{"id":404541,"date":"2021-03-12T09:10:48","date_gmt":"2021-03-12T03:40:48","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=404541"},"modified":"2021-03-12T09:39:54","modified_gmt":"2021-03-12T04:09:54","slug":"shell-ceo-takes-large-pay-cut-after-bruising-2020","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/shell-ceo-takes-large-pay-cut-after-bruising-2020\/","title":{"rendered":"Shell CEO takes large pay cut after bruising 2020"},"content":{"rendered":"<p>Royal Dutch Shell Chief Executive Ben van Beurden&#8217;s pay package dropped by 42% to $7 million in 2020, a year in which the coronavirus pandemic pushed the energy company to a historic dividend cut following a collapse in profits. <\/p>\n<p>Van Beurden, who initially oversaw growth in Shell&#8217;s oil and gas output after taking office in 2014, is now leading the Anglo-Dutch company through a shift towards low-carbon energy in an effort to slash greenhouse gas emissions by 2050. <\/p>\n<p>The unprecedented hit to the energy sector last year due to the pandemic, which briefly knocked benchmark US oil prices into negative territory, forced Shell to cut its dividend for the first time since World War Two.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Royal Dutch Shell Chief Executive Ben van Beurden&#8217;s pay package dropped by 42% to $7 million in 2020, a year in which the coronavirus pandemic pushed the energy company to a historic dividend cut following a collapse in profits. Van Beurden, who initially oversaw growth in Shell&#8217;s oil and gas output after taking office in 2014, is now leading the Anglo-Dutch company through a shift towards low-carbon energy in an effort to slash greenhouse gas emissions by 2050. The unprecedented hit to the energy sector last year due to the pandemic, which briefly knocked benchmark US oil prices into negative [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,177],"tags":[],"class_list":["post-404541","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/404541","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=404541"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/404541\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=404541"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=404541"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=404541"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}