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Shell CEO Concerned Over His Performing Duty

"Shell can be led better", he said

Shell CEO Concerned Over His Performing Duty

Shell's CEO Jeroen van der Veer has admitted privately that many of his managers have deep fears about the way the company is being run by him and his team.

"Shell can be led better?, he said in an internal speech given at Shell headquarters in The Hague to the 100 top executives.
And he admitted that if "I look at what our middle levels think about the company, I'm very concerned".

Mr Van der Veer said he would sleep well only when he knew for certain that 100% of the reserves were consistent with US stock market regulations. "Our reserves review is on schedule. We are doing a well-by-well, field-by-field review, and I expect a close out with the publication of our annual report.

He also talks about a wasteful culture at Shell, which is changing slowly, and work safety.

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