|
|
10 Mar 2004
As a close confidante of former chairman Philip Watts, support for Boynton has taken a large dive, according to sources quoted in the Financial Times.
Boynton, who joined Shell from Polaroid in 2001, was one of the names mentioned when investors called for management changes, following an erroneous booking that resulted in the company, in January, cutting 3.9 billion barrels, or 20%, from the reserves it claimed in US Securities and Exchange Commission filings.
The aftermath of this cut is expected to see Shell also ask for the resignation of several managers. Around 14 US law firms are planning to file class action suits against the group following the reserves restatement.
She is currently one of just a handful of senior executives working in the FTSE100.
You may also like
Search thousands of financial jobs:
Search thousands of financial jobs:
Careers
Search for jobs
Click to search our database of all the latest accountancy roles
Create a profile
Click to set up your profile and let the best recruiters find you
Jobs by email
Sign up to receive regular updates with the latest roles suitable for you
Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
Visitor comments Add your comment