Shell bosses miss out on bonuses

Oil giant Shell said today that none of the senior executives ousted in the wake of its reserves crisis would receive annual bonuses for 2003.

Shell bosses miss out on bonuses
Fri, 28 May, 2004 - 10:05

Oil giant Shell said today that none of the senior executives ousted in the wake of its reserves crisis would receive annual bonuses for 2003.

The annual reports of the Anglo-Dutch group reveal that former chairman Philip Watts was paid his annual salary of £865,000 (€1.3m) last year.

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