Shell makes changes to executive committee

Shell plc has made additional changes to its executive committee and leadership structure.

Cederic Cremers has been appointed president, integrated gas, and Peter Costello has been appointed president, upstream. Both will join the executive committee, effective Apr. 1, 2025. 
Cremers was appointed executive vice-president, liquefied natural gas in August 2021, a role that was expanded in 2024 to include Shell’s gas to liquids assets. He joined Shell in 2002 and has held a variety of finance and commercial roles across Shell upstream and downstream businesses. 

Costello was appointed executive vice-president, conventional oil and gas in November 2021 after serving as senior vice-president of that same business. He joined Shell in 2016.
Integrated gas and upstream director Zoë Yujnovich will step down, effective Mar. 31, 2025, after more than a decade of service with Shell.  

The move is part of Shell’s strategy to simplify its business, said chief executive officer Wael Sawan. 

“Now is the right time to begin the next phase of our transformation. Going forward, we will delayer our most senior leadership structure to reflect the three primary areas of business value – Integrated Gas; Upstream; and Downstream, Renewables and Energy Solutions, whilst also elevating Trading and Supply, which is a key enabler across the organization,” he said. 
In first-half 2026, Shell also will integrate technical divisions that make up Projects and Technology directorate into the business lines.

“This further simplification will empower our businesses by bringing these technical capabilities closer to where we generate value,” he continued.