Shell tapped Charles O. Holliday to serve as its new chairman Thursday.
The appointment will be effective at the conclusion of the company’s 2015 annual general meeting subject to his re-appointment as a director of the company by shareholders at the meeting
He will succeed Jorma Ollila who will step down from the board after serving as chairman for nine years.
Holliday, 66, was appointed a non-executive director at Shell in September 2010 and is currently chairman of the corporate and social responsibility committee and a member of the remuneration committee.
He served as CEO of DuPont from 1998 to 2009 and as chairman from 1999 to 2009.
He is also a member of the board of directors of Bank of America, having previously served as that company’s chairman until September 2014, and is also a director of Deere & Company.
“I am honored to be appointed Chairman of this great company, and I look forward to working with Ben van Beurden and the whole Board to deliver the strategy,” Holliday said.