Shell CEO’s pay jumps 60% despite slump in oil firm’s profits

Campaigners say people unlikely to ‘look favourably’ on package for Wael Sawan, which rose to £13.8m in 2025The chief executive of Shell saw his pay jump more than 60% to almost £14m in 2025 despite a slump in profits at the oil company and prospects of rising pump prices related to war in...

<p>Campaigners say people unlikely to ‘look favourably’ on package for Wael Sawan, which rose to £13.8m in 2025</p><p>The chief executive of Shell saw his pay jump more than 60% to almost £14m in 2025 despite a slump in profits at the oil company and prospects of <a href="https://www.theguardian.com/politics/2026/mar/11/nothing-off-the-table-as-rachel-reeves-considers-targeted-support-over-energy-costs">rising pump prices</a> related to war in the Middle East.</p><p>The package for Wael Sawan, who took the top job in 2023 and has refocused the company on fossil fuels, rose from £8.6m in 2024 to £13.8m in 2025.</p> <a href="https://www.theguardian.com/business/2026/mar/12/shell-ceo-pay-jumps-despite-slump-in-oil-firm-profits-wael-sawan">Continue reading...</a>
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