The pay package for Shell's former CEO jumped to nearly $12 million last year. Oil and gas companies have made record profits from skyrocketing energy costs that have driven a cost-of-living crisis
Shell's Former CEO Got a 50% Pay Boost as Soaring Energy Prices Drove Profits UpChris Ratcliffe—Bloomberg/Getty ImagesLONDON — The pay package for Shell’s CEO jumped by half last year to nearly $12 million, the fossil fuel giant said Thursday, as oil and gas companies made record profits from skyrocketing energy costs that have driven a cost-of-living crisis.
Van Beurden’s pay includes a £2.6 million bonus and £4.9 million worth of stock, according to the company’s annual report.
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