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Shell's renewables boss to leave after CEO strategy shift

FILE PHOTO: A view shows a logo of Shell petrol station in South East London

By Ron Bousso

LONDON (Reuters) -Shell's head of renewable generation Thomas Brostrom is leaving the company, a spokesperson said on Friday, weeks after CEO Wael Sawan scaled back its energy transition plans.

Brostrom joined Shell from offshore wind giant Orsted in August 2021 to head offshore wind as the company planned to rapidly grow its wind and solar operations as part of a strategy to cut greenhouse gas emissions under previous CEO Ben van Beurden.

Brostrom quickly became head of renewables in February 2022 after Elisabeth Brinton stepped down less than two years after taking the reins.

Chief Executive Sawan, who took office in January, announced on June 14 a shift back to oil and gas production while paring back investments in renewables following investor pressure to focus on the most profitable businesses.

Sawan also introduced a new structure to the company's top leadership that eliminated Brostrom's role and split it into regions.

"Thomas Brostrøm has elected to leave Shell to pursue an external opportunity," the company said.

He will be succeeded by Greg Joiner, currently VP Shell Energy Australia, as head Shell Energy Europe and Emerging Markets Power. Ajay Shah will lead renewable generation in Asia while Mike Parker will head offshore wind engineering.

(Reporting by Ron Bousso; Editing by Susan Fenton, Barbara Lewis and David Evans)