Link: Shell fiasco haunts KPMG
Details of the merger were unveiled yesterday, and have been worked on for six months by four big investment banks alongside Shell’s team of lawyers, accountants and advisors.
Investors welcomed the long-awaited restructuring, which will see the new, unified company run from the Netherlands by a Dutch chairman and a Dutch chief executive.
The overhaul was forced on Shell by pressure from investors after the reserves scandal which broke in January.
The merger will create a unified business with a stock market value of £105bn – making it the second-biggest company on the London market.
Richard Cartwright becomes the new head, taking over from incumbent head of office David Lemon
Brian Burke, business development director, has moved within the firm to 'develop Quantuma’s networks with Sussex professional firms'
Stephen Mills joins the Manchester office from IBM, where he spent 12 years as an associate partner in the data, analytics and cognitive consulting group
Rupert Guppy will be responsible for capital allowances in the southern region, and joins the firm from specialist consultancy E3 Consulting