Shell Canada

Shell Canada

Infobox_Company
company_name = Shell Canada
company_
company_type = Integrated
company_slogan = "Belief in People, Trust, Excellence, Alignment"
foundation = Montréal, Quebec (1911)
location = Calgary, Alberta since 1984
key_people = David Collyer, President & CEO
Derek Burney, Chairman
revenue = (2005)
industry = Oil and Gasoline
num_employees =
parent = Royal Dutch Shell
products = Petrochemical products and sales
homepage = [http://www.shell.ca Shell.ca]

Shell Canada Limited is the subsidiary of Europe-based Royal Dutch Shell and one of Canada's largest integrated oil companies. Exploration and production of oil, natural gas and sulphur is a major part of its business, as well as the marketing of gasoline and related products through the company's approximately 1,800 stations across Canada. The corporation's head offices are in Calgary.

tock acquisition by Royal Dutch Shell

Shell Canada is part of the Royal Dutch Shell Group, but its shares were originally independently traded on the Toronto Stock Exchange. The company was 78% owned by Royal Dutch Shell which in 2006 launched an $8.7-billion takeover of the 22% of Shell Canada that it didn't own. In March 2007 the shareholders of Shell Canada Ltd. accepted a $45.00 per share cash offer from Royal Dutch Shell Plc. [ [http://www.tsx.com/en/news_events/news_releases/3-19-2007_TSX-IndexNotice-SHC.html TSX News Release - 3/19/2007] ] This acquisition was primarily driven by the desire to take a larger stake in unconventional resources, specifically the oil sands. The move was unanimously approved by the independent members of the Board of Directors (Sang Bong and associates). [ [http://business.guardian.co.uk/story/0,,1997095,00.html?81%3A+Guardian+business+daily+-+do+not+use The Guardian] ] In 2003 Royal Dutch Shell had appointed a British executive, and former Chairman of Shell in the UK, Clive Mather as president and CEO of Shell Canada.

As a consequence of the acquisition by Royal Dutch Shell of Shell Canada’s stock all executives holding stock options benefitted. Shell Canada announced on Mr Mather’s retirement from the company shortly after the acquisition was completed that his total pay package for his final year (2007-07) was $4.9-million Including bonuses, stock options and pension contributions and that on leaving the company, Mr. Mather was additionally eligible for a lump sum payment equal to his annual gross salary. His total benefit in that year was, therefore $9.8 million of which some $5 million was from exercised stock options [ [http://www.shell.com/static//ca-en/downloads/investor/annual_reports/aif.pdf Shell annual report] ] , making him one of the highest remunerated employees in Royal Dutch Shell.

Management & Employees

Current members of the board of directors of Shell Canada Limited are: Sang Bong Lee- CEORobert Routs- Chair, W. Adrian Loader, Brian Straub, Greg Guidry, Gerard Paulides and David Collyer.

In 2007, Shell Canada was named one of Canada's Top 100 Employers, as published in Maclean's magazine, the only fully-integrated energy firm named. [cite web|url=http://www.eluta.ca/einfo?en=Shell+Canada+Limited&ri=147d2ddcca6ea2c7b211f5f9696a3407&rk=122fb08ed0dcfa736057949c17f25476|title=Canada's Top 100 Employers 2007, Reasons for Selection]

ee also

*Canadian Environment Awards

External links

Main

* [http://www.shell.ca Shell Canada official website]
* [http://www.shell.com Shell.com - The Royal Dutch/Shell Group of Companies]

References

Wikimedia Foundation. 2010.

Игры ⚽ Поможем написать реферат

Look at other dictionaries:

  • Shell Canada — Logo de Shell Canada Création 1911 Personnages clés Clive Mather, Président CEO De …   Wikipédia en Français

  • Shell Canada Ltd. — Shell Canada Ltd. Logo de Shell Canada Limited Création 1911 Personnages clés Clive Mather, Président CEO …   Wikipédia en Français

  • Shell Canada lawsuit — The Shell Canada Lawsuit was a class action suit filed against Shell Canada Limited on July 18, 2003, on behalf of customers who purchased Bronze (regular grade) gasoline products, to which Shell Canada added an additive , between March 1, 2001… …   Wikipedia

  • Montreal East Refinery (Shell Canada) — Montreal East Refinery View of the Distillation of crude oil unit (now defunct) from the Sherbrooke East street …   Wikipedia

  • Oakville Refinery (Shell Canada) — Not to be confused with Oakville Refinery. Shell Oakville Refinery Country Canada Province Ontario City Oakville Refinery details …   Wikipedia

  • Thirst Buster (Shell Canada) — Thirst Buster is a frosty, non alcoholic, slushy beverage available at Shell Canada gas stations. It is available in various flavors.Thirst Busters are made using a mixture of syrup, frozen water, and carbon dioxide. The ingredients are fed into… …   Wikipedia

  • Shell — may refer to * Animal shell, or exoskeleton, including those of molluscs, turtles, insects and crustaceans * Seashell, the shells of various marine animals, especially marine mollusks * Eggshell, the outer covering of a hard shelled eggAny more… …   Wikipedia

  • Shell Oil — can refer to one of the following: *Royal Dutch Shell, one of the world s leading energy companies, based in the Netherlands and the UK **Shell Canada, in which Royal Dutch Shell has a majority share **Shell Nigeria, a joint venture operated by… …   Wikipedia

  • Canada's Top 100 Employers — is an annual competition that recognizes the best places in Canada to work. First held in 1999, the project aims to single out the employers that lead their industries in offering exceptional working conditions and progressive human resources… …   Wikipedia

  • Canada at the 1930 British Empire Games — Flag of Canada Canada at the 1930 British Empire Games was abbreviated CAN. Canada was the host country for the inaugural games, which were held at Hamilton, Ontario, and was one of only eleven countries to be represented at the inaugural Games.… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”