Shell Shareholders Approve 900% CEO Bonus Cap With 95% Support

5 articles · Updated · Bloomberg · May 19

More than 95% of Shell shareholders backed a new pay policy at Tuesday’s annual meeting in London, clearing the way for higher executive bonuses.
The plan lifts CEO Wael Sawan’s maximum long-term share award to 900% of salary from 600%, and also raises CFO Sinead Gorman’s bonus ceiling.
Shell said the change moves its executive compensation closer to levels offered by US rivals, a key rationale for the overhaul.

With profits down, are shareholders rewarding leadership or just the financial upside of global conflict?

When executive pay rises with geopolitical tension, who truly bears the risk of an unstable energy market?