Shell Review Could Spell the End for Dual-Board Structure

The HeraldJune 18, 2004

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Summary


SHELL, the embattled petrol-eum giant, yesterday cracked under pressure from institutional investors and revealed details of the review which could lead to its dual-board structure being scrapped.

The Anglo-Dutch company has suffered a humiliating fall from grace since January when it revealed the first of four cuts which have seen its proven oil and gas reserves slashed.

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Extract


Shell Review Could Spell the End for Dual-Board Structure

In a statement to the London Stock Exchange, Shell said a unified board was one option being looked at by an internal review of the structure and ove...

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