Business Context and Reporting Period
This Form 6-K filing by Royal Dutch Shell plc, dated March 10, 2017, reports on corporate governance changes announced to the London Stock Exchange on March 9, 2017. The filing details updates to the membership of the company's Board Committees.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is strictly limited to board committee appointments and departures and contains no financial performance data.
Material Changes
The material changes reported are personnel shifts within the Board Committees:
- Audit Committee: Gerrit Zalm appointed; Guy Elliott stepped down.
- Corporate and Social Responsibility Committee: Guy Elliott appointed; Patricia Woertz stepping down effective after the 2017 Annual General Meeting.
- Remuneration Committee: Sir Nigel Sheinwald appointed effective May 24, 2017; Patricia Woertz stepping down effective after the 2017 Annual General Meeting.
Guidance, Outlook, and Risks
The filing does not contain financial guidance, outlook, management commentary on operations, or specific risk factors. It notes that Patricia Woertz has notified the Company of her intention to retire as a Director and not seek reappointment at the 2017 Annual General Meeting.
Key Facts for Investor Verification
- Patricia Woertz is retiring as a Director and will not seek reappointment at the 2017 Annual General Meeting.
- Sir Nigel Sheinwald's appointment to the Remuneration Committee is effective May 24, 2017.
- Gerrit Zalm has joined the Audit Committee, replacing Guy Elliott.
- Guy Elliott has moved from the Audit Committee to the Corporate and Social Responsibility Committee.