Important Board and Committee Changes at Shell plc
SHELL PLC
BOARD AND COMMITTEE CHANGES
In an exciting development for Shell plc, the company has announced significant changes to its Board and Committee structure, aimed at enhancing governance and operational efficiencies.
Director Changes Overview
Two notable Non-Executive Directors, Catherine Hughes and Neil Carson, have chosen not to stand for re-election at the upcoming Annual General Meeting (AGM) in 2026. Catherine has dedicated nine years to her role, particularly influencing sustainability strategies as Chair of the Sustainability Committee. Neil, with his seven-year tenure, has also made remarkable contributions, including his leadership as Chair of the Remuneration Committee.
Welcoming New Directors
As Shell welcomes new talents to its Board, Holly Koeppel and Clare Scherrer will join as Non-Executive Directors starting January 1, 2026. Both have been selected for their robust experience and leadership skills that align with Shell’s strategic objectives. Holly, with her extensive background in the global energy sector, will be serving on the Audit and Risk Committee and the Sustainability Committee. Clare brings valuable experience from her previous executive role, also participating in the Audit and Risk Committee and the Remuneration Committee.
Leadership Acknowledgements
Sir Andrew Mackenzie, the Chair of Shell plc, expressed personal gratitude towards Catherine and Neil for their substantial contributions. He acknowledged Catherine's proficiency in operational discipline and industry insight as significant assets to Shell. He also appreciated Neil’s commercial acumen, which has enriched Board discussions since he joined Shell’s Board.
Reflecting on the appointments of Holly and Clare, Sir Andrew emphasized the careful selection process overseen by Shell’s Nomination and Succession Committee. With Holly's international experience in energy and Clare’s success with capital-intensive industries, their roles are expected to be instrumental in Shell’s ongoing growth.
Board Committee Membership Changes
Following the AGM, the structure of Shell plc’s Board Committees will reflect these changes:
Audit and Risk Committee
Chair: Ann Godbehere
Members: Dick Boer, Cyrus Taraporevala, Sir Charles Roxburgh, Holly Koeppel, Clare Scherrer
Nomination and Succession Committee
Chair: Sir Andrew Mackenzie
Members: Dick Boer, Ann Godbehere
Remuneration Committee
Chair: Cyrus Taraporevala
Members: Bram Schot, Jane H. Lute, Dick Boer, Clare Scherrer
Sustainability Committee
Chair: Sir Andrew Mackenzie
Members: Bram Schot, Jane H. Lute, Leena Srivastava, Holly Koeppel
Forward-Looking Commitments
As Shell embarks on this new phase of governance, the organization emphasizes the importance of strategic leadership in navigating the challenges of the energy sector. Each appointment is subject to re-election at the 2026 AGM, ensuring that the shareholders maintain a voice in the leadership direction of Shell plc.
Shell aims to continuously adapt and strengthen its Board with the best possible talent, remaining committed to sustainability and growth within the energy market.
Contact for Inquiries
For further inquiries, interested parties can reach out to Julie Keefe, Deputy Company Secretary. Media contacts are available for specific queries or further clarification on these changes.
Frequently Asked Questions
1. Who are the new directors joining Shell plc?
Holly Koeppel and Clare Scherrer will join as Non-Executive Directors on January 1, 2026.
2. What roles will the new directors play in Shell?
Holly will be part of the Audit and Risk and Sustainability Committees, while Clare will join the Audit and Risk and Remuneration Committees.
3. Why are Catherine Hughes and Neil Carson leaving?
Both directors have chosen not to stand for re-election after long tenures, contributing significantly during their time.
4. What is the role of the Sustainability Committee?
The Sustainability Committee oversees Shell's environmental tactics and sustainability initiatives to align with corporate goals.
5. How often does Shell conduct Board appointments?
Shell regularly reviews and appoints board members, with significant appointments being subject to shareholder approval at the Annual General Meeting.
