Shell finds new CEO: Internal candidate Ben van Beurden

Royal Dutch Shell has found its next chief executive, replacing Peter Voser after 29 years with the company (release). Ben van Beurden will take the top job from 1 January 2014.

He's been downstream director of the firm since January 2013, and joined Shell in 1983 and according to the company has held "a number of technical and commercial roles in both the Upstream and Downstream businesses. He has worked in The Netherlands, Africa, Malaysia, USA and, most recently, the UK."

Chairman Jorma Ollila:

I am delighted to announce Ben van Beurden as the next Chief Executive Officer of Royal Dutch Shell.

Ben has deep knowledge of the industry and proven executive experience across a range of Shell businesses. Ben will continue to drive and further develop the strategic agenda that we have set out, to generate competitive returns for our shareholders.

Van Beurden's selection came after a comprehensive assessment and review of internal and external candidates led by the Board Nomination and Succession Committee.