Shell break-up would not work in real life, says CFO
Published by maria gbaf
Posted on October 29, 2021
1 min readLast updated: January 29, 2026

Published by maria gbaf
Posted on October 29, 2021
1 min readLast updated: January 29, 2026

Shell CFO Jessica Uhl argues against splitting Shell into separate fossil fuel and renewable companies, despite financial appeal.
LONDON (Reuters) – Breaking up oil major Royal Dutch Shell into separate fossil fuels and renewables companies might be financially compelling but would not work in real life, finance chief Jessica Uhl said on Thursday.
Activist hedge fund Third Point, which has built a large stake in Shell, on Wednesday called for the oil major to split into multiple companies to increase its performance and market value.
Shell Chief Executive Ben van Beurden told reporters that Shell’s strategy is coherent and well understood by a majority of its shareholders.
(Reporting by Shadia Nasralla; Editing by David Goodman)
The main topic is the discussion around the potential break-up of Royal Dutch Shell into separate fossil fuels and renewables companies.
Activist hedge fund Third Point suggests a split to enhance Shell's performance and market value.
Shell's CFO and CEO argue that the company's current strategy is coherent and supported by shareholders, making a break-up impractical.
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