Appointment comes at a difficult time for oil companies, as slumping crude prices reflect slowing global demand
Royal Dutch Shell has recruited the former chief executive of DuPont and former chairman of Bank of America Charles Holliday as its chairman, to take over from Jorma Ollila, who will step down at the annual meeting in May after nine years in the role.
Holliday, 66, an engineer by education, will be the first American to chair the group, Europes biggest oil company by market value.