GCV Powerlist member and Shell Ventures managing director Geert van de Wouw will be succeeded by Quennie Co from September.
Geert van de Wouw, who co-founded Shell Ventures in 2012, is set to depart the corporate venture capital arm of the Anglo-Dutch oil and gas producer.
While Van de Wouw did not disclose his next steps, he said in a LinkedIn post that Quennie Co, the Houston-based vice president of finance, technology and innovation at Shell, will succeed him at the CVC unit from September 1.
Van de Wouw joined Shell International in 2004, where he held multiple executive roles involving business development, enterprise supplier management and commercial joint ventures.
He became managing partner of Shell Ventures in 2012, having launched the unit alongside chief investment officer Robert Linck and Peter van Giessel, who was principal at the time before being promoted to partner in 2017.
Shell Ventures targets startups, scale-ups, spinouts and VC funds to help Shell adopt mobility and energy transition. Its team members are based across the US, Europe, India and China. The unit raised $1.4bn in 2021 for a new energy transition fund.
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During his time at Shell Ventures, Van de Wouw was included on the GCV Powerlist every year from 2013, most recently in the 2024 edition.
“The last 12 years leading Shell Ventures…has allowed me to support more than 100 entrepreneurs and venture capital funds who are working tirelessly to mitigate climate change and to accelerate the energy transition,” Van de Wouw said.
GCV Connect: Houston 2024
If you’d like to connect with energy transition-focused CVCs, apply to join the invitation-only GCV Connect: Houston, which will take place on September 11.
