Shell new chief has money to spend and the backing to move quickly. It is, as yet, unclear if the oil and gas giant’s incoming leader will try to chart a different course from his predecessor.
The oil and gas giant announced on Thursday that Wael Sawan will become chief executive at the start of next year. A chemical engineer with a Harvard M.B.A., the 25-year Shell veteran has experience across the group’s product areas and around the globe and currently heads up its catch all new-energy division, called integrated gas, renewables and energy solutions.