THE SHELL GAME – Who Will Be The Next CEO?
Earlier this year, Shell announced that current CEO, Peter Voser, will retire from the company in 2014. Since then the race has been hotting up to find the man accede to the throne as head of one of the world’s largest companies.
In this piece, we’ll take a look at the company, Voser and his legacy and the front-runners for the position at the top table of the corporate world. At the end of our profile of the candidates, vote for who you think should get the top job.
Founded in 1907 following the merger of the Royal Dutch Petroleum Company and the "Shell" Transport and Trading Company Ltd of the United Kingdom.
Thanks to its distinctive logo and subsidiary Shell Oil Company’s many service stations, Shell is one of the most well known oil and gas companies in the world. The Shell name and logo is tied to the "Shell" Transport and Trading Company - its founder’s father having originally created a business selling sea shells to collectors.
An Anglo-Dutch company, Royal Dutch Shell’s revenue is equivalent to 84% of the Netherlands GDP at the time.
In 2012, Shell took the top spot as the biggest company on the FTSE, with a 140.9 billion market capitalisation. The company also topped Fortune 500’s Global 500 – their annual ranking of the world’s largest corporations.
Barrels Per Day Produced: 3.9 million
Headquarters: The Hague, Netherlands
State Owned? No
Revenue US$ 467.153 billion (2012)
Employees 87,000 (2012)