Shell appoints Jorma Ollila as new Chairman
Posted: 4 August 2005
The Board of Directors of Royal Dutch Shell plc reported the appointment of Jorma Ollila, currently Chairman and CEO of Nokia, to succeed Aad Jacobs as the company’s Non-Executive Chairman.
The appointment will be effective from 1 June 2006.
Mr Ollila joined Nokia in 1985 and took the helm in 1992. As Nokia CEO he presented an ambitious strategy that successfully restructured the former industrial conglomerate and, along with his team, accelerated its growth into one of the most successful companies in both the mobile phone and telecommunications infrastructure markets. Mr Ollila will step down as CEO at Nokia on 1 June 2006.
Jorma Ollila’s initial career prior to Nokia was in banking at Citibank in London and Helsinki. He also has extensive experience as a non-executive director, including currently with the Ford Motor Company.
Commenting on Mr Ollila’s appointment, Lord Kerr of Kinlochard, Shell Deputy Chairman and Senior Independent Director who led the Search Committee, said “We were looking world-wide for a Chairman with international standing, a global outlook, and proven success in managing a complex organization. In Jorma Ollila we found all these qualities, and more”.
Jeroen van der Veer, Shell Chief Executive said “Jorma Ollila will be an excellent Chairman. He comes to us with a wealth of valuable experience and an excellent record of success. We are sure that we have found the best person for the job”.
Mr Ollila commented, “I look forward to working closely with Jeroen van der Veer and the Royal Dutch Shell Board. This is a wonderful opportunity with a great global company at a pivotal time for the energy industry. I look forward to being part of the team in The Hague”.
For more information see www.shell.com
Posted by Richard Price, Editor, EnergyME.com
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