Royal Dutch Shell picks new downstream boss
Royal Dutch Shell has announced its chemicals chief will be the new man in charge of downstream operations.
Royal Dutch Shell has announced its chemicals chief will be the new man in charge of downstream operations.
Ben van Beurden will become Downstream Director, effective January 1st 2013, and will take a seat on the company's Executive Committee.
Downstream operations include those closer to the point of sale, such as refining and distribution, rather than exploration and production activities, which are classified as upstream.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Van Beurden, Shell's Executive Vice President Chemicals since 2006, joined Shell in 1983 and has held various engineering, plant management and operations and commercial roles in the Netherlands, Africa, Malaysia, UK and the USA.
He replaces Mark Williams who will be returning to the United States and leaving the company after 33 years "distinguished service", the company said.
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
Trump wants to colonise Mars – will it happen?
Donald Trump wants to plant the US flag on Mars. Could humans really live there?
By Simon Wilson
-
Klarna postpones US IPO as Trump's tariffs rattle markets
Buy-now-pay-later lender Klarna has postponed its US initial public offering owing to the market turbulence. It is not alone, says Matthew Partridge
By Dr Matthew Partridge