First to reveal news of major restructuring of Shell by Peter Voser: 26/27 May 2009
Financial Times Newspaper front page lead story: 27 May 2009
Royaldutchshellplc.com, an independent website used by Shell staff, said yesterday that more than 30 per cent of senior managers were expected to go.
FT Newspaper front page plus articles on pages 18 & 19: 27 May 2009
FT: Shell shake-up widely rumoured; E&P and G&P tipped to merge: 26 May 2009 5.06pm
Reference to website: "Shell-watching blog royaldutchplc.com says it has assembled from ‘multiple sources inside Shell’ that not only will E&P and G&P merge, but that 30 per cent of senior managers/executives will also go. The company is apparently meeting in Berlin over the next two days and this will all be delivered by Peter Voser, the incoming chief executive, on Thursday."
FT: Shell clears way for senior shake-up: 26 May 2009 18.53
Reference to website: "Royaldutchshellplc.com, an independent website used by Shell staff, on Tuesday said more than 30 per cent of senior management were expected to go."
AFP: Shell: the owner of the gas division goes, rumor of reorganization: 26 May 2009
English Translation from French
LONDON (AFP) - Shell announced Tuesday that Linda Cook, patroness of the division gas and energy giant Anglo-Dutch oil and candidate in the general direction, leave office on 1 June, a start could be the prelude a major reorganization.
This will precede the start of the new CEO of Shell, the current finance director Peter Voser, scheduled for July 1st. The latter was preferred to Linda Cook and other candidates, including Malcolm Brindred, leader of the division “exploration and production”, to succeed Jeroen van der Veer.
According to analysts, the announced departure of Linda Cook reflects Mr. Voser to make its mark without delay and to renew the framework of the group, even for a reorganization of its activities.
Peter Hutton, the firm NCB, said that the resignation was “not unusual” on the part of a candidate aligned, adding that Linda Cook was deemed not to get along with Mr. Voser.
However, he said the other main internal candidate for the post of general manager, Malcolm Brindred far to experience a similar fate, could not see its position strengthened by the departure of Ms. Cook, and recover all or part of its functions.
“Peter Voser might seek to merge the gas and energy division in the upstream division + + (the industry” exploration and production “, ie), as is the case with the rival groups BP and Total, in order to generate economies of operation, “he anticipated.
Meanwhile, the website royaldutchshellplc.com, led by Alfred and John Donovan, former employees opposed to the direction of the oil group, has confirmed these speculations, saying that Mr Voser would announce an overhaul of the organizational group Thursday, after a two-day meeting of the principals of the company to be held in Berlin.
According to the site, said that based on internal sources of Shell, Mr Voser actually announce that day the integration of gas and energy division in the upstream division, and the disappearance of certain centers and regional decision removing a third of the senior group.
DAILY MAIL ONLINE: Shell shock as long-timer Cook is first to go in Voser cull: 27 May 2009
Reference to royaldutchshellplc.com:
Voser is expected to use the summit to announce the culling of almost a third of Shell's senior managers, according to a report on company gossip site Royaldutchshellplc.com yesterday.
The unauthorised site, which has regularly obtained leaks from Shell insiders, said Voser will also announce the merger of Shell's Gas & Power and Exploration & Production divisions at the meeting, which may help explain Cook's departure.
DAILY MAIL Newspaper: Shell shock as long time Cook is first to go in Voder cull: pdf version: 27 May 2009
By SAM FLEMING
EXTRACTS
Voser is expected to use the summit to announce the culling of almost a third of Shell's senior managers, according to a report on company gossip site Royaldutchshellplc.com yesterday.
The unauthorised site, which has regularly obtained leaks from Shell insiders, said Voser will also announce the merger of Shell's Gas & Power and Exploration & Production divisions at the meeting, which may help explain Cook's departure.
Dow Jones Global: Shell To Restructure, Merge Three Units : 27 May 2009
By JAMES HERRON
Of DOW JONES NEWSWIRES
LONDON -- Royal Dutch Shell PLC (RDSB.LN) said Wednesday it will launch a major company restructuring, merging its exploration and production, gas and power and oil sands units into two new divisions as new Chief Executive Peter Voser puts his stamp on the company.
Shell's current global head of exploration and production, Malcolm Brinded, will head up the larger of the new divisions, called Upstream International. Marvin Odum, currently Shell's Executive Vice President for Exploration and Production Americas, will become director of Upstream Americas.
The reorganization will affect around 24,000 Shell staff. A Shell spokesman declined to comment on how many jobs may be cut. Shell critic John Donovan reported on his blog Tuesday that more than 30% of senior executives at the two divisions could be culled.
At 0820 GMT Shell B shares were down 0.5%, or 8 pence, at 1655p in a fairly flat London market.
Company Web site: www.royaldutchshellplc.com
---By James Herron, Dow Jones Newswires; +44 (0)20 7842 9317;
james.herron@dowjones.com
London Evening Standard (online): 27 May 2009
Senior managers at Shell today started a two-day conference where they will be told of large potential staff cuts.
The summit in Berlin comes a day after the oil giant's head of gas, Linda Cook, left Shell after being passed over for the chief executive's role.
That job is being taken up by Peter Voser, the company's finance director, on 1 July. Shell insiders' website Royaldutchshellplc.com reported that Voser will tell his top 100 managers that Cook's old division will be merged with exploration and production in a move aimed at dramatic staff cuts. It is believed this was Voser's platform on which he made his pitch to the board for the chief executive's job.
Although oil prices have increased hugely in the past few months, at $61.59 a barrel today, it is still way down on the $147 at which it peaked last year, meaning Shell has to cut costs in order to retain its profitability.
Meanwhile, staff flocked to Royaldutchshell.com to attack the group's management.
One entry read: "Amongst those to be culled are (I suspect) many who are not only competent but who also realised that Shell historically was a bit different from the rest of the American oil major groups. No more. Sadly Shell is now the worst of the oil majors by far in almost every respect. And for those of us who in our small ways helped build a company that we were proud of its not just regrettable but a scandal."
London Evening Standard: In newspaper: 27 May 2009
Shell braced for massive job cuts in Berlin summit
Senior managers at Shell today started a two-day conference where they will be told of large potential staff cuts.
The summit in Berlin comes a day after the oil giant's head of gas, Linda Cook, left Shell after being passed over for the chief executive's role.
That job is being taken up by Peter Voser, the company's finance director, on 1 July. Shell insiders' website Royaldutchshellplc.com reported that Voser will tell his top 100 managers that Cook's old division will be merged with exploration and production in a move aimed at dramatic staff cuts. It is believed this was Voser's platform on which he made his pitch to the board for the chief executive's job.
Although oil prices have increased hugely in the past few months, at $61.59 a barrel today, it is still way down on the $147 at which it peaked last year, meaning Shell has to cut costs in order to retain its profitability.
Meanwhile, staff flocked to Royaldutchshell.com to attack the group's management.
One entry read: "Amongst those to be culled are (I suspect) many who are not only competent but who also realised that Shell historically was a bit different from the rest of the American oil major groups. No more. Sadly Shell is now the worst of the oil majors by far in almost every respect. And for those of us who in our small ways helped build a company that we were proud of its not just regrettable but a scandal."
The Herald (Scotland): New Shell chief ready to slash and burn: 29 May 2009
EXTRACT
Shell will also set up a new division to handle project delivery and technology. It will be led by Matthias Bichsel, who is also Swiss. Some Shell employees complained on their website Royaldutchshellplc.com that a "Swiss Mafia" is running the group.
ROMANDIE NEWS: Le nouveau patron de Shell Peter Voser imprime sa marque sans traîner: 27 May 2009
Mardi, le site royaldutchshellplc.com, animé par d'anciens employés opposés à la direction du groupe pétrolier, avait affirmé en s'appuyant sur des sources internes que le nouveau patron de Shell allait sabrer le tiers des postes de cadres supérieurs.
"Forcément, il y aura des emplois en moins", mais Shell ne s'est pas fixé d'objectif en la matière, a assuré de son côté un porte-parole du groupe à l'AFP, qualifiant les affirmations de royaldutchshellplc.com de "pures spéculations".
Extracts using Google English translation:
Tuesday, royaldutchshellplc.com site, hosted by former employees against the group management oil, had argued on the basis of internal sources as the new boss of Shell would cut one-third of senior management positions.
"Inevitably, there will be fewer jobs, but Shell did not set a goal in the subject, assured of its later a spokesman for the group to AFP, called the assertions of royaldutchshellplc.com "pure speculation".
529 Dutch Website; 27 May 2009
Volgens de blog royaldutchshellplc.com gaat het vooral om ondersteunend, administratief en IT- personeel. Verder zijn er geruchten dat 30% van het managament zijn baan verliest, wat Shell ontkent. Wel staat in een uitgelekte e-mail die Peter Voser vanochtend aan het personeel stuurde dat "minder mensen meer strategische beslissingen gaan nemen".
Our behaviours need to change if we want to enable leadership performance in a strong performance culture.
That will mean that fewer people wil make strategic decisions. More people will implement them, and improving performance will be our guide and goal. We will become a simpler place to work.
Fragment van Vosers e-mail, lees hier de hele mail
le nouvel Observateur: 27 May 2009
le nouvel Observateur English Version: Shell reorganizes: 27 May 2009
Tuesday, royaldutchshellplc.com site, hosted by former employees against the direction of the oil company, had argued on the basis of internal sources as the new boss of Shell had decided to remove a third of senior management positions.
China Money 163.com: 27 May 2009
?????????? ????????????Royaldutchshellplc.com???????30%?????????
DutchDN: Snur Shell på hodet: 27 May 2009
EXTRACT: Ifølge royaldutchshellplc.com, som er et uavhengig nettsted for Shell-ansatte, vil mer enn 30 prosent av høyere ledere måtte gå.
DutchFEM: "Grondige reorganisatie Shell": 27 May 2009
Om kosten te besparen zou de nieuwe ceo van Shell 30 procent van de senior managers een gouden handdruk willen geven, zo schrijft Shell-criticus John Donovan op zijn website. Die informatie zegt hij van binnen het bedrijf te hebben.
fd.nl: 'Nieuwe Shell-CEO gaat grootscheeps reorganiseren': 27 May 2009
26 mei 2009, 17:30 uur | FD.nl/DJ
AMSTERDAM (FD.nl/DJ)--De nieuwe CEO van Royal Dutch Shell, Peter Voser, kondigt donderdag een grootscheepse reorganisatie van het bedrijf aan, waarbij meer dan 30% van de topmanagers en bestuurders sneuvelt. Dat schrijft Shell- criticus John Donovan dinsdag op zijn weblog, op basis van anonieme bronnen bij het bedrijf.
Behalve het vertrek van 30% van het hogere management zou het plan een fusie omvatten van de divisies Exploration & Production met Shell Gas & Power.
De bekendmaking zal volgens Donovan worden gedaan tijdens een vergadering van honderd topmanagers van het bedrijf in Berlijn.
Een woordvoerder van Shell wilde niet reageren op het bericht.
Archie van Riemsdijk; FD.nl/DJ; +31-20-5928456; archie.vanriemsdijk@dowjones.com
Copyright (c) 2009 Het Financieele Dagblad
koers alarm.nl: 27 May 2009
Gisteren viel op de weblog van John Donovan al te lezen dat Shell een grootscheepse reorganisatie zal doorvoeren. Donovan meende dat de opvolger van Jeroen van der Veer, Peter Voser, a.s. donderdag tijdens een bijeenkomst van honderd topmanagers de actie zal aankondigden waarbij het management van de oliereus niet zal worden gespaard. Naar verluidt zal 1 op de 3 topmanagers het veld moeten ruimen.
z24nl: 27 May 2009
De reorganisatie moet leiden tot een hogere efficiëntie en zou nodig zijn vanwege de sterk gedaalde olieprijs. Shell kon nog geen commentaar leveren op de berichtgeving. De website Royaldutchshellplc.com meldt dat 30 procent van de senior managers zou moeten vertrekken.