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Stock impact report

Shell appoints Sawan as upstream boss, replacing Brown [Reuters]

Royal Dutch Shell PLC Royal Dutch Shell PLC American Depositary Shares (Each representing two Class B Ordinary Shares) (RDS.B) 
US:NYSE Investor Relations: shell.com/investors.html
Company Research Source: Reuters
Shell appoints Sawan as upstream boss, replacing Brown | Reuters 2 Min Read LONDON (Reuters) - Royal Dutch Shell has appointed Wael Sawan to head its oil and gas production division, replacing Andy Brown who will step down after 35 years at the Anglo-Dutch company. Sawan, 44, a Canadian citizen of Lebanese origin, currently heads Shell’s deepwater operations, one of the company’s cash growth engines in recent years. He joined Shell in 1997. Brown, 56, will remain a member of Shell’s executive committee until his departure on Sept. 30, Shell said in a statement. “I am grateful to Andy for his strong leadership of the Upstream business, particularly having improved business performance during the recent years of low oil prices,” Chief Executive Officer Ben van Beurden said in a statement. Shell, the second largest publicly-traded oil company behind Exxon Mobil, produced nearly 3,600 barrels per day of oil and gas equivalent in the third quarter of 2018. Shell transformed its upstream op Show less Read more
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