Shell reportedly names China boss to key BG merger post
The head of Royal Dutch Shell’s China operations is to spearhead the oil and gas major’s integration with BG Group, which is due to complete next year, according to Sky News.
BG Group
n/a
n/a
FTSE 100
8,060.61
15:45 15/11/24
FTSE 350
4,453.56
15:45 15/11/24
FTSE All-Share
4,411.85
15:45 15/11/24
Oil & Gas Producers
8,043.72
15:45 15/11/24
Shell 'A'
1,895.20p
17:05 28/01/22
Sky said that Shell informed senior managers this week that it was naming Huibert Vigeveno – its executive chairman for China – as executive vice president for integration, with the appointment due to take effect at the beginning of August.
The role being handed to Vigeveno, who is a long-serving Shell executive, is a crucial one.
Reporting to Simon Henry, Shell's chief financial officer, Vigeveno is likely to play an important role in determining the fate of hundreds of BG employees, with analysts predicting that many of their jobs are likely to disappear once the deal complete, said Sky.