* Jessica Uhl to replace Simon Henry as CFO on March 9
* Uhl joined Shell in 2004 after working at Enron, Citibank
* Appointment not expected to change priorities - Barclays
* Departure was Henry's own decision - company source
(Adds details, quotes)
By Karolin Schaps
LONDON, Dec 15 Royal Dutch Shell Chief
Financial Officer Simon Henry will step down in March after
seven years in the post and be replaced by Jessica Uhl, a
finance executive in Shell's gas business.
Henry, a 55-year-old Shell veteran, was one of the
executives who oversaw the $54 billion acquisition of BG Group,
which completed in February, and the integration of the gas
company which turned Shell into the world's largest liquefied
natural gas (LNG) trader.
His successor, Jessica Uhl, will take over on March 9. She
joined Shell in 2004 and has worked at Enron in the United
States and Panama, and Citibank. Relatively unknown to the wider
market, Shell said 48-year-old, U.S.-born Uhl was picked after a
review of internal and external candidates.
"Jessica combines an external perspective with broad Shell
experience and is a highly regarded executive," Shell Chief
Executive Ben van Beurden said.
Henry did not disclose why he was leaving, nor what he would
His departure was unlikely to change Shell's financial
priorities in the wake of the BG deal, Barclays analyst Lydia
Shell's London shares were 0.6 percent higher at 1200 GMT.
Uhl will be Shell's second female CFO. Judy Boynton served
as finance director from 2001 to 2004 before leaving following
Shell's admission it had overstated oil reserves.
Henry has worked at Shell for 34 years, including more than
seven as CFO.
"With the BG deal done, the integration complete and Shell's
strategy set it felt like a natural moment for Simon to go,"
said one senior source at the company, adding Henry's departure
was his own decision.
"The board is grateful to Simon for strengthening capital
management and the balance sheet such as to allow the
acquisition of BG and executing that deal," Shell Chairman
Charles Holliday said in a statement.
Shell said Henry would remain available to the company until
June 30, 2017.
(Additional reporting by Ron Bousso; Editing by David Clarke
and Mark Potter)