web analytics

For Shell’s Priorities, Follow the Money

Shell new chief has money to spend and the backing to move quickly. It is, as yet, unclear if the oil and gas giant’s incoming leader will try to chart a different course from his predecessor.

The oil and gas giant announced on Thursday that Wael Sawan will become chief executive at the start of next year. A chemical engineer with a Harvard M.B.A., the 25-year Shell veteran has experience across the group’s product areas and around the globe and currently heads up its catch all new-energy division, called integrated gas, renewables and energy solutions.