Shell boss’ pay doubles to 143 times average UK Shell worker’s pay

Mr van BeurdenImage copyright
Shell

Image caption

Mr van Beurden joined the firm in 2014

The boss of oil-company Shell saw his pay more than double last year to more than €20m (£17m).

Ben van Beurden’s total salary in 2017, which was approximately €9m, prompted a shareholder revolt.

The Dutch executive’s rise comes as the company increased its annual profits by almost $10bn and is largely down to long-term incentives kicking in.

Mr van Beurden’s pay is now 143 times larger than the average Shell employee in the UK.

The Anglo-Dutch giant is the most valuable company listed in Britain.

Last year, Shell announced it would link executive pay to carbon emission targets, subject to a shareholder vote in 2020.

Shell boss’ pay doubles to 143 times average UK Shell worker’s pay

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