Mar 14, 2019
Shell boss' pay doubles to 143 times average UK Shell worker's pay
The boss of oil-company Shell saw his pay more than double last year to more than €20m. Ben van Beurden's total salary in 2017, which was approximately €9m, prompted a shareholder revolt. The Dutch executive's rise comes as the company increased its annual profits by almost $10bn and is largely down to long-term incentives kicking in. Mr van Beurden's pay is now 143 times larger than the average Shell employee in the UK. The Anglo-Dutch giant is the most valuable company listed in Britain. Last year, Shell announced it would link executive pay to carbon emission targets, subject to a shareholder vote in 2020.
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