Category: step down

Shell CEO to Step Down as Oil Giant Shifts Energy Focus

LONDON—Shell CEO Ben van Beurden is stepping down at the end of 2022 after nine years in charge, the energy giant said Thursday, a change that comes as oil and natural gas companies are under pressure to shift away from fossil fuels even as they see soaring profits from high energy prices. Taking over Jan….

FedEx Corp. Founder Fred Smith Will Step Down as CEO in June

FedEx Corp. said Monday that Fred Smith will step down on June 1 as CEO of the package-delivery company that he founded and be succeeded by the company’s president and chief operating officer. Raj Subramaniam will serve as both CEO and president and Smith will become executive chairman, the package-delivery company said. Smith, 77, started…

Marshall to Step Down as South Australian Liberal Leader after Election Defeat

South Australian (SA) Premier Steven Marshall will step down as Leader of the Liberal Party in the wake of Labor’s election win on Saturday. In a social media post on Sunday, Marshall said it is time for someone else to take the reins and lead the team into the future. “I will step down as Leader…