Word: groups
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Dates: during 1960-1960
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Channel Flights. Loudon's visas add up to a record of accomplishment. In Venezuela, where he was once the Group's manager, he is credited with persuading the company to become one of the first (along with Créole Petróleum) to adopt the new fifty-fifty profit plan later adopted by the entire oil industry. In Iran, he helped head the international consortium in negotiations in 1954 after Premier Mossadegh nationalized the oil industry. Generally, Loudon prefers to leave most of the on-the-spot negotiating to local managers. Says he: "By comparison, they...
Policy Changes. John Hugo Loudon was a natural candidate for the Group's exclusive club. His grandfather was once Governor General of the Dutch East In dies, his uncle Holland's Foreign Minister in World War I. His father. Hugo Loudon, broke the family's civil service tradition to study civil engineering, became one of the early pioneers of Royal Dutch and later a managing director and chairman...
...Lake Maracaibo, and then returned to Holland to marry his college sweetheart, Marie van Tuyll, the slim, at tractive daughter of an aristocratic Dutch family. Reassigned to the U.S.. he worked in Boston, Houston (where his two oldest sons were born) and Los Angeles, gradually advancing in the Group's ranks...
...general manager for Venezuela (in 1944, when only 38). There he saw nationalistic feelings developing, changed company policy to make it more sympathetic. For his performance in Venezuela, he was picked for the managing directors' inner sanctum, returned to London in 1947. Put in charge of coordinating the Group's widespread production and exploration, he guided it through the postwar turmoil and rebuilding. In 1957 he took over leadership of the Group...
Cricket Blues. Today Loudon rules over 250,000 employees spread throughout an empire that includes wells in 17 countries, 47 refineries, the world's biggest tanker fleet (551 ships), and interests in oil companies in 76 lands. The Group is - due in large part to his efforts - perhaps the most international group in the business world. At the last budget meeting a Swiss reported on manufacturing, a Frenchman on marketing, an American on finance, a Dutchman on exploration and production. The coordinator (a favorite Shell title) was British. Before the war the Group hired only a few foreigners...