The pay of Shell’s CEO, Ben van Beurden, more than doubled in 2018 to hit €20.1m (£17.2m) as the oil company rewarded him for high profits.
The pay package was the largest in the company’s history, except 2014 when complex pension calculations inflated the chief executive’s reported salary.
It is only the second time a Shell chief executive’s salary, bonus and long-term incentive plan have cumulatively passed €15m.
Van Beurden’s pay was three times more than the average of his fellow FTSE 100 chief executives in 2017, and 143 times greater than the average pay of Shell’s British workforce. » | Jasper Jolly | Thursday, March 14, 2019
