Shell announces Cyrus Taraporevala to join its Board as Non-Executive Director

– UK, London –  Shell plc (LON: SHEL) today announced the appointment of Cyrus Taraporevala to its Board as a Non-executive Director, effective March 2, 2023.

“Cyrus will bring a deep understanding of global financial markets and sharp insights into the needs of shareholders, thanks to a highly successful international career in asset management spanning more than 30 years. I am especially impressed by his track record on stewardship and strategic positioning, which has consistently delivered strong outcomes for clients and shareholders. He will be an excellent addition to our Board as we continue to execute our strategy and I look forward to working with him.” said Board Chair, Sir Andrew Mackenzie.

He will also join the Audit Committee.

About Cyrus Taraporevala

Cyrus Taraporevala is currently President and CEO of State Street Global Advisors. He will retire from this role in early December 2022 and will retire from State Street on March 1, 2023.

Cyrus Taraporevala is a highly respected, industry expert in asset management with more than 30 years of experience and is the outgoing CEO of State Street Global Advisors, the fourth largest asset manager globally, with $3.3 trillion under management.

Before joining State Street Global Advisors in 2016, he worked at several asset management firms: Fidelity Investments, BNY Mellon Asset Management, Legg Mason, and Citibank. Earlier in his career, he spent 14 years at McKinsey & Company, including 7 years as a partner.

As a result of these experiences, Cyrus Taraporevala brings a unique mix of strategic perspectives and execution skills. A true citizen of the world, Cyrus has worked and lived in Asia, Europe, and North America throughout his career. Cyrus is one of the most senior professionals in the asset management industry. He has successfully led and grown global businesses of scale and played a critical role in affirming State Street’s reputation as both a stalwart and pioneer within the sector.

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