Short list of praiseworthy senior Royal Dutch Shell executives
Now we have his equally scandal tainted successor, Peter Voser, Chairman of the UBS Audit Committee at the time when UBS was engaged in all kinds of criminal activity.
Posting on Shell Blog by LondonLad on Jan 17th, 2013 at 19:56
JOHN DONOVAN REPLY TO LONDONLAD:
Supply a list of past and present praiseworthy senior Shell executives? That is an ask too far.
Sir John Jennings
I can think of one example. Sir John Jennings. We had dealings with him on a face-to-face basis when he was Chairman of Shell Transport & Trading and a Group Managing Director of Royal Dutch Shell Group. He demonstrated his integrity and his support for Shell's Statement of General Business Principles in an unprecedented way. If he had not retired, this website would almost certainly not be in existence.
Moody-Stuart took over and hid behind Shell's army of lawyers, supporting a thoroughly dishonest Shell executive who, in addition to repeatedly stealing intellectual property, not only from us, rigged a contract tender in a conspiracy involving a number of high level people at Shell, one of whom at least, Tim Hannigan, is still a Shell executive.
Next came Sir Philip Watts who inherited the hydrocarbon value creation teams set up under Moody-Stuart and fraudulently conjured up some much needed proven reserves.
After he was forced to resign, Jeroen van der Veer was given the top job and was soon engulfed in the TOUCH FUCK ALL scandal and cover-up, and then the Sakhalin 2 debacle when he surrendered Shell's majority stake to Putin in the most humiliating circumstances.
Now we have his equally scandal tainted successor, Peter Voser, Chairman of the UBS Audit Committee at the time when UBS was engaged in all kinds of criminal activity.
As for taking risks, we may have already caused irreversible calamitous damage to the environment and the future of humanity by flouting the dire warnings about climate change.
It would help if we could at least have confidence in the integrity and competence of senior management of multinational giants such as Shell who want to run risks for commercial gain. Unfortunately we know that the overriding driving motivation behind most fat cat business moguls appears to be pure personal greed. And they end up with millions even when the risk-taking ends in disaster. Sir Philip Watts walked off with a reported severance/pension package worth $18.5 million after defrauding Shell shareholders and bringing to an end the 100 year old partnership between Royal Dutch Petroleum and Shell Transport & Trading.
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