Bowing to shareholder pressure, the Shell group has agreed to the idea of unifying the Royal Dutch and Shell Group of Companies under a single parent company, Royal Dutch Shell plc. In a statement, the two boards have unanimously agreed to undertake “real reforms” in management and governance structure. The unification will result in one…
COMPANY: Royal Dutch / Shell proposes one company, one board and one CEO
Posted on October 29, 2004 by EnergyAsia