TLDR:
- Shell Ventures managing director Geert van de Wouw is leaving and will be succeeded by Quennie Co.
- Van de Wouw co-founded Shell Ventures in 2012 and helped raise $1.4bn for a new energy transition fund in 2021.
Global Corporate Venturing reported that Geert van de Wouw, a GCV Powerlist member and managing director at Shell Ventures, will be stepping down from his position. He co-founded Shell Ventures in 2012 and played a significant role in the unit’s success, including raising $1.4bn for a new energy transition fund in 2021. Van de Wouw will be succeeded by Quennie Co, the vice president of finance, technology, and innovation at Shell. During his time at Shell Ventures, Van de Wouw supported over 100 entrepreneurs and venture capital funds focused on mitigating climate change and accelerating the energy transition.
Van de Wouw joined Shell International in 2004 and held various executive roles before becoming the managing partner of Shell Ventures. The unit targets startups, scale-ups, spinouts, and VC funds to help Shell adopt mobility and energy transition. Van de Wouw’s departure marks the end of a successful tenure leading Shell Ventures and supporting innovation in the energy sector.
