Royal Dutch Shell Plc has appointed Sir Andrew Mackenzie as its new chair, to succeed Chad Holliday who steps down in May after more than a decade on the oil firm’s board.
Mackenzie was formerly chief executive of BHP until 2019 and previously held senior roles at Rio Tinto and BP. He joined the Shell board back in October.
The selection process was led by Shell’s deputy chair Euleen Goh and the company highlighted that it was the result of a thorough and robust process included engagement with some of Shell’s larger investors. It sought their input on the skills, attributes and sector knowledge that they considered important for the role, Shell added.
“I am delighted to welcome Andrew as my successor,” Holliday said in a statement.
“Andrew brings a wealth of leadership and sustainability experience, scientific curiosity and commercial acumen that ideally equip him to help Shell navigate the energy transition and deliver on the far-reaching Powering Progress strategy.
“His track record in business performance transformation also means he brings all the skills and rigour needed to guide Shell’s management in all their most significant decisions.”
Mackenzie, meanwhile, added: "It is a privilege to be appointed Chair of this great company, particularly at such a pivotal time for the industry and wider society.”
“I have been delighted already to have played a part in the shaping of the compelling strategy that Shell has recently unveiled.
“I believe Shell has an exceptional portfolio of future-facing assets and I look forward to working with Ben van Beurden and the board to profitably accelerate Shell’s transition into a net-zero emissions energy business that continues to generate substantial value for shareholders, customers and communities alike.”
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