The head of the FTSE 100’s most valuable company joins the list of departees from constituents on London’s top-tier stock index
(Picture: Benoit Tessier/Reuters)Almost one-fifth of the chief executives at FTSE 100 companies have announced plans to step down from the top jobs this year, with Ben van Beurden’s resignation at Shell taking the number of outgoing CEOs up to 18.
The 64-year-old company lifer’s departure after almost a decade in charge was less of a surprise than the previous such announcement from a FTSE 100 constituent. Reckitt Benckiser’s shares took a hit earlier this month on news of Laxman Narasimhan‘s departure after only three years at the helm. The consumer goods giant is still looking for a long-term successor as Narasimhan heads back to his native US to run Starbucks, the global coffee chain.
