Most recently she was Executive Vice President for Shells Conventional Oil & Gas business with operations in 19 countries. This new structure was created with the aim of reducing costs and making us a more competitive organisation that is agile and better able to respond to customers. Shell also indicated earlier this year that it wanted to make a final investment decision on the Surat Basin project but progress had been made more difficult by Queenslands decision to lift state royalties. While balancing cash-generating fossil fuels and emissions wont get any easier, Sawan looks the best placed to try. This shows in the increase in the number of completions and the corresponding rise in training person days(TPD) of 37,000 compared with 2020. Zoe Yujnovich is executive vice-president of heavy oil at Shell Canada Ltd. One of the reasons I love the industry that I work for is the opportunity to experience different parts of the. 52, has been on Shell's executive committee since January 2016 as its head of integrated gas . As a result of different notice periods in various markets, people are continuing to leave until the end of 2022. We provide our people with what they need to work in our offices and other locations, with flexibility for staff based on their reasonable business and personal needs. We do not tolerate the direct or indirect offer, payment, solicitation oracceptance of bribes in any form. Most recently, she served as Executive Vice President Conventional Oil & Gas and was previously Chair and Executive Vice President Shell Australia Pty Ltd. She joined Shell from Rio Tinto in 2014 to lead the companys Oil Sands business in Canada. She started her career as a civil engineer before moving into finance roles when she joined Shell in 1999. Zoe Yujnovich, the current director of upstream, will head up a new directorate that combines the Integrated Gas and Upstream businesses. Shell's board succession committee, headed by Chairman Andrew Mackenzie, has met several times in recent months to draw up plans for van Beurden's departure and interview potential successors to the 64-year-old Dutchman, the sources told Reuters. The new division, which combines Shell's most profitable operations, will be headed by current upstream director Zoe Yujnovich, the company said in a statement on Monday. We pay particular attention to our due diligence procedures when dealing with third parties. He previously served as Shells UK Country Chair. The increase was caused by the rise in the availability of virtual courses as we rapidly digitalised, enabling people toattend virtually. The Business Integrity Department isaspecialist investigative unit within Shell Internal Audit that is responsible for managing the Shell Global Helpline and the Group level incident management procedures. Looking back now, I certainly didn't have that in university. The Shell People Survey is one of the principal tools used to measure employee engagement, motivation, affiliation and commitment to Shell. As a woman in a male-dominated sector, I've had a very positive experience. Our workplace accessibility (WPA) service currently serves 86 locations globally. Zoe Yujnovich became executive vice president and country chair of the Shell companies in Australia in April 2017, and will take over as executive vice president of conventional oil & gas and be based at The Hague in January 2020. She joined Rio Tinto in 1996, after obtaining an engineering degree from the University of Western Australia, where she held roles including company president in Brazil and chief executive of the Iron Ore Company of Canada. See Note 22 to the Consolidated Financial Statements. In 2020, we created the Shell Diversity and Inclusion (D&I) Council for Race, supported by a20-member Employee Advisory Board composed of members from adiverse mix of racial and ethnic backgrounds. This interview has been edited and condensed. For 2020, 11.25% of the award was linked to the FCF measure and 5% was linked to an energy transition measure. Shellis working towards achieving 35% representation of women inoursenior leadership positions by 2025 and 40% by 2030. Ms Yujnovich will take up a key role in shaping Shells future in conventional oil and gas across 18 countries, excluding Australia, from January. Integrated Gas, Renewables and Energy Solutions Director until October 2021 (appointed January 2016). 6:30PM October 4, 2019. Employees who are about to leave typically have a lower response rate than those who plan to stay with a company. This total consisted of employees at Shell and employees at certainUpstream, Downstream and Renewables and Energy Solutions companies that operate more autonomously than other Shell subsidiaries and maintain their own HR systems. One of the things that strikes me is just the generosity and the care in Canadian people. She has led Shell Australia for the past three years and in that time the company commissioned the $US10 billion ($14.8 billion) Prelude floating LNG facility. But I have found, and have come to appreciate, that for some, they gain energy from a walk in the park, or from visiting an art gallery, or from spending time with their kids or their family. View whole Malaysia gas station latest petrol prices, address, openning hours, videos, photos, reviews, location, news on WapCar. Leading the pack is former Shell Australia chairwoman Zoe Yujnovich, now a heavy hitter at the energy giant's global headquarters in The Hague where she heads the worldwide conventional oil and . In 2008, he was appointed Head of Legal at Shell Singapore, having served as Associate General Counsel for Gas & Power in Asia-Pacific. Venture capitalists swap Paris Hilton for Al Gore, US blacklisting is no match for TikTok virality, Theres hope beyond moaning for European telcos, Adani contrarian is a win for Hindenburg, too, Exclusive news, data and analytics for financial market professionals. From 2017 no further grants weremade under this plan. Shell in the UK was one of the first FTSE 100 companies to voluntarilypublish ethnicity pay gap data in November 2020. Shell said Godson Njoku, currently executive vice-president of production support and excellence, would step into Mr Nunan's role as vice-president east (Australia). Shell also acquired business electricity retailer ERM Power in a $617 million deal in August that provided evidence it was serious about launching into the broader energy retailing market in the eastern states . We also seek to provide what they need if they areworking remotely. He joined Shell in 1988 and has held various HR positions across the Shell value chain, including regional roles in Europe and NE Asia/China, and global roles in HR Strategy & Regional Coordination, Retail and LPG. In August, we launched our new organisational structure as part of the Reshape initiative. Zoe Yujnovich, who heads oil exploration, and Sinead Gorman, who recently joined as chief financial officer, are both well thought of. Our ambition is to become one of the most diverse and inclusive organisations in the world, a place where everyone including employees, customers, partners and suppliers feels valued and respected and has a strong sense of belonging. A Dutch court has ordered it to slash its 1.6 billion tonnes of annual emissions by 2030, which requires offloading its most polluting operations. LNG, in which Shell has a leading 20% market share, could be the key driver of its medium-term valuation given energy security concerns. The proportion of voluntary resignations in Shell was 4.4% in 2021 compared with 2.6% in 2020. By contrast, Canadian Wael Sawan looks ideal. We felt really at home here in Calgary, of course we miss Montreal, but Canada is a wonderful country to live in. He joined Shell in 1995 and led many Downstream businesses across Shell in Europe, Africa, North and South America, and Asia. In 2021, there were 1,479 entries to the Shell Global Helpline: 1,177allegations and 302 inquiries. The remaining 33.75% was linked to the comparative performance condition. Australian Petroleum Production and Exploration Association, Executive Vice President & Country Chair of Shell Australia, Executive Vice President, Oil Sands Operations. But the things I don't know about are blind spots that have the potential to really create concern. Shell has opted to shake up its leadership ranks in Australia as it beds down the recent acquisition of ERM Power and faces key investment decisions on multibillion-dollar gas projects. Ms Yujnovich said on Friday that Australia was central to Shells LNG business and for its plans to move into providing cleaner energy. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Gemarkeerd als interessant door Zoe Yujnovich Neem nu deel om alle activiteiten te bekijken Ervaring Shell 8 jaar 5 maanden Upstream Director Shell okt. Now, I actually really value listening to others before I speak. As ethnicity declaration is voluntary, our ethnicity declaration rate is not 100% and all calculations are based on a declaration rate of 81%. The forum now has 14 chapters globally. Watch and listen to a variety of WA true crime series, video channels and podcasts with commentary on news, politics and current affairs. We aim to meet or exceed the target set by the external, UK-based Hampton-Alexander Review of having 33% female Board membership,progressing towards 50% or more representation. Huibert Vigeveno, the current downstream director, will . While she admits to "pinching myself" over her appointment to run the local arm of Shell, which is easily Australia's biggest oil and gas producer and has a workforce of more than 2000 . Shell has said it has the best alignments across the Browse venture the company has ever seen, but Ms Yujnovich has also indicated several details needed to be thrashed out to avoid issues down the track. Currently six out of 12 of our Board members are women. Our ethnic minority employees identified as Asian (13.1%), black (3.4%), mixed (2.4%) or another ethnic background (2.6%). Before that, John Akehurst joined from Woodsides then cornerstone shareholder Shell, initially seconded into the Australian company before taking over as CEO two years later from Charles Allen, who was in the role for 16 years. Copyright 2023 S&P Global. We offer a good practice anti-bribery and corruption e-learning course to third parties that may not have a training programme in place. As of December 31, 2021, the proportion of women in senior leadership positions was 29.5% (this value includes leavers still in the HR System). Under all plans, all shares that vest are increased by an amount equal to the notional dividends accrued on those shares during the period from the award date to the vesting date. Our Real Estate teams developed guidance on returning to site safely for all of our locations. We also provided tips on setting up and maintaining good ergonomics, working with others virtually and maintaining productivity. Legal counsel provides legal advice globally and supports the implementation of programmes. Neither she nor Ms Slattery has experience as CEO of a listed oil and gas producer, with the same for Ms ONeill. This included offering funding to new joiners for home-use office equipment. This decrease was probably because of the timing of the survey, as many employees who were invited to take part were on a notice period before exiting Shell because of the Reshape reorganisation. The deal was seen as a precursor to Shell eventually competing in the consumer space against the likes of Origin Energy and AGL. Recently appointed Chief Financial Officer Sinead Gorman and Zoe Yujnovich, head of upstream, are also seen as possible successors, the sources said. I gain a lot of energy by keeping fit, and I enjoy competing in half and full marathons. We publish our Ethics and Compliance Manual onshell.com to demonstrate our commitment in this area. For every six shares purchased by the employee, one matching share is provided at no cost to the employee. Our ethics and compliance requirements are articulated through ourpolicies, standards and procedures and supported by the Ethical Decision-Making Framework, a tool to help staff think through and discuss, in a structured way, the legal, ethical and external consequences of decisions. Sponsors are the people who were advocating, perhaps, without my knowledge. She has led Shell Australia for the past. Zo Yujnovich will become the second woman on Shell's eight-strong executive committee. New CEO took office Jan. 1 LONDON, Jan 30 (Reuters) - Shell (SHEL.L) will combine its oil and gas production and liquefied natural gas (LNG) divisions as part of broader changes under new CEO. Most of our work around LGBT+ inclusion happens at a country level in line with local policies, laws and regulations. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Shell has a global LGBT+ forum consisting of LGBT+ colleagues and allies. All Rights Reserved. He joined Shell in 1995 as a business analyst and led many Downstream businesses across Shell in Europe, Africa, North and South America as well as Asia. We launched two mandatory training courses for all staff in 2021: Respect in the Workplace and Conscious Inclusion. The Reshape initiative in 2021 involved job reductions in line with our expectation that around 8,000 jobs will be reduced by the end of 2022. We are focusing on the USA, UK and Netherlands because these are theShell hubs where we see the most significant opportunities for representation and inclusion of minority staff. Prior to her current role, Zo was the Executive Vice President for Shell's Conventional Oil and Gas business, which spans 19 countries including Nigeria, UK, Malaysia, Oman, Brunei and Kazakhstan. Our kids grew up in Montreal and so have a very strong language in French. We want everyone to have a strong sense of belonging, irrespective of our differences. She is married with three children. In 2021 Board members had virtual staff engagements and visited some sites such as Qatar, Shell Pernis, and Pennsylvanian Chemicals park to have direct engagement with staff. This isadecrease of three points compared with 2020 but still reflects the resilience of our people in a year of change. Mr Nunan joined QGC as legal counsel in 2008, was managing director after a takeover by BG Group and then returned to run the business when it passed into Shell hands in 2016. This is a membership organisation thatbrings business leaders, disabled people, and government together to understand how to improve the life opportunities and experiences ofdisabled people in employment, the economy and wider society. Regular chances to win incredible prizes like luxury getaways and sports tickets with our subscriber exclusive competitions. Chief Executive Ben van Beurden, who has been in situ since the start of 2014, is likely to step down from the $192 billion oil giant next year, Reuters has reported read more . The problem for Andrew Mackenzie, the Shell chair tasked with identifying Van Beurdens successor, is that the British energy giant is pulled in opposite directions. For 2018 to 2019, 12.5% of the award was linked to free cash flow (FCF) and the remaining 37.5% was linked to a comparative performance condition which involves a comparison with four of our main competitors over the performance period, based on three performance measures. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. Age : 46 Linked companies : Shell plc Summary Zo Yujnovich is a businessperson who has been the head of 6 different companies is on the board of Shell Canada Ltd. and Indian Pacific Ltd. and Upstream Director at Shell Plc. Since Jan. 1 2014, when he took over, Shell shares have returned 67%, not as good as TotalEnergies(TTEF.PA) 85%, but appreciably better than domestic rival BP (BP.L) and U.S. peer Exxon Mobil (XOM.N). Musk Made a Mess at Twitter. The support has included providing access to vaccines. We enable, develop and improve their leadership qualities through global learning programmes, short- and long-term international assignments, and offering the possibility of moving between roles in different parts of the organisation. He also pulled off the $70 billion purchase of BG Group in 2016, which made it a leading force in liquefied natural gas (LNG). On October 25, 2021, Wael succeeded Maarten Wetselaar as Integrated Gas, Renewables and EnergySolutions Director. Zoe A Yujnovich is Exec VP/Dir:Upstream at Shell PLC. Whether Woodsides new CEO will expand the Pluto LNG project is a point of debate among investors. Help using this website - Accessibility statement, the decision by Santos CEO Kevin Gallagher, singled out by current chief executive Peter Coleman as a potential successor when she joined Woodside, announced in December when Mr Coleman advised that he would retire in the second half of 2022, has been a key point of debate among investors, FAR Ltds Cath Norman has been one of the few in the past few years, a previous Shell Australia chairwoman and current Woodside director Ann Pickard. She was previously executive vice president of oil sands, based in Calgary. Governance of climate-related risks and opportunities, Impact of climate-related risks and opportunities, Safety, Environment and Sustainability Committee, Other regulatory and statutory information, Deputy Chair and Senior Independent Director, Chief Human Resources and Corporate Officer, Strategy, Sustainability and Corporate Relations Director, Integrated Gas, Renewables and Energy Solutions Director, Note 28 We believe that by achieving this ambition, we will contribute to a better and more equal world. The global . Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. All are members of the Executive Committee (see Governance Framework). We have sought at all times to conduct the job reductions process in accordance with our core values of honesty, integrity and respect for people. The employee engagement score is based on a well-researched and validated model that combines satisfaction, motivation, affiliation, loyaltyand dedication. Shell is active in external organisations and activities thatadvance LGBT+ inclusion. She has more than 25 years experience in various aspects of industry, from frontline operations to project execution and strategic leadership. Hosted by Bloomberg's Sonali Basak, "Next Big Risk" asks three titans of the financial industry what they see coming in the next 5 to 10 years. The shake-up will see Shell Australia chairman Zoe Yujnovich move to company headquarters at The Hague. Sponsorship played a very important for my career. Number of selected key business countries. The remaining 30% is linked to the comparative performance condition. Royal Dutch Shell PLC has appointed Wael Sawan as integrated gas and renewable and energy solutions (R&ES) director and Zo Yujnovich as upstream director. This Report presents the Consolidated Financial Statements of Shell (page 228), the Parent Company . We benchmark ourselves externally, with consistent top-tier results. Plenty of credible candidates exist to replace him, but one looks the most obvious. There are many, many things that contribute to that, but I strongly advocate that our companies should be reflective of the diversity of our communities. Performing competitively in the evolving energy system requires competent and empowered people working safely togetheracross Shell. Under the Restricted Share Plan, awards are made on a highly selective basis to senior staff. Two other senior executives, chief financial officer Sherry Duhe and sustainability and technology head Shaun Gregory, are thought not to have made the final line-up. Her role in Australia will be filled by Tony Nunan, who currently heads up the oil and gas giant's operations in eastern Australia. Follow the topics, people and companies that matter to you. My passion has been around trying to make a difference in how we contribute to developing the world from the resources that we have. In certain circumstances, awards may beadjusted before delivery or subject to clawback after delivery. Under the Performance Share Plan (PSP), 50% of the award is linked to certain indicators described in Performance indicators, averaged over the performance period. Management regularly engages with our employees, including internally elected employee representatives, through a range of formal and informal channels. But an ongoing energy crisis means oil prices could hover around $100 a barrel for a while, which legitimises hanging around in fossil fuels. We have constantly sought to show care for anyone losing theirrole. Shell has shortlisted four candidates to succeed veteran Chief Executive Ben van Beurden who is preparing to step down next year after nearly a decade at the helm of the $192 billion energy firm, two company sources told Reuters. BHPs head of petroleum Geraldine Slattery, an Ireland-raised physics graduate now based in Houston and with 25 years experience at the miners oil and gas division, is also said by some to be in the running, although others say not. Zoe Yujnovich was appointed the Executive Vice President, Heavy Oil on January 1, 2016. They were sitting at the boardroom table or around the leadership table, as roles were being considered and my name was being put forward as a possible candidate. We provide support and make adjustments for people with disabilities during the recruitment process and throughout their careers with Shell. Despite battling with two major oil price slumps and an unprecedented 66% cut to Shells dividend in April 2020, Van Beurdens track record looks acceptable. None of the awards result in beneficial ownership until the shares vest. Ronan previously served as EVP HR for both the Downstream and Upstream International businesses in turn. For information on the share-based compensation plans for Executive Directors, see the Directors Remuneration Report. By making a commitment to our core values of honesty, integrity and respect for people, and by following the Code of Conduct, we protect Shells reputation. Allegations of breaches of the Code of Conduct may be raised confidentially and anonymously through several channels, including theShell Global Helpline, which is operated by an independent provider. Huibert was previously Executive Vice President Global Commercial.
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