Shell names 30-year veteran Ben van Beurden as boss in surprise move

 

Shares in Shell jumped today as the oil giant announced that company veteran Ben van Beurden would succeed Peter Voser at the helm.

Van Beurden, who has been with the oil and gas group for 30 years and is currently its head of refining and marketing, had not been seen as a front-runner for the job. His appointment came as a surprise to the City, which had been focusing its attention on Marvin Odum, Shell’s head of exploration and production in the Americas, and Andy Brown, who runs most of the rest of exploration and production. However, the move was tentatively welcomed as it ends the uncertainty after the surprise resignation of Voser in May to pursue “a lifestyle change” following 29 years at Shell.

The shares rose 20.50p, or 1.1 per cent, to 2,149.50p.

Shell chairman Jorma Ollila said: “Ben has a deep knowledge of the industry and proven executive experience across a range of Shell businesses. He will continue to drive and further develop the strategic agenda that we have set out, to generate competitive returns for our shareholders.”

Van Beurden was given the job “after a comprehensive assessment and review of internal and external candidates,” he added.

Van Beurden joined Shell in 1983 and has held a variety of roles in the company, in both the upstream — exploration and production — and downstream, refining and marketing, parts of the group. He has worked in the Netherlands, Africa, Malaysia, the US and, most recently, the UK.

A Dutch national, 55-year-old Van Beurden is married with four children.

He will take up the reins at the beginning of next year, although Voser will not leave the group until the end of March.

Suggested Topics
Start your day with The Independent, sign up for daily news emails
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs Money & Business

Recruitment Genius: Sales Assistant / Buyer

£15000 - £17000 per annum: Recruitment Genius: This company offers a range of ...

Recruitment Genius: Customer Service Advisor

£15000 - £16000 per annum: Recruitment Genius: Customer Service Advisors are r...

SThree: Trainee Recruitment Consultant

£20000 - £25000 per annum + OTE £45K: SThree: SThree were established in 1986....

Recruitment Genius: Compliance Manager

£40000 - £60000 per annum: Recruitment Genius: A Compliance Manager is require...

Day In a Page

Greece says 'No': A night of huge celebrations in Athens as voters decisively back Tsipras and his anti-austerity stance in historic referendum

Greece referendum

Greeks say 'No' to austerity and plunge Europe into crisis
Ten years after the 7/7 terror attacks, is Britain an altered state?

7/7 bombings anniversary

Ten years after the terror attacks, is Britain an altered state?
Beautiful evening dresses are some of the loveliest Donatella has created

Versace haute couture review

Beautiful evening dresses are some of the loveliest Donatella has ever created
No hope and no jobs, so Gaza's young risk their lives, climb the fence and run for it

No hope and no jobs in Gaza

So the young risk their lives and run for it
Fashion apps: Retailers roll together shopping and social networking for mobile customers

Fashion apps

Retailers roll together shopping and social networking for mobile customers
The Greek referendum exposes a gaping hole at the heart of the European Union – its distinct lack of any genuine popular legitimacy

Gaping hole at the heart of the European Union

Treatment of Greece has shown up a lack of genuine legitimacy
Number of young homeless in Britain 'more than three times the official figures'

'Everything changed when I went to the hostel'

Number of young homeless people in Britain is 'more than three times the official figures'
Compton Cricket Club

Compton Cricket Club

Portraits of LA cricketers from notorious suburb to be displayed in London
London now the global money-laundering centre for the drug trade, says crime expert

Wlecome to London, drug money-laundering centre for the world

'Mexico is its heart and London is its head'
The Buddhist temple minutes from Centre Court that helps a winner keep on winning

The Buddhist temple minutes from Centre Court

It helps a winner keep on winning
Is this the future of flying: battery-powered planes made of plastic, and without flight decks?

Is this the future of flying?

Battery-powered planes made of plastic, and without flight decks
Isis are barbarians – but the Caliphate is a dream at the heart of all Muslim traditions

Isis are barbarians

but the Caliphate is an ancient Muslim ideal
The Brink's-Mat curse strikes again: three tons of stolen gold that brought only grief

Curse of Brink's Mat strikes again

Death of John 'Goldfinger' Palmer the latest killing related to 1983 heist
Greece debt crisis: 'The ministers talk to us about miracles' – why Greeks are cynical ahead of the bailout referendum

'The ministers talk to us about miracles'

Why Greeks are cynical ahead of the bailout referendum
Call of the wild: How science is learning to decode the way animals communicate

Call of the wild

How science is learning to decode the way animals communicate