Shell CEO’s 2025 Pay Package Could Reach £19M, Up from £14.4M; Share Price Up 22% Since Takeover

Shell’s chief executive, Wael Sawan, is on track to be among the FTSE’s highest-paid executives under proposed 2025 remuneration rules. His total potential pay could rise to £19 million, up from £14.4 million previously, with base salary over £1.5 million, a potential £3.8 million bonus, and stock awards of £13.8 million. The increase reflects a strategic pivot away from green energy toward oil, gas, and grid-scale batteries, with reductions in wind and solar and a focus on gas-fired power. Since taking over in January 2023, Shell shares have risen 22%, outperforming peers like BP (+0.1%) and ExxonMobil (+33%). Shareholder approval for the executive pay policy is due March 12, 2026.