Royal Dutch Shell's global refining ops head Lori Ryerkerk to step down

Ryerkerk played a key part in the transformation of Shell's refining operations in recent years into a major cash generator

Crude, crude oil, oil
Reuters London
Last Updated : Aug 13 2018 | 3:40 PM IST

The head of Royal Dutch Shell's global refining operations Lori Ryerkerk will step down at the end of the month after five years in a job where she oversaw a vast overhaul of the business, according to an internal memo seen by Reuters.   

Ryerkerk will be succeeded by Robin Mooldijk, who currently serves as Vice-President Manufacturing Americas, responsible for the Anglo-Dutch company's refining and chemical plants in the United States, Canada and Argentina. 

Ryerkerk played a key part in the transformation of Shell's refining operations in recent years into a major cash generator, particularly during the 2014-2016 market downturn. 

That included the dissolution of the Motiva joint venture with Saudi Aramco last year, which saw Shell sell its stake in the Port Arthur, Texas, refinery to become sole owner of the Norco and Convent refineries in Louisiana.

Shell sold other refineries in recent years to create three major hubs in the US Gulf Coast, Rotterdam and Singapore.

Shell today operates 14 refineries in eight different countries with a capacity of 2.9 million barrels per day.

Before joining Shell in 2010, Ryerkerk worked in refining for Exxon Mobil for 24 years, and at Hess Corporation.  

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 13 2018 | 3:40 PM IST

Next Story