Shell finance chief Simon Henry to leave after 30 years with the oil major

 
Caitlin Morrison
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Simon Henry, Chief Operating Officer of
Shell's Simon Henry is leaving the group after 30 years (Source: Getty)

Royal Dutch Shell announced today that finance chief Simon Henry will step down in March 2017, to be replaced by Jessica Uhl.

Henry - who was appointed to the Lloyds Bank board in 2014 - has been with Shell for over 30 years, and has been chief financial officer for seven.

"I have been privileged to spend the past 34 years working with great colleagues, in a great company," said Henry.

"Together we have made a difference in an industry that really matters to so many people around the world. I wish Jessica every success in the role, and am confident that she and Shell will deliver a world class investment, in the most responsible and sustainable way."

Shell chair Charles Holliday said: "The board is grateful to Simon for strengthening capital management and the balance sheet such as to allow the acquisition of BG and executing that deal. His leadership in integrating the two companies and in re-orienting our strategy leaves us a financially stronger company. When he leaves our board, it will be with our very best wishes."

Uhl joined Shell in 2004, and is currently executive vice president, finance for the integrated gas business.

Shell boss Ben van Beurden said: "Jessica combines an external perspective with broad Shell experience and is a highly regarded executive with a track record of delivering key business objectives from cost leadership in complex operations to M&A delivery.

"I am delighted to welcome Jessica to the leadership of our company. I look forward to working with her in assuring its financial success as we execute our strategy to re-shape Shell."

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