Royal Dutch Shell's CEO Took a 51.4% Pay Cut in 2019
2019 was tough for shareholders of oil major Royal Dutch Shell (NYSE: RDS.A) (NYSE: RDS.B). Shares rose just 1.2% for the year, badly lagging the performance of the S&P 500.
However, it was an even worse year for CEO Ben Van Beurden, whose total compensation for 2019 was less than half what it was in 2018, due to an increase in safety incidents and missed financial benchmarks.
Underperformance in 2019 took a bite out of Shell CEO Ben Van Beurden's compensation package. Image source: Getty Images.
Source Fool.com
