8th Dec 2020 18:33
(Alliance News) -Â Royal Dutch Shell PLC has been hit with an exodus of several clean energy executives amid a split over the pace and extent of the company's shift towards greener energy, the Financial Times reported on Tuesday.
The resignations come just weeks before Shell is set to announce its strategy for the energy transition, the FT said. Some have pushed for a more aggressive move from oil but management is more inclined to stick closer to the company's current path, according to four people familiar with the matter.
The FT reported that Marc van Gerven, who headed the solar, storage and on-shore wind businesses at Shell, Eric Bradley, who worked in the distributed energy division, and Katherine Dixon, a leader in the energy transition strategy team, have all departed in recent weeks.
Shell's vice-president for offshore wind is due to leave the company, and other top executives working in clean energy also plan to exit in the coming months, the FT said citing two of the people familiar with the matter.
https://www.ft.com/content/053663f1-0320-4b83-be31-fefbc49b0efc
Royal Dutch Shell's A shares closed down 0.6% at 1,392.60 pence, while its B shares were 2.6% lower at 1,322.57p on Tuesday in London.
By Lucy Heming;Â [email protected]
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