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Friday 16 December 2016

Shell names current VP as its new chief financial officer

THE HAGUE, NETHERLANDS: Royal Dutch Shell plc (Shell) has appointed Jessica Uhl as the company’s new chief financial officer (CFO), effective from 9 March 2017. She will succeed Simon Henry, who will conclude his service as CFO, after more than seven years in this role.
Jessica will be an executive director of the company and a member of its executive committee and will be based in The Netherlands’s.
She joined Shell in 2004 and has held finance leadership roles, based in Europe and the US, in Shell’s upstream, integrated gas and downstream businesses, as well as in Projects & Technology and Corporate headquarters.
She is currently executive vice president (EVP), finance for the integrated gas business. Jessica joined Shell in finance and business development supporting the Renewables business and held various business leadership roles inside the company.
In addition, Simon Henry will remain on the board as CFO until 9 March 2017 and sign the 2016 annual report, after which he will hand over his duties. Simon will then remain available to Jessica and to the board to assist with the transition until 30 June 2017, the company said.
Simon Henry has been with Shell for over 30 years and was appointed the chief financial officer of the company in May 2009, responsible for strategy, planning and information technology, as well as the company’s financial activities. During his tenure in the company, he held various leadership, financial roles.
“The Board is grateful to Simon for strengthening capital management. His leadership in integrating the two companies and in re-orienting our strategy leaves us a financially stronger company. When he leaves our board, it will be with our very best wishes,” said Charles Holliday, chairman of Shell.
“I have been privileged to spend the past 34 years working with great colleagues, in a great company. Together we have made a difference in an industry that really matters to so many people around the world. I wish Jessica every success in the role, and am confident that she and Shell will deliver a world class investment, in the most responsible and sustainable way,” Simon Henry said.
“Jessica combines an external perspective with broad Shell experience and is a highly-regarded executive with a track record of delivering key business objectives from cost leadership in complex operations to M&A delivery. I look forward to working with her in assuring its financial success as we execute our strategy to re-shape Shell,” added Ben van Beurden, chief executive of Shell.
© Worldofchemicals News
Read More: Shell names current VP as its new chief financial officer

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