Word: jeroen
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...sanctions on foreign companies that invest more than $20 million a year in Iran's energy sector, and last week Royal Dutch Shell admitted that could put in jeopardy its projected $10 billion investment in an Iranian gas field in cooperation with Spain's Repsol. Shell Chief Executive Jeroen van der Veer said, "I would like to emphasize that we have here quite a dilemma. This is Iran. They are the number two in oil and gas reserves in the world.... But we have all the short-term political concerns...
...When Jeroen van der Veer was thrown into the top job at Royal Dutch Shell, in the midst of a major crisis following disclosures that the company had overstated oil reserves by more than 20%, he scribbled down three key issues to address with his colleagues: "Reserves, keep eye on the business, and culture/structure." But in the eight months since, Van der Veer, 57, has done a lot more than those jotted notes suggest. He has radically overhauled Shell's management and governance structure. After months of discussions with regulators and institutional investors, Shell announced in November the full merger...
...pummeling its stock price and angering shareholders. Regulators on two continents had started investigations. So in early March the board acted, ousting Philip Watts, who had been managing director of the Anglo-Dutch company for almost seven years and chairman since 2001, and replacing him with Jeroen van der Veer, president of Shell's Dutch sister company, Royal Dutch Petroleum. A quick cure for all those headaches...
...plunged deeper into crisis last week as new details emerged about how the Anglo-Dutch oil giant overstated its reserves. But for the moment investors don't seem to care. Shell's stock barely budged after a report in the New York Times alleged that the newly appointed chairman, Jeroen van der Veer, was one of several executives who may have known about the reserves shortage two years before the company cut its official estimate by 20% in January. Even a deepening investigation by the U.S. Securities and Exchange Commission failed to spark a sell-off. The reason: after...
...Gore-like Jesus, who stiffly recites scriptural lines and whose chief means of showing emotion is shouting. He may laugh and cry, but so rigidly and unnaturally you end up hoping for a reappearance by the comparatively interesting Satan--played by both a woman (Manuela Ruggeri) and a man (Jeroen Krabbe)--who taunts Jesus with the atrocities that will be committed in his name...