LONDON: Global energy giant Shell on Thursday said in a surprise announcement that Chief Executive Officer (CEO) Peter Voser will retire next year, as it also posted falling first-quarter net profits on the back of lower crude oil prices.
“The board of Royal Dutch Shell plc today [Thursday] announced that Peter Voser . . . has elected to retire from the company in the first half of 2014,” a statement issued by the Anglo-Dutch group said.
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