Mar 9, 2023
Former Shell boss Ben van Beurden's pay package jumps to £9.7m
Former Shell boss Ben van Beurden received a pay package of £9.7m last year, up more than 50% from 2021. Shell reported the highest annual profits in its 115-year history last year after a surge in energy prices following Russia's invasion of Ukraine. Shell made a record $39.9bn profit in 2022, double the previous year's total. In 2021, Mr van Beurden was paid the equivalent of £6.3m - he was paid in euros because Shell had yet to move its headquarters from the Netherlands to Britain. The annual report said Mr Sawan was appointed on a salary of £1.4m, although performance-related payments can often add to the overall pay package considerably.
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