Shell reduced its President’s compensation by more than 4 times in 2015

In 2015 Royal Dutch Shell oil company paid its President Ben van Berden less compensation against 2014, reads the company’s annual report.

            Shell’s report reads that in 2015 van Berden’s compensation was 5,576 million Euro against 24,198 million Euro a year earlier.

            As many other oil and gas companies, Shell has faced a significant reduction of profit caused by reduction of oil prices. In 2015 the company’s net profit dropped by 7.6 times against 2014 and totaled $1.94 billion.