complaint filed by CNBC’s Hadley Gamble alleging sexual harassment, earned a total compensation package in 2022 that reached $21.01 million, compared with $21.6 million in 2021 and $16.5 million in 2020.
The 2022 package included a $2.5 million base salary, $6.61 million in stock awards, $4.19 million in option awards, $7.5 million in non-equity incentive plan compensation, which represent annual performance-based bonuses, and $215,130 in “other compensation,” including $202,755 for Shell’s personal use of the company-provided aircraft.“As previously disclosed, Mr.
Shell’s employment was terminated with cause on April 23, 2023,” the media conglomerate stated in a filing with the Securities and Exchange Commission on Friday. “As a result, he did not receive any supplemental payments or benefits in connection with his termination.
He will receive only his accrued but unpaid base salary and vacation time, vested employee benefits and reimbursement for any unreimbursed business expenses in accordance with his employment agreement.
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