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Companies & Markets

Shell shareholders vote in favour of CEO's 5m euro pay

Published Tue, May 24, 2016 · 12:23 PM
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[THE HAGUE] Royal Dutch Shell shareholders on Tuesday voted overwhelmingly in favour of chief executive officer Ben van Beurden's 2015 remuneration of 5.135 million euros (S$8.02 million).

More than 86 per cent of shareholders adopted the Anglo-Dutch company's executive remuneration package at Shell's annual general meeting.

The vote follows calls by two major investor advisers to reject the resolution due to a sharp fall in Shell's revenue.

REUTERS

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