Royal Dutch Shell Plc plans to retain four senior executives from BG Group Plc after the merger between the two oil and gas groups completes next year, according to an internal memo sent on Monday.
The announcement comes less than two weeks after Shell revealed organizational changes as it prepares for its biggest ever takeover, valued at $70 billion when it was first disclosed in April.
In the internal memo, Shell said BG Chief Operating Officer Sami Iskander will become executive vice president for joint ventures once the merger completes. Steve Hill, currently BG’s head of trading, will become executive vice-president for gas and energy marketing and trading at the combined group, while Tom Melbye Eide, BG’s general counsel, will be Shell’s general counsel for upstream.

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