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Shell appoints new CFO from April

1 March 2022

The UK major Shell has appointed Sinead Gorman as CFO (pictured below, credit: Shell) with effect from April 1, succeeding Jessica Uhl, it said March 1. Gorman, now the head of finance in Shell’s global upstream business, will join both the Executive Committee and the Board of Directors. Uhl will be available to assist the company until June 30, when she will leave the group after 17 years’ service.

Shell’s chairman, Andrew Mackenzie, said: “I am delighted to welcome Sinead to the leadership of our company. She combines broad finance, trading, new business development and capital projects experience with a deep knowledge of Shell, and a strong commercial and external focus.”

Shell said that Uhl was a key architect of its recent strategic changes, including the simplification of the company’s share structure and the relocation of the corporate headquarters from The Netherlands to the UK earlier this year. However it said she could not move to the UK for the long term for family reasons.

Mackenzie said the Board was “immensely grateful to Jessica for her tremendous contribution to the company over many years, but particularly as CFO and especially during the past two years as we successfully tackled the many challenges presented by the pandemic. She has been instrumental in strengthening Shell’s financial position, putting in place measures to secure the company’s long-term health while delivering industry leading cash flows year on year. Jessica has been an exemplary ambassador for Shell and the company’s strength today is testament to her professionalism, resolve and values-driven leadership.”

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