Shell CEO Van Beurden, is stepping down at the end of the year after nine years in charge and will be replaced by Wael Sawan, the company announced.
FILE - CEO of Royal Dutch Shell Ben van Beurden speaks at a meeting with Russian President Vladimir Putin in Moscow, Russia, Wednesday, June 21, 2017. Van Beurden, is stepping down at the end of the year after nine years in charge and will be replaced by Wael Sawan, the company announced Thursday, Sept. 15, 2022.
He takes over at a tumultuous time for Shell and other oil and gas giants. While the world is looking to transition to renewable sources like wind and solar, the war in Ukraine has created volatility that has driven up energy prices and fueled inflation.
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