She was previously executive vice president of oil sands, based in Calgary. During his tenure van Beurden oversaw Shell's biggest acquisition in decades, steered the company through two major downturns and a pivotal move to slash greenhouse emissions. A female appointee would stand out among the male-dominated ranks of CEOs of Australias listed oil and gas producers, where FAR Ltds Cath Norman has been one of the few in the past few years. Both appointments are effective 25th October 2021. Zo Yujnovich was appointed Shells Upstream Director and joined the Executive Committee in October 2021. All quotes delayed a minimum of 15 minutes. 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. 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. Previously she was Country Chair for Shells businesses in Australia and New Zealand and Executive Vice President for Oil Sands in Canada. The shake-up will see Shell Australia chairman Zoe Yujnovich move to company headquarters at The Hague. 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. In December 2021, we also launched a LinkedIn learning path called Spotlight Disability Inclusion: A Guide for Line Managers. Thiscollection of learning resources helps Shell line managers to becomemore confident about issues relating to disability inclusion. All shares that vest are increased by an amount equal to the notional dividends accrued on those shares during the period from theaward date to the vesting date. The BG option price (atadiscount of 20% to market value) was converted into an equivalent Company option price at a ratio agreed with HM Revenue and Customs. Watch and listen to a variety of WA true crime series, video channels and podcasts with commentary on news, politics and current affairs. The proportion of voluntary resignations in Shell was 4.4% in 2021 compared with 2.6% in 2020. This includes incorporating results from relevant internal audits, reviews and investigations, and periodically commissioning external reviews and benchmarking. [A] See Note 22 to the Consolidated Financial Statements. The Shell People Survey is one of the principal tools used to measure employee engagement, motivation, affiliation and commitment to Shell. Eligible employees in participating countries may participate in the GlobalEmployee Share Purchase Plan. They are communicated to Shell employees and contract staff and, where necessary and appropriate, to agents and business partners. 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'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. 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. For further information on stakeholder engagement, see Governance. Webelong to PurpleSpace, a networking and professional development hub for disabled employees, employee network leads and allies from allsectors and trades. In 2021, there were 1,479 entries to the Shell Global Helpline: 1,177allegations and 302 inquiries. 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. He joined Shell in 1990 and has held various management positions in Exploration and Production, Internal Audit, and Group Strategy and Planning. By contrast, Canadian Wael Sawan looks ideal. 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. 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. This result gives Shell one ofthe leading employee engagement scores across a range of industries. I know what I know, I know what I don't know, and I don't know what I don't know. She said in June that while there was agreement the Browse field would be the "anchor tenant" to provide replacement gas for the North West Shelf venture, there needed to be opportunities to "optimise" the timing of Browse and how to fill spare capacity at the LNG plant arising before Browse gas comes online. 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. Get the news you want delivered straight to your inbox so you never miss a headline. The Senior Management of the Company comprises the Executive Directors, Ben van Beurden and Jessica Uhl, and those listed below. With over twenty years of global experience in the mining industry, Zoe joined Shell in 2014 as Vice President Oil Sands Joint Venture. 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. Ms Yujnovich will take up a key role in shaping Shells future in conventional oil and gas across 18 countries, excluding Australia, from January. The opinions expressed are his own.). To further support staff with disabilities, we have created internal employee resource groups, including the enABLE networks that support and highlight the work of disabled employees in Shell. As of December 31, 2021, there are no outstanding UK Sharesave or BG Sharesave options. As a result, we dismissed or terminated the contracts of a total of 67 employees and contract staff. This award supports employee engagement in the Powering Progress strategy. We track local national coverage. These standards are set out in the Shell General Business Principles and our Code of Conduct. Shell is one of more than 800 companies to have signed the Neptune Declaration, an international agreement sponsored by the Global Maritime Forum, promising to support seafarers during the COVID-19 pandemic. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, This Week in Crypto: Ukraine War, Marathon Digital, FTX. Under the Restricted Share Plan, awards are made on a highly selective basis to senior staff. Fri, 15 October 2021 1:02AM. This is the percentage of senior local nationals (those working in their respective base country and those expatriated) against the total number of senior leadership positions intheirbase country. The global . She has led Shell Australia for the past. Gemarkeerd als interessant door Zoe Yujnovich Neem nu deel om alle activiteiten te bekijken Ervaring Shell 8 jaar 5 maanden Upstream Director Shell okt. We continued our home-working ergonomics programme, providing funding for proper office equipment for home use for 5,000 employees in addition to the 50,000 we assisted in 2020. In 2021, the response rate was 83%, a decrease of 3.1percentage points compared with 2020. At December 31, 2021, there were a total of 82,000 employees at Shell. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. From 2021, 10% of the award is linked to the FCF measure and 10% is linked to an energy transition measure. Two of our LGBT+ colleagues were featured in the OUTstanding 2021 LGBT+ Future Leaders List. Employees who are about to leave typically have a lower response rate than those who plan to stay with a company. 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. Shell shares were trading at 26.8 euros as of 1000 GMT on Sept. 2, up 1.7%. Shell also endorsed the World Economic Forum Call to Action on closing the gender gap in theoil and gas sector. Copyright 2023 S&P Global. We are working to address racial inequity. 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. With over twenty years' experience in the mining industry, Zoe now leads Shell's Athabasca Oil Sands Project (AOSP) which includes the Albian Sands mining facilities and the Scotford Upgrader. The support has included providing access to vaccines. Help using this website - Accessibility statement, Shell also acquired business electricity retailer ERM Power in a $617 million deal, Shell is Woodside's biggest partner in the Browse project. Shellis working towards achieving 35% representation of women inoursenior leadership positions by 2025 and 40% by 2030. 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. Leading the pack is former Shell Australia chairwoman Zoe Yujnovich, now a heavy hitter at the energy giants global headquarters in The Hague where she heads the worldwide conventional oil and gas business. Now, I actually really value listening to others before I speak. On October 25, 2021, Zo succeeded Wael Sawan as Upstream Director and was appointed to the Executive Committee. Zo Yujnovich was appointed Shell's Upstream Director and joined the Executive Committee in October 2021. Musk Made a Mess at Twitter. In 2021, 78.5% of our UK employees identified as white and 21.5% were from an ethnic minority background. We launched two mandatory training courses for all staff in 2021: Respect in the Workplace and Conscious Inclusion. The rate is low across a range of industries. Harry was previously Executive Vice President Upstream International Operated, based in the Netherlands. 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 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. 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. Woodside Petroleum looks odds-on to have its first female chief executive, with the decision by Santos CEO Kevin Gallagher to remove himself from contention leaving two or three senior women oil and gas executives as the top candidates being talked about in the market. 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 . In 2021, 47% of our graduate recruits were female, compared with 49% in2020. They say that favours Ms Yujnovich securing the role rather than Ms ONeill, despite the latters excellent track record in development, both at Woodside and previously with ExxonMobil. We do not tolerate the direct or indirect offer, payment, solicitation oracceptance of bribes in any form. We monitor and report internally on adherence to select ethics and compliance requirements, such as mandatory training completion andduediligence screening. All rights reserved. Our core values are undermined if decisions are taken which fall short of the expected standards of ethical behaviour and compliance. None of the awards result in beneficial ownership until the shares vest. She holds an engineering degree from the University of Western Australia and an Executive MBA from the University of Utah. 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. The industry leader for online information for tax, accounting and finance professionals. Recently appointed Chief Financial Officer Sinead Gorman and Zoe Yujnovich, head of upstream, are also seen as possible successors, the sources said. . Zoe Yujnovich, the current director of upstream, will head up a new directorate that combines the Integrated Gas and Upstream businesses. 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. Number of selected key business countries. Sponsorship played a very important for my career. This was just short of our ambition to have 30% representation ofwomen in our senior leadership positions by 2021, but it was also anincrease of 1.7 percentage points compared with the end of 2020. Senior leadership positions comprises our top 1,250 leaders and is aShell measure based on salary group levels and is distinct from the termsenior manager in the statutory disclosures in the table below. The Audit Committee is also authorised to establish and monitor the implementation of procedures for the receipt, retention, proportionate and independent investigation and follow-up action of reported matters. When expanded it provides a list of search options that will switch the search inputs to match the current selection. I use it as a meditation time. Externally, in the USA, wework closely with the civil rights organisation National Urban League. The remaining 33.75% was linked to the comparative performance condition. View whole Malaysia gas station latest petrol prices, address, openning hours, videos, photos, reviews, location, news on WapCar. We publish our Ethics and Compliance Manual onshell.com to demonstrate our commitment in this area. The long stints of the last four CEOs add up to an unusually long average tenure of more than 10 years, about double the average on the ASX. He joined Shell in 1997 and worked in a variety of roles in each ofShells core business units: Upstream, Integrated Gas and Downstream. formal training days for employees and joint-venture partners, experienced people joined Shell (34%female), recruited for Shell Business Operations centres (51%%female). Sean Smith. The changes at the top in Australia come with Shell facing key decisions in regard to Arrow Energys Surat Basin project and its commitment to backing Woodside Petroleum in the $US20.5 billion Browse LNG project off the WA coast. Most recently she was Executive Vice President for Shells Conventional Oil & Gas business with operations in 19 countries. Sponsors are the people who were advocating, perhaps, without my knowledge. Follow us on Twitter: @globe_careersOpens in a new window. These options are normally exercisable after completion of a three-year contractual savings period. I am an extrovert-turned-introvert. 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. Zoe Yujnovich at Shell Canada, Calgary.Stephanie Leblond. She was previously executive vice president of oil sands, based in Calgary. We promote equal opportunity and create an environment where people feel included, regardless of sexual orientation or gender identity. Huibert was previously Executive Vice President Global Commercial. Donny was previously General Counsel for Projects & Technology, based in the Netherlands. Subscribers with digital access can view this article. Huibert Vigeveno, the current downstream director, will . Australian Petroleum Production and Exploration Association, Executive Vice President & Country Chair of Shell Australia, Executive Vice President, Oil Sands Operations. These are reinforced with both global and targeted messages to ensure that Shell staff are kept reminded of their obligations. The Shell plc Annual Report (this Report) serves as the Annual Report and Accounts in accordance with UK requirements for the year ended December 31, 2021, for Shell plc (the Company) and its subsidiaries (collectively referred to as Shell). Zoe Yujnovich Upstream Director Tenure Appointed with effect from October 2021 Age Born 1975 Nationality Australian Career On October 25, 2021, Zo succeeded Wael Sawan as Upstream Director and was appointed to the Executive Committee, after having held various management positions in Downstream, Integrated Gas and Upstream. As of December 31, 2021, 8% of our Board members were from an ethnicminority. As ethnicity declaration is voluntary, our ethnicity declaration rate is not 100% and all calculations are based on a declaration rate of 81%. Regular communications from our leaders emphasise the importance ofthese commitments and compliance with requirements. In some cases, we may report a violation to the relevant authorities, which couldlead to legal action, fines or imprisonment. Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek". 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. Shell belongs totheBusiness Disability Forum. We are creating an environment where people with disabilities can excel. Plenty of credible candidates exist to replace him, but one looks the most obvious. The increase was caused by the rise in the availability of virtual courses as we rapidly digitalised, enabling people toattend virtually. Legal counsel provides legal advice globally and supports the implementation of programmes. The remaining 30% is linked to the comparative performance condition. As a woman in a male-dominated sector, I've had a very positive experience. We are part ofBlack Representation in Marketing (BRiM), a UK initiative to improve the representation of black people in marketing. This ensured that all employees whowere leaving Shell had access to an independent professional careercoach who could offer individualised support. This included offering funding to new joiners for home-use office equipment. Sponsored by our CEO Ben van Beurden, Integrated Gas, Renewables and Energy Solutions Director Wael Sawan and Legal Director Donny Ching, the council aims toadvance diversity in our workforce so that it better reflects communities where we work and from which we draw talent. The remaining 67.5% is linked to the comparative performance condition mentioned above. Our approach reinforces respect for people and provides psychological safety for our LGBT+ employees in line with our core values. There were a total of 87,000 employees atDecember 31, 2020, and December 31, 2019. It's somewhat subtle, but I think mentors tend to be more active in terms of perhaps guiding me on specific things. (Source: Royal Dutch Shell Plc) Royal Dutch Shell Plc on Oct. 15 named Zo Yujnovich as upstream director, replacing Wael Sawan who will now head Shell's integrated gas and . The four internal candidates for the top job all have their merits. 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.