Shell has confirmed that downstream director Bert van Beurden will replace Peter Voser as chief executive at the end of this year.
The 55-year-old, who has been with Shell for 30 years, will take over the reigns of the Dutch oil giant from January 1 2014, after being named as downstream director earlier this year.
Voser will end his 29 years with Shell next March, after overseeing steady growth during his four-year spell as CEO.
“I am delighted to announce Ben van Beurden as the next Chief Executive Officer of Royal Dutch Shell,” said Shell chairman Jorma Ollila.
“Ben has deep knowledge of the industry and proven executive experience across a range of Shell businesses. Ben will continue to drive and further develop the strategic agenda that we have set out, to generate competitive returns for our shareholders.”
“Van Beurden’s selection came after a comprehensive assessment and review of internal and external candidates led by the Board Nomination and Succession Committee.”
54-year-old Voser announced in May that he was to stand down to pursue a ‘chang ein lifestyle’ and spend more time with his family.
Van Beurden, a Dutch national, graduated with a Master’s Degree in Chemical Engineering from Delft University of Technology, the Netherlands.
He joined Shell in 1983, and has held a number of senior roles with the company in Europe, the UK and the USA.
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