Shell’s chief executive is on course to become one of the best-paid executives on the London Stock Exchange as his company’s move away from green energy pays off.

Shell will reduce its Executive Committee to eight members following the departure of Projects and Technology President Robin Mooldijk as the company completes a major organisational simplification.

Shell announced changes to its executive committee in a statement posted on its website this week. “We have made significant progress against our previously announced plan to integrate the technical ...