Shell global refining boss Ryerkerk to step down
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.
As Reuters reports based on an internal company memo, Ryerkerk will be succeeded by Robin Mooldijk, currently a vice president 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, turning it 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 and invested billions in upgrading its operations in recent years to create three major hubs in the U.S. Gulf Coast, Rotterdam and Singapore.
Over the past 15 years, Shell has cut refining operations from 51 sites with a capacity of 4.4 million barrel per day (bpd) to 18 sites with 2.9 million bpd, Ryerkerk said in a presentation in March.