Shell CEO Pay Soars 60% to £13.8M as Annual Report Set for May 19 AGM
Shell plc published its 2025 Annual Report and Accounts, to be tabled at the May 19, 2026 AGM and filed its Form 20-F with the SEC. CEO Wael Sawan's remuneration rose 60% year-on-year to £13.8 million ($18.5 million) for 2025.
1. Annual Report Publication
Shell plc released its 2025 Annual Report and Accounts on March 12, 2026, detailing full-year financial disclosures for the year ended December 31, 2025. The report has been submitted for shareholder approval at the Annual General Meeting on May 19, 2026, and Shell filed its Form 20-F with the US Securities and Exchange Commission the same day.
2. CEO Compensation Increase
Chief Executive Wael Sawan received a total pay package of £13.8 million ($18.5 million) for 2025, up 60% from £8.6 million in 2024. The increase stems from higher performance-based bonuses and accelerated share awards granted for 2025.