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The head of the board of directors of Royal Dutch Shell for the first time became an American
The Board of Directors of Royal Dutch Shell has announced that it will be chaired by American Charles Holiday. He will replace Jorm Ollil, who will retire in 2015 after 9 years in this position. According to the company's press release, this decision has yet to be approved at the 2015 annual meeting of shareholders.
In 2010, Holiday became an independent director of Shell, and currently chairs the corporate and social responsibility committee and is also a member of the remuneration committee. Until September 2014, he was the chairman of the board of directors of Bank of America, and from 1998 to 2009 he served as the chief executive of DuPont.
The Shell concern is one of the world leaders in the energy and petrochemical industry. Shell's oil and gas projects in Russia include the development of fields offshore Sakhalin Island as part of the Sakhalin II project jointly with Gazprom, Mitsui and Mitsubishi. With Shell's participation, the first liquefied natural gas (LNG) plant in Russia was built on Sakhalin, which began operations in 2.