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Wael Sawan (Arabic: وائل صوان ; born 1974) is a Lebanese-Canadian business executive, and the CEO of Shell plc since January 2023. Early life.
Its new CEO, Wael Sawan, took over at the start of the year with the idea of steering the company through a cost-cutting and restructuring drive. ... In March, he weakened the company’s carbon ...
Shell CEO Wael Sawan has made comments ... or the Fortune 500 Europe list that looks at company revenues—the $231 billion-worth oil and ... Shell says it’s still on track to achieve net-zero ...
In March 2024, Shell CEO Wael Sawan announced that the company would moderate its near-term carbon emissions reduction targets, revising its reduction in net carbon intensity of third-party use of products down to 15% from 20% and dropping its target of a 45% reduction in carbon emissions by 2035 from a 2016 baseline. [237] [238]
The company said Mr. Sawan would assume the position on January 1, 2023, when van Beurden would step down after nine years in the role. He will continue Shell Appoints Wael Sawan As Successor To ...
In January 2023, Wael Sawan succeeded him as CEO. [14] During his tenure as head of Shell, the company was ordered by a Netherlands court to reduce its carbon emissions by 45% by 2030. Van Beurden described the ruling as "unreasonable" and said the company had no intentions to meet the court-ordered climate targets.
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