Shell announced Wednesday that Marvin Odum, Unconventional Resources Director and US Country Chair, will leave the Anglo-Dutch major at the end of March.
Shell announced other measures it is taking in order to simplify its structure. Its Athabasca Oil Sands Project and Scotford Upgrader in Canada will join the global Downstream organisation under Downstream Director, John Abbott. The Shale Resources business will join the global Upstream organisation under Upstream Director, Andy Brown.
Marvin Odum will step down after a 34-year career with Shell
Due to these changes, Shell said its “Unconventional Resources Directorate will cease to exist.” The decision to shutter the unconventional division is the latest manifestation of the significant changes being made by the supermajor.
Wednesday’s announcement is in line with Shell’s previously revealed upstreamrestructuring plan amid its takeover of BG Group, completed earlier this month. Shell said in November that it planned to consolidate its offices and its administration structure upon completion of its takeover of BG. “Shell expects the restructuring will be required to achieve the expected benefits of the recommended combination, including previously disclosed and reported-on pretax synergies of $3.5 billion,” Shell said on December 14.
Odum’s replacement as Shell’s US Country Chair and President of Shell Oil Company will be Bruce Culpepper, currently Executive Vice President HR, Unconventional Resources and Regional Coordination. His new role takes effect April 1, 2016. Culpepper, who is a US citizen and has worked for Shell for over three decades, “will continue the company’s advocacy in the U.S. on a wide range of energy policy issues.”
Marvin Odum joined Shell as an engineer in 1982. Since then, he has held a number of commercial and technical leadership roles in the company. Since 2008, he has been U.S. Country Chair and President of Shell Oil Company. He joined Royal Dutch Shell’s Executive Committee as Upstream Americas Director in July 2009.
Shell CEO Ben van Beurden said, “Marvin has had a long and distinguished Shell career and I’m grateful to him for the central role he’s played in the company’s success. He leaves our important businesses in the Americas well positioned for the next phase of their development.”