https://www.theguardian.com/business/2025/mar/25/shell-cuts-costs-spending-ceo-bonus-pay-oil-company
4 replies (most recent on top)
Did nobody tell the board that this is going to contribute to inflation
Remember kids, wealth inequality is the reason why we are in this situation to begin with. And it’s worldwide. Where do you think Wael’s salary is coming from? The stakeholders? Get real. This is coming from the cost cutting. It’s fine, Wael can just do all the jobs of the company himself and keep all the money. Sooner or later all this cutting will catch up to his decisions
the article mentions no casual relation between cost cutting and pay increase
i assume he gets paid for the stock going up like any other ceo
cutting is definitely his preferred trick for that, but it’s not like he gets paid directly for cutting. thank goodness. it can only get worse.
i wish we could get value from a new asset instead of cuts. they talk a big game about the stock going up as if the whole industry didn’t shoot 25-50% after the covid bottom of the market and onto Shell did. Shell stock is only up 3-5% above integrated major market norms depending on how you examine the data when comparing it to competition
If you look at what some senior IT leaders are posting on LinkedIn: DEI/AI and those buzzwords stuff that.makes themselves feel an inspiring leader... there is plenty still to cut. All the green in Shell should be about dollar money green.