Shell CEO’s total pay soars to $25.7m

London: Royal Dutch Shell’s Chief Executive Ben van Beurden will earn a total €24.2 million (Dh94.5 million, $26 million) for 2014, making him one of the highest-earning FTSE 100 bosses despite last year’s sharp fall in oil prices.

Van Beurden’s total pay includes €5.6 million in salary, bonus and shares plus pension and other items, the company said on Thursday. His 2014 compensation, when calculated in British pounds, places him as the second-highest-paid senior executive on the FTSE 100 share index after WPP chief executive Martin Sorrell, whose 2013 pay package reached £29.8 million, according to think tank High Pay Centre. Shell chief financial officer Henry Simon’s total remuneration rose by 46 per cent in 2014 from a year earlier to €6.485 million. Van Beurden was appointed to the top position on January 1, 2014 and his prior year’s salary was not disclosed.