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Royal Dutch Shell says Van der Veer to remain CEO until 2009 UPDATE.
(From AFX Europe (Focus))
(Adds details, background)
LONDON (AFX) - Royal Dutch Shell PLC said Jeroen van der Veer will stay on as the Anglo-Dutch oil giant's chief executive until June 30, 2009.
Van der Veer, who is turning 60 in October, became Shell's first CEO following the unification of Shell Transport Trading PLC and Royal Dutch Petroleum NV in 2005.
"Jeroen's decision today provides clarity, and I am most pleased that he will stay on longer, providing valuable continuity and leadership in Shell over the next years," said chairman Jorma Ollila.
Van der Veer led Shell during the toughest times of its century-long history. …
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