Shell Names BofA’s Holliday as its First American Chairman

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Royal Dutch Shell Plc appointed former DuPont Co. boss and Bank of America Corp. executive Charles Holliday as chairman, the first American to head the board of Europe’s biggest oil company

A non-executive director since 2010, Holliday is a member of the remuneration committee, Shell said today in a statement. He replaces Jorma Ollila, who steps down after serving as chairman for nine years. His term will start after next year’s annual general meeting.