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==Career== ==Career==
Sawan joined Shell in 1997 as an engineer with ].<ref name="MEED"/> In the mid-2000s he was country chair in Qatar, overseeing the planning and early stages of the Pearl Gas-to-Liquids (GtL) project.{{citation needed|date= February 2023}} He rose to become head of Shell's integrated gas and renewables division, and succeeded ] as CEO on 1 January 2023.<ref name="The Guardian"/> In the summer of 2023 he announced that Shell will be dropping plans to cut oil production each year for the rest of the decade.<ref>{{Cite web |date=2023-06-15 |title='Pure climate vandalism': Shell backtracks on plans to cut oil |url=https://www.euronews.com/green/2023/06/15/shell-joins-bp-and-total-in-u-turning-on-climate-pledges-to-reward-shareholders |access-date=2023-06-17 |website=euronews |language=en}}</ref> Sawan joined Shell in 1997 as an engineer with ].<ref name="MEED"/> In the mid-2000s he was country chair in Qatar, overseeing the planning and early stages of the Pearl Gas-to-Liquids (GtL) project.{{citation needed|date= February 2023}} He rose to become head of Shell's integrated gas and renewables division, and succeeded ] as CEO on 1 January 2023.<ref name="The Guardian"/> In the summer of 2023 he announced that Shell will be dropping plans to cut oil production each year for the rest of the decade.<ref>{{Cite web |date=2023-06-15 |title='Pure climate vandalism': Shell backtracks on plans to cut oil |url=https://www.euronews.com/green/2023/06/15/shell-joins-bp-and-total-in-u-turning-on-climate-pledges-to-reward-shareholders |access-date=2023-06-17 |website=euronews |language=en}}</ref>

Sawan received a pay packet of £7.9 million ($10 million) for 2023, having become chief executive at the start of last year on an annual salary of £1.4 million.<ref>{{Cite web |date=14/03/2024 |title=Shell CEO Wael Sawan's total pay was $10 million in 2023 |url=https://www.reuters.com/business/energy/shell-ceo-wael-sawans-total-pay-was-10-million-2023-2024-03-14/ |url-status=live |archive-url=https://www.reuters.com/business/energy/shell-ceo-wael-sawans-total-pay-was-10-million-2023-2024-03-14/ |archive-date=14/03/2024 |website=Reuters.com}}</ref>

] called such levels of pay “eyewatering … at a time when people are struggling to pay bills” and has hit out at levels of spending on renewable energy.<ref>{{Cite web |last=Hunter |first=Michael |date=2024-03-14 |title=Shell CEO paid £7.9 million for 2023 |url=https://www.standard.co.uk/business/shell-ceo-paid-ps7-9-million-for-2023-b1145069.html |access-date=2024-03-14 |website=Evening Standard |language=en}}</ref>


==Personal life== ==Personal life==

Revision as of 13:47, 14 March 2024

Lebanese-Canadian business executive

Wael Sawan
Sawan in 2010
Born1974 (age 49–50)
Beirut, Lebanon
NationalityLebanese and Canadian
EducationMcGill University
Harvard Business School
TitleCEO, Shell plc
TermJanuary 2023-
PredecessorBen van Beurden
SpouseNicole Sawan
Children3 sons

Wael Sawan (Arabic: وائل صوان ; born 1974) is a Lebanese-Canadian business executive, and the CEO of Shell plc since January 2023.

Early life

Sawan was born in Beirut in 1974. He grew up in Dubai, and earned a master's degree in chemical engineering from McGill University in Canada. He took a career break and earned an MBA from Harvard Business School.

He has dual Lebanese and Canadian nationality.

Career

Sawan joined Shell in 1997 as an engineer with Petroleum Development Oman. In the mid-2000s he was country chair in Qatar, overseeing the planning and early stages of the Pearl Gas-to-Liquids (GtL) project. He rose to become head of Shell's integrated gas and renewables division, and succeeded Ben van Beurden as CEO on 1 January 2023. In the summer of 2023 he announced that Shell will be dropping plans to cut oil production each year for the rest of the decade.

Sawan received a pay packet of £7.9 million ($10 million) for 2023, having become chief executive at the start of last year on an annual salary of £1.4 million.

Global Witness called such levels of pay “eyewatering … at a time when people are struggling to pay bills” and has hit out at levels of spending on renewable energy.

Personal life

Sawan is married to Nicole, and they have three sons.

References

  1. ^ "Who is Shell's new chief executive Wael Sawan?". The National. 15 September 2022. Retrieved 15 September 2022.
  2. ^ Shakespeare, Ananda (16 June 2014). "Wael Sawan". MEED. Retrieved 15 September 2022.
  3. ^ Sweney, Mark (15 September 2022). "Shell appoints Wael Sawan to replace outgoing chief Ben van Beurden". The Guardian. Retrieved 15 September 2022.
  4. "'Pure climate vandalism': Shell backtracks on plans to cut oil". euronews. 15 June 2023. Retrieved 17 June 2023.
  5. "Shell CEO Wael Sawan's total pay was $10 million in 2023". Reuters.com. 14/03/2024. {{cite web}}: Check |archive-url= value (help); Check date values in: |date= (help)CS1 maint: url-status (link)
  6. Hunter, Michael (14 March 2024). "Shell CEO paid £7.9 million for 2023". Evening Standard. Retrieved 14 March 2024.
Business positions
Preceded byBen van Beurden Chief Executive Officer of Royal Dutch Shell
2023–present
Succeeded bynot applicable
Chief Executives of Shell
Pre-1946
Managing Director/ General MD
of Royal Dutch Petroleum Company
(1890-1946)
Chairman of The Shell Transport
and Trading Company (1897–1946)
1946 to 2005
Chairman of the Committee of
Managing Directors of
the Royal Dutch / Shell Group
2005–present
Chief executive officer of:
– Royal Dutch Shell plc (2005–2021)
– Shell plc (as from 2022)
Shell plc
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