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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. ... Sawan’s strategy has differed from that of ...
Shell CEO Wael Sawan has made comments since last year about revisiting its home listing in 2025, if it's the only way to prop up valuations.
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]
Shell Plc (NYSE: SHEL) has named Wael Sawan, the company's head of integrated gas and renewables, as its next chief executive, as longtime CEO Ben van Beurden will step down. Mr. van Beurden was ...
This category contains those individuals who have held the most senior executive position in Shell plc.The official title of CEO was created in 2004, with Jeroen van der Veer being appointed in October 2004 and taking up the position in July 2005.
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.
Wael Sawan, currently director of integrated gas, renewables and energy solutions, is expected to help continue Shell’s green transition strategy when he takes over as CEO from Ben van Beurden ...