Shell shrinks size of executive team

UK-based LNG giant Shell will reduce the size of its executive committee from nine to eight members following the departure of Robin Mooldijk.

Shell announced on Tuesday it had made “significant progress against our previously announced plan to integrate the technical divisions, that today make up our projects and technology organisation, into our business lines.”

“This simplification will empower our businesses by bringing these technical capabilities closer to where we generate value and progress our journey to improve cost competitiveness of the organisation,” it said.

As a result of the progress, Mooldijk, president, projects and technology, will step down after 35 years of service with Shell, effective February 28, 2026.

Following Robin’s departure Shell’s executive committee will reduce in size.

“I am grateful to Robin for his significant contribution to Shell throughout his career. Before joining the executive committee, he led the transformation of Shell’s refining strategy, combining our refining and chemicals businesses into a single chemicals and products organisation, bringing our customers and assets closer together and strengthening our already successful integration with Shell Trading,” CEO Wael Sawan, said.

“Most recently, Robin has successfully led the integration of our technical divisions into our integrated gas, upstream, and downstream and renewables businesses, to strongly position Shell for the future,” Sawan said.

Shell recently said it expects trading and optimization results for its integrated gas business in the fourth quarter of 2025 to be in line compared with the previous quarter.

The company’s integrated gas segment reported adjusted earnings of about $2.14 billion in the third quarter of last year.

This compares to $2.87 billion in the same period in 2024 and $1.73 billion in the prior quarter.

Overall, Shell’s adjusted earnings reached $5.43 billion in the third quarter, down compared to $6.03 billion in the comparable quarter last year.

Adjusted earnings rose 27 percent compared to $4.26 billion in the prior quarter.

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