Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Finance
    3. >Shell CEO's pay package rises almost 9% to around $11 million
    Finance

    Shell CEO's Pay Package Rises Almost 9% to Around $11 Million

    Published by Global Banking & Finance Review®

    Posted on March 25, 2025

    1 min read

    Last updated: January 24, 2026

    Add as preferred source on Google
    Shell CEO's pay package rises almost 9% to around $11 million - Finance news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Quick Summary

    Shell CEO Wael Sawan's pay rose to $11 million in 2024 despite a 16% profit drop. Shell increased its dividend by 4% and extended its share buyback programme.

    Shell CEO Wael Sawan's Pay Rises to $11 Million in 2024

    LONDON (Reuters) - The pay package for Shell Chief Executive Wael Sawan was 8.6 million pounds ($11.10 million) for 2024 compared with 7.9 million pounds in the previous year, Shell's annual report showed on Tuesday.

    In January, Shell reported a 16% drop in profit for 2024 to $23.7 billion amid weakness in oil and gas prices and in demand, but it raised its dividend by 4% and extended its share buyback programme.

    ($1 = 0.7749 pounds)

    (Reporting by Shadia Nasralla; Editing by Kirsten Donovan)

    Key Takeaways

    • •Shell CEO Wael Sawan's pay increased by 9% to $11 million.
    • •Shell reported a 16% profit drop in 2024.
    • •Despite profit drop, Shell raised its dividend by 4%.
    • •Shell extended its share buyback programme.
    • •The report was published in Shell's annual report.

    Frequently Asked Questions about Shell CEO's pay package rises almost 9% to around $11 million

    1What is the main topic?

    The article discusses the increase in Shell CEO Wael Sawan's pay to $11 million in 2024, despite a drop in company profits.

    2How much did Shell's profit drop?

    Shell reported a 16% drop in profit for 2024, amounting to $23.7 billion.

    3What actions did Shell take despite the profit drop?

    Shell raised its dividend by 4% and extended its share buyback programme.

    More from Finance

    Explore more articles in the Finance category

    Image for Yale report links Russian oil sector to child deportation from Ukraine
    Yale Report Links Russian Oil Sector to Child Deportation From Ukraine
    Image for Italy expects EU to consider easing deficit rules if Middle East crisis lasts
    Italy Expects EU to Consider Easing Deficit Rules if Middle East Crisis Lasts
    Image for Hyundai Motor flags export disruptions as Middle East conflict hits shipping
    Hyundai Motor Flags Export Disruptions as Middle East Conflict Hits Shipping
    Image for Russia conducting rolling aerial attack on Ukraine, Kyiv says
    Russia Conducting Rolling Aerial Attack on Ukraine, Kyiv Says
    Image for Kremlin's drive for a state-backed messenger touches a nerve for some
    Kremlin's Drive for a State-Backed Messenger Touches a Nerve for Some
    Image for Glass Lewis recommends MPS investors vote for board slate with Palermo as CEO
    Glass Lewis Recommends Mps Investors Vote for Board Slate With Palermo as CEO
    Image for Russia's services sector contracts for first time in six months, PMI shows
    Russia's Services Sector Contracts for First Time in Six Months, PMI Shows
    Image for Tesla eyes Japan's top imported-car spot as it expands store, service network
    Tesla Eyes Japan's Top Imported-Car Spot as It Expands Store, Service Network
    Image for Analysis-Trump's anger over Iran thrusts NATO into fresh crisis
    Analysis-Trump's Anger Over Iran Thrusts NATO Into Fresh Crisis
    Image for Europe must prepare for 'long-lasting' energy shock, EU energy commissioner tells FT
    Europe Must Prepare for 'long-Lasting' Energy Shock, EU Energy Commissioner Tells Ft
    Image for Trump threatens to strike Iran's bridges and electric power plants
    Trump Threatens to Strike Iran's Bridges and Electric Power Plants
    Image for UN to vote on Hormuz resolution as China opposes authorization of force
    UN to Vote on Hormuz Resolution as China Opposes Authorization of Force
    View All Finance Posts
    Previous Finance PostUK's Fevertree Beats Annual Profit Expectations
    Next Finance PostUK's Tullow Oil Swings Back to Profit on Lower Impairments, Asset Revaluation Gains