renewables, Wael Sawan. 

Van Beurden, 64, has steered the company through some of its most turbulent times. The first big move of his tenure as CEO, which began in 2014, was the takeover of rival BG Group Plc, a deal valued at close to $50 billion that tested the company’s finances during an oil price slump, but is now paying off as natural gas prices soar.