Changes in Shell nominated directors of Woodside Petroleum Ltd
Feb. 21, 2011
Tan Sri Dato’ Megat Zaharuddin (Din Megat) and Ian Robertson have indicated they will retire as Directors of Woodside Petroleum Ltd at Woodside’s Annual General Meeting to be held on 20 April 2011.
Din and Ian have been two of Shell’s three nominated non-executive directors since December 2007 and June 2008, respectively.
The reduction in Shell’s holding in Woodside from 34.27% to 24.27% in November 2010, has resulted in the number of Shell-nominated directors on Woodside’s Board decreasing from three to two. Andrew Jamieson will remain as Shell’s other nominated director on the Woodside Board. Dr Jamieson is an independent non-executive director.
Shell will nominate a new director to the Woodside Board in Q2 2011.