Shell reveals £8m pay for CEO Sawan
Evening Standard|March 14, 2024
SHELL paid its chief executive almost £8 million in 2023, it was revealed today, adding to the public outcry over fat-cat salaries and profiteering when so many people are struggling with the cost of living.
Michael Hunter
Shell reveals £8m pay for CEO Sawan

Wael Sawan's base salary for the top job at the UK's biggest oil and gas firm was £1.4 million.

He also got an annual bonus of £2.7 million and his payout from the firm's "long-term incentive plan" reached £2.6 million. That took his total "variable remuneration" to £5.3 million.

Campaigners at the anti-fossil fuel group Global Witness said it would take the average UK worker "227 years" to earn £8 million and it "could pay for 4,700 household energy bills".

This story is from the March 14, 2024 edition of Evening Standard.

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This story is from the March 14, 2024 edition of Evening Standard.

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