An oil industry veteran who has risen through the ranks during three decades at Royal Dutch Shell is the company’s next chief executive.
Downstream director Ben van Beurden will succeed Peter Voser, who leaves next year in search of a change in lifestyle.
Dutch national Mr van Beurden, 55, beat off competition from internal and external candidates to land the post, which he will start on January 1.
He joined the Shell group of companies in 1983 and has held a number of technical and commercial roles in both the upstream and downstream businesses. He is already a member of Shell’s executive committee.
Chairman Jorma Ollila said: “Ben has deep knowledge of the industry and proven executive experience across a range of Shell businesses.
“Ben will continue to drive and further develop the strategic agenda that we have set out, to generate competitive returns for our shareholders.”