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Shell CEO's £14M Pay Rise Sparks Outrage Amid Falling Profits

3/13/2026

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Summary

Story summary

Wael Sawan, Shell's CEO, saw pay rise to nearly £14 million in 2025, up over 60%.
The annual report shows £1.9 million fixed salary and £11.8 million in bonuses.
The rise drew criticism from pay campaigners amid rising energy prices linked to the Middle East conflict.
Shell profits fell to $18.5 billion in 2025 from $23.7 billion in 2024, three consecutive years of declining earnings.

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Story summary

Wael Sawan, Shell's CEO, saw pay rise to nearly £14 million in 2025, up over 60%.
The annual report shows £1.9 million fixed salary and £11.8 million in bonuses.
The rise drew criticism from pay campaigners amid rising energy prices linked to the Middle East conflict.
Shell profits fell to $18.5 billion in 2025 from $23.7 billion in 2024, three consecutive years of declining earnings.