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International Business Times UK
International Business Times UK
Business
Jim Manzon

Shell CEO Wael Sawan's Pay Jumps 60% to £13.8M Despite 22% Profit Slide — and He Seeks an Even Bigger Bonus Next Year

Sawan's pay increase comes amid soaring oil prices and rising household energy costs. (Credit: Shell)

Shell chief executive Wael Sawan took home £13.8 million ($18.4 million) in 2025, a 60% jump from the previous year, even as the oil giant's profits fell by more than a fifth and four workers died in workplace accidents.

The FTSE 100 company's annual report, published on Thursday, showed Sawan received £1.9 million ($2.5 million) in salary, pension, and benefits, plus £2.76 million ($3.6 million) in annual bonuses and £9.1 million ($12.1 million) in long-term share awards.

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