ArabFinance: London-based energy giant Shell announced that it will name Wael Sawan as the new CEO as of January 1st 2023, according to a press release on September 15th.
Sawan will succeed Ben van Beurden who will resign at the end of 2022.
Ben van Beurden will continue working as an adviser to the Board until June 30th 2023.
Commenting on the news, Shell’s chairman Andrew Mackenzie said: “Wael Sawan is an exceptional leader, with all the qualities needed to drive Shell safely and profitably through its next phase of transition and growth.”