Shell boss Wael Sawan sees pay jump almost 60% to £13.8m despite profit fall

Shell boss Wael Sawan’s pay package increased to £8.6 million last year despite falling profits (Alamy/PA) -

The boss of Shell saw his pay package jump to £13.8 million for the past year despite delivering lower profits at the oil giant.

It came as the company outlined proposals to revamp its executive pay policy, in a move which would enable its boss to receive even larger bonuses in future years.