REMUNERATION

Annual reports page 196 shows Shell total return over 10 years, has been a paltry 50%. What have you been doing? Concurrently, page 145 shows you have paid CEO last year 9.7M and another 2.09bn to the CFO, at the expense of the shareholders. You’re proposing huge expenditures on share repurchases. There’s widespread belief that these don’t work, why do you believe it works ?

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Continue ReadingAnnual reports page 196 shows Shell total return over 10 years, has been a paltry 50%. What have you been doing? Concurrently, page 145 shows you have paid CEO last year 9.7M and another 2.09bn to the CFO, at the expense of the shareholders. You’re proposing huge expenditures on share repurchases. There’s widespread belief that these don’t work, why do you believe it works ?

Why was the Chief Executive paid £5.25 million when the bank is still majority-owned by the taxpayer and the country and people are struggling? Increasing profits does not take any special effort or skill when interest rates rise and a number of branches are closed.

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Continue ReadingWhy was the Chief Executive paid £5.25 million when the bank is still majority-owned by the taxpayer and the country and people are struggling? Increasing profits does not take any special effort or skill when interest rates rise and a number of branches are closed.