Wed, Jul 30, 2014, 11:47 PM EDT - U.S. Markets closed

Recent

% | $
Click the to save as a favorite.

Royal Dutch Shell plc Message Board

  • saaaywhat saaaywhat Mar 11, 2006 10:54 PM Flag

    new RDS director?

    LONDON, March 9 /PRNewswire-FirstCall/ -- The Board of Royal Dutch Shell plc (NYSE: RDS.A, NYSE: RDS.B) announce the intended election of Mr Nick Land, currently Chairman of Ernst & Young LLP to replace Sir Peter Burt, who will be retiring as a non-executive director of the Company following the Annual General Meeting of Shareholders on 16 May 2006. The Board will propose to the Annual General Meeting that Mr. Nick Land (58) be appointed as a non-executive director with effect from July 1st, 2006.

    Sir Peter Burt served as a member of the board of The "Shell" Transport and Trading Company Plc from 2002 to 2005 and on the Royal Dutch Shell Board since October 2004. He is now stepping down due to pressure of other commitments.[1]

    Nick Land has been serving as the Chairman and Chief Executive of Ernst & Young LLP[2] and as a member of the Global Executive Board of Ernst & Young Global LLP since 1995 from which positions he will stand down when he retires from the firm on June 30th 2006. Nick Land qualified as an accountant in 1970 and has been a partner since 1978.

    He is a member of the Advisory Board of the Judge Business School and the Finance and Audit Committees of the National Gallery.

    [1] Sir Peter Burt, formerly Governor of the Bank of Scotland, is Chairman of ITV plc and Promethean plc.

    [2] Ernst & Young are not the external auditors of the Company. They do render a number of non-audit services to Royal Dutch Shell companies on an annual basis. Nick Land had no involvement in these services and will step down from all positions at Ernst & Young upon joining the Board of the Company.

 
RDS-B
84.42-1.48(-1.72%)Jul 30 4:02 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.