Shell’s Former CEO Was Paid £9.7 Million Amid Record Profits
- Shell’s former CEO Ben van Beurden pay jumped last year
- Profits hit a record $40 billion in 2022 amid energy crisis
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Shell Plc’s outgoing Chief Executive Officer Ben van Beurden was paid £9.7 million last year, a jump of 53%, as the company made record profits from soaring fossil fuel prices.
The payout was the last for van Beurden, who has handed the reins to Wael Sawan. The new CEO will have a base salary of £1.4 million this year and target bonus of 125% of that, according to Shell’s annual report.