January 24, 2003
M. Fran Keeth holds both global and regional
positions with Shell. At the global level she
is Executive Vice President, Customer Fulfillment
and Product Business Units, and Deputy CEO for
Shell Chemicals Limited. At the regional level
she is President and CEO of Shell Chemical L.P.,
a U.S. operating company. Shell's global chemicals
businesses are among the largest petrochemical
operations in the world. They comprise one of
the five core businesses of the Royal Dutch/Shell
Group - the others being Exploration and Production,
Oil Products, Gas and Power Generation and Renewables.
Shell Group companies operate in 135 countries
and employ more than 90,000 people worldwide.
Fran joined Shell Oil Company in 1970, where she held positions of increasing responsibility
in the Head Office Finance and Tax departments. In 1988, she assumed the position of Assistant
General Counsel, Litigation and Research. She was named General Manager, Auditing, in 1989,
and General Manager, Products Finance, in 1991. In 1992, she moved to London to handle a series
of assignments in Shell International Petroleum Company as Deputy Group Controller, Area
Coordinator for the Far East, and Finance Manager, Oil Products. Fran left Shell to join Mobil
Corporation as Controller and Principal Accounting Officer in 1996. She returned a year later to
assume the position of Executive Vice President, Finance and Business Systems, for Shell Chemicals
Limited. She was appointed to her current position in 2001. As part of her current role, Fran
sits on the boards of Basell, a 50/50 polyolefin joint venture between Shell and BASF; CNOOC and Shell
Petrochemical Company Limited, a 50/50 Chinese petrochemical joint venture; and Infineum, a 50/50
additives joint venture with ExxonMobil. Additionally, she is a chairperson of Elemica, an industrywide
ERP-to-ERP solutions company.
Fran holds a bachelor's degree in accounting, an MBA and a JD degree from the University of Houston
in Texas. She is the first woman to head a major U.S. chemical company, and was recently named one
of the 50 most powerful women in business in the United States by Fortune Magazine.
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