MarketWael Sawan
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Wael Sawan

Wael Sawan is a Lebanese-Canadian business executive, and the CEO of Shell plc since January 2023.

Early life and education
Sawan was born in Beirut in 1974. He grew up in Dubai, and earned a master's degree in chemical engineering from McGill University in Canada. He has dual Lebanese and Canadian nationality. ==Career==
Career
Sawan joined Shell in 1997 as an engineer with Petroleum Development Oman. Sawan received a pay packet of £7.9 million ($10 million) for 2023, having become chief executive at the start of last year on an annual salary of £1.4 million. Under Sawan Shell has focused on share buybacks with a mission of narrowing the gap with US domiciled energy majors. Shell is currently spending $3.5 billion a quarter on buybacks. Buybacks have run at $3 billion or more for 14 quarters in a row. ==Personal life==
Personal life
Sawan is married to Nicole, and they have three sons. ==References==
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