An announcement from Shell ( (SHEL) ) is now available.
On March 4, 2025, Shell announced significant changes to its Executive Committee as part of its ongoing transformation strategy aimed at delivering more value with fewer emissions. The restructuring includes delayering senior leadership to focus on three primary business areas: Integrated Gas, Upstream, and Downstream, Renewables, and Energy Solutions, while elevating Trading and Supply. Zoë Yujnovich, the Integrated Gas and Upstream Director, will step down on March 31, 2025, and will be succeeded by Cederic Cremers and Peter Costello, who will join the Executive Committee as Presidents of Integrated Gas and Upstream, respectively. These changes are intended to simplify Shell’s business operations and bring technical capabilities closer to value generation, positioning the company strongly for the future.
More about Shell
Shell plc is a global energy company based in London, England, operating in the oil and gas industry. Its primary products and services include integrated gas, upstream, downstream, renewables, and energy solutions, with a focus on delivering value while reducing emissions.
YTD Price Performance: 8.84%
Average Trading Volume: 3,989,501
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $200.2B
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