Oil company’s annual results show Ben van Beurden’s remuneration for the year fell to a total of £5m
Royal Dutch Shell cut the pay of its chief executive by more than 40% in 2020 after the oil company plunged to a $20bn (£14.3bn) loss triggered by the steepest ever drop in oil demand during the Covid-19 pandemic.
Ben van Beurden’s total remuneration fell to €5.8m (£5m) last year, compared with about €10m the year before. It is the second consecutive pay cut for the chief executive after his pay packet halved in 2019.