Shell boss faces investor revolt over £13.5m pay package
The Guardian|May 19, 2022
The chief executive of Shell is facing an investor revolt over his £13.5m pay packet as oil and gas firms battle growing calls for a windfall tax on their profits.
Alex Lawson
Shell boss faces investor revolt over £13.5m pay package

The investment advisory service Pirc has urged shareholders to vote against Ben van Beurden's pay packet at next week's annual general meeting, calling it "excessive".

The Dutchman picked up £6.3m last year, up from £5.2m a year earlier. The company has given him a 3.5% increase in salary to £1.42m and he has the opportunity to land a further £12.1m in cash and shares by hitting company targets. Pirc said the chief executive's salary was in the top 25% of a peer comparator group "which raises concerns over the excessiveness of their pay".

This story is from the May 19, 2022 edition of The Guardian.

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This story is from the May 19, 2022 edition of The Guardian.

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