Peter Voser, CEO of Royal Dutch Shell plc, has informed the oil and gas giant that he will retire from the company in the first half of 2014.
Voser has served as CEO of the company since July 2009 and has been an executive director since 2004.
Shell’s chairman Jorma Ollila said “Peter’s leadership of Shell over the last 4 years has been impressive, reorganizing the company, delivering growth, and developing a clear forward strategy with a strong portfolio of new options. I have enjoyed working with Peter, in a period of great change and progress for Shell, and I wish him well for the future.”
“The Nomination and Succession Committee of the Board will now lead a structured and comprehensive review of internal and external candidates to enable an orderly transition to a new CEO,” Ollila added.