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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 | |
Born | 1974 (age 49–50) Beirut, Lebanon |
Nationality | Lebanese and Canadian |
Education | McGill University Harvard Business School |
Title | CEO, Shell plc |
Term | January 2023- |
Predecessor | Ben van Beurden |
Spouse | Nicole Sawan |
Children | 3 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
- ^ "Who is Shell's new chief executive Wael Sawan?". The National. 15 September 2022. Retrieved 15 September 2022.
- ^ Shakespeare, Ananda (16 June 2014). "Wael Sawan". MEED. Retrieved 15 September 2022.
- ^ Sweney, Mark (15 September 2022). "Shell appoints Wael Sawan to replace outgoing chief Ben van Beurden". The Guardian. Retrieved 15 September 2022.
- "'Pure climate vandalism': Shell backtracks on plans to cut oil". euronews. 15 June 2023. Retrieved 17 June 2023.
- "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) - Hunter, Michael (14 March 2024). "Shell CEO paid £7.9 million for 2023". Evening Standard. Retrieved 14 March 2024.
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Preceded byBen van Beurden | Chief Executive Officer of Royal Dutch Shell 2023–present |
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