Kudos to Wael

I continue to be impressed by Wael Sawan's approach as CEO. His unapologetic focus on profitability over the past year has been very welcome. An intentional shift away from questionable "green energy" strategies such as retail power in Europe/UK, offshore wind and renewable hydrogen businesses and a renewed emphasis on high margin oil and natural gas projects are a welcome benefit to shareholders.

Strong rational leadership pushing back against investors and employees pleading for Shell to blindly accelerate an exit of its long term value hydrocarbon businesses is a breath of fresh air.

Was Wael brought in to correct the misguided leadership of BVB or did he initiative the shift himself? Either way I am impressed by all that he has accomplished in such a short tenor and signs of more good things to come. Apparently the Board is firmly behind Wael!

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Indeed - he's even shafting the pensioners

The only way we are going to “keep liquids flat” is through acquisitions. It’s sad but Exploration has been * the bed for YEARS and now it’s clear we can’t organically replace reserves.

Has Menti become so toxic the leaders are now trolling these boards to get feedback? This whole thing only works if we get access to bbls to produce. Let’s see what decades of Deal Making Academy graduates can make happen, not you exploration- get back in your corner and play with your color pencils.

I believe ChatGPT or Gemini wrote all of these posts. Too wordy to be humans worried about there jobs. Not human if not worried about their jobs at Shell.

Kudos to Wael as long as I have a job or a fat severance check.

He is smart and pragmatic. He’s a long time employee who’s been groomed for the CEO position for at least a decade. He’s been in influential executive roles for years, all while the company was floundering with strategy and performance, as employees bore the brunt of poor management through excessive organizational redesigns. Why didn’t he influence the business direction sooner?

Thread regarding Shell Oil layoffs

Kudos to Wael

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