This ensured that all employees whowere leaving Shell had access to an independent professional careercoach who could offer individualised support. But the things I don't know about are blind spots that have the potential to really create concern. Zo has held various management positions in Downstream, Integrated Gas and Upstream. 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. 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. Two years and two months (appointed January 2020). 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. 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. Opinions expressed are those of the author. Shell says restructuring could bring job cuts - ETHRWorld Ms Yujnovich said on Friday that Australia was central to Shells LNG business and for its plans to move into providing cleaner energy. formal training days for employees and joint-venture partners, experienced people joined Shell (34%female), recruited for Shell Business Operations centres (51%%female). Shell to combine its integrate gas, upstream businesses We combined the home-working ergonomics programme with WPA to help all employees including thosewith disabilities to work from home effectively during the COVID-19 pandemic. Senior manager is defined in section 414C(9) of the Companies Act 2006 and, accordingly, the number disclosed comprises the Executive Committee members who were not Directors of the Company, and other directors of Shell subsidiaries. Under the Performance Share Plan (PSP), 50% of the award is linked to certain indicators described in Performance indicators, averaged over the performance period. I know what I know, I know what I don't know, and I don't know what I don't know. Fri, 15 October 2021 1:02AM. Under the Long-term Incentive Plan (LTIP) awards made in 2018, 25% of the award is linked to the FCF measure and the remaining 75% is linked to the comparative performance conditions mentioned above. In 2009, Huibert was appointed Vice President Supply & Distribution, Europe and Africa. Separately, following the BG acquisition, certain employee share awards made in 2015 under BGs Long-term Incentive Plan were automatically exchanged for equivalent awards over shares in the Company. 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. 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 shows in the increase in the number of completions and the corresponding rise in training person days(TPD) of 37,000 compared with 2020. 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). 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. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. Zoe Yujnovich at Shell Canada, Calgary.Stephanie Leblond. 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. Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek". For further information on stakeholder engagement, see Governance. Shell is a member of The Valuable 500, a global business group whichseeks to eliminate the exclusion of disabled people and ensure thatdisability remains a priority for company leaders. Regular communications from our leaders emphasise the importance ofthese commitments and compliance with requirements. On October 25, 2021, Wael succeeded Maarten Wetselaar as Integrated Gas, Renewables and EnergySolutions Director. Advice for leaders: You can't look away anymore The CEO search process, which was announced in December when Mr Coleman advised that he would retire in the second half of 2022 after 10 years at the helm, is being run by international firm Spencer Stuart, so other overseas candidates could be in the frame. The remaining 30% is linked to the comparative performance condition. Options havebeen granted over the Companys shares at market value on the invitation date. Our Standards: The Thomson Reuters Trust Principles. Comments. Like more than 70 other CEOs he has made an organisational and personal commitment to accelerate the advancement of women, including women of colour, into senior leadership and board positions. See here for a complete list of exchanges and delays. 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Breakingviews: Shell's next boss looks a shoo-in | Reuters Note 27 to the Consolidated Financial Statements provides the average number of employees by business segment. Shell is active in external organisations and activities thatadvance LGBT+ inclusion. Plenty of credible candidates exist to replace him, but one looks the most obvious. Shell has promoted Australian boss Zoe Yujnovich to The Hague to head its global oil and gas operations, triggering a major local leadership shake-up. Everyone wants to make a real difference. Both appointments are effective Oct. 25. The global oil and gas giant said late today that Ms Yujnovich, who was posted to Shells headquarters in The Hague from Australia last year, would take over as the groups director of upstream on October 25. 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. Copyright 2023 S&P Global. 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. Most recently she was Executive Vice President for Shells Conventional Oil & Gas business with operations in 19 countries. Get notifications in MyBN when activity occurs. Eligible employees of participating Shell companies in the UK may participate in the Shell All Employee Share Ownership Plan, under which monthly contributions from gross pay are made towards the purchase of the Companys shares. 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. 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 . Recently appointed Chief Financial Officer Sinead Gorman and Zoe Yujnovich, head of upstream, are also seen as possible successors, the sources said. Dutchman Huibert Vigeveno heads Shells refining operations, which have been making money hand over fist amid record refining margins. While maintaining this basic position, pragmatic, risk-based mitigations have been implemented whereappropriate to increase response speed and efficiency without undermining the intended purpose of our controls. Sean Smith The West Australian. Subscribers with digital access can view this article. Management regularly engages with our employees, including internally elected employee representatives, through a range of formal and informal channels. The Shell Code of Conduct includes specific guidance forShellstaff, (which comprises employees and contract staff), on requirements to avoid or declare actual, potential or perceived conflictsofinterest, and on offering or accepting gifts and hospitality. Ronan previously served as EVP HR for both the Downstream and Upstream International businesses in turn. Subscribers with digital access can view this article. Our ethnic minority employees identified as Asian (13.1%), black (3.4%), mixed (2.4%) or another ethnic background (2.6%). In an industry where women have been traditionally underrepresented, three of our five largest energy-trading divisions are led by women. In 2021, we continued to support our people and assist in the fight against COVID-19. As a result, we dismissed or terminated the contracts of a total of 67 employees and contract staff. The 19% of our workforce who have not provided data or have chosen not to declare their ethnicity were not included in our calculations. We offer a good practice anti-bribery and corruption e-learning course to third parties that may not have a training programme in place. But an ongoing energy crisis means oil prices could hover around $100 a barrel for a while, which legitimises hanging around in fossil fuels. Eligible employees in participating countries may participate in the GlobalEmployee Share Purchase Plan. Whether Woodsides new CEO will expand the Pluto LNG project is a point of debate among investors. Shell Australia chair Zoe Yujnovich is charged with keeping 300 workers on a floating gas plant safe while producing energy and managing ever-growing public expectations. Climate change and energy transition. Sawan took office on Jan. 1 . Zoe A Yujnovich is Exec VP/Dir:Upstream at Shell PLC. He also pulled off the $70 billion purchase of BG Group in 2016, which made it a leading force in liquefied natural gas (LNG). All metrics except the employees metric exclude the employees in certain Upstream, Renewables and Energy Solutions and Downstream companies that maintain their own HR systems. We also provided resources for our employees under the Care-for-Self programme. Now, I actually really value listening to others before I speak. We are working to advance LGBT+ inclusion within Shell. 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. We benchmark ourselves externally, with consistent top-tier results. These will help us to continue toembed inclusive behaviours in our culture. In 2012 he became Executive Chair of Shell in China, and in 2016 led the integration of BG Group. 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. From 2011 to 2013, he was Country Chair Russia and Executive Vice President for Russia and the Caspian region. The lead internal candidate is US-born Meg ONeill, who has responsibility for development and marketing and was singled out by current chief executive Peter Coleman as a potential successor when she joined Woodside from Mr Colemans former employer, ExxonMobil in 2018. Zo Yujnovich was appointed Shell's Upstream Director and joined the Executive Committee in October 2021. 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. Violation of the Code of Conduct or its policies can result in disciplinary action, up to and including contract termination or dismissal. The new division, which combines Shell's most profitable operations, will be headed by current upstream director Zoe Yujnovich, Shell said in a statement on Monday. 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. (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 . She has more than 25 years' experience in various aspects of industry, from frontline operations to project execution and strategic leadership. Zo Yujnovich - Biography - MarketScreener.com As of December 31, 2021, 8% of our Board members were from an ethnicminority. Prior to joining Shell, she served in a number of management roles for Rio Tinto. Shellis working towards achieving 35% representation of women inoursenior leadership positions by 2025 and 40% by 2030. Shell makes executive committee changes | Offshore It's not a time to focus; it's actually a time to lose focus and try not to have my mind filled with too many distractions. 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). Directors and Senior Management. Zoe Yujnovich was appointed the Executive Vice President, Heavy Oil on January 1, 2016. This plan enables them to make contributions from net pay towards the purchase of the Companys shares at a 15% discount to the market price, either at the start or at the end of anannual cycle, whichever date offers the lower market price. 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. At December 31, 2021, there were a total of 82,000 employees at Shell. Get exclusive discounts on movie tickets, dining and popular attractions. 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. 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. She has led Shell Australia for the past. Shells business in Australia has constantly evolved over the past 118 years, and Ill pass on the baton to Tony inspired by the direction were heading to meet the changing needs of society.. For 2019 and 2020, 22.5% of the award is linked to the FCF measure and 10% is linked to an energy transition measure. The forum now has 14 chapters globally. Shell in the UK was one of the first FTSE 100 companies to voluntarilypublish ethnicity pay gap data in November 2020. 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. At Shell, we seek to provide a safe, caring and inclusive environment forLGBT+ and PWD (people with disabilities) staff so that they can bethemselves and reach their full potential. We seek to ensure everyone atShell has equal opportunities and feels included. Our kids grew up in Montreal and so have a very strong language in French. (The author is a Reuters Breakingviews columnist. We investigate all good-faith allegations of breaches of the Code ofConduct, however they are raised. 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. In 2021, 65% of our US employees were white; 33.2% were people ofcolour, with 13% Asian, 11.8% Hispanic/Latino, 8.4% black, and 1.8%in the Other category. That said, I still look around at the industry as a whole and feel that there is still under-representation of women in senior leadership roles. Zoe Yujnovich and Wael Sawan get major roles, while exiting Maarten Wetselaar will become Cepsa chief executive 15 October 2021 10:05 GMT Updated 15 October 2021 11:41 GMT By Vladimir Afanasiev The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. In 2021, a total of 271,000 formal training days were provided for employees and joint-venture partners, compared with 234,000 in 2020and 373,000 in 2019. 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 . I've learned just how much of an impact the mining industry had on communities, and I've since as I moved around the world and now moved into the oil and gas sector just come to appreciate how important and impactful we can be to our customers and to the communities that we operate with. Shell shares were trading at 26.8 euros as of 1000 GMT on Sept. 2, up 1.7%. We also make our requirements clear to third parties through a variety of measures such as standard contract clauses. 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. 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). Externally, in the USA, wework closely with the civil rights organisation National Urban League. Shell Upstream Director Zo Yujnovich was appointed Shell's Upstream Director and joined the Executive Committee in October 2021. Itprovides insights into employees views and has had a consistently highresponse rate. Zoe Yujnovich elevated to Shell's senior ranks with new promotion We aim to increase racial and ethnic representation across our workforce so that we better reflect the communities in which we work and live. We want everyone to have a strong sense of belonging, irrespective of our differences. Some information may no longer be current. We have set a recruitment ambition to have 8% black representation inour graduate and experienced hires by 2025, to increase representation in line with UK society through actions such as mentoring and outreach. In 2021, learners embraced the virtual courses. This included acting as Executive . Eligible employees of participating Shell companies in the UK have beenable to participate in the UK Sharesave Scheme. Looking back now, I certainly didn't have that in university. Zoe A Yujnovich, Shell PLC: Profile and Biography 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. Wael was previously the Upstream Director and amember of the Executive Committee. 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 world. 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 Our Real Estate teams developed guidance on returning to site safely for all of our locations. These awards vest at the end of a one-year period. Shell has a global LGBT+ forum consisting of LGBT+ colleagues and allies. We are committed to ensuring allsuch incidents are investigated by specialists in accordance with our Investigation Principles. We introduced a global minimum standard for outplacement. The opinions expressed are his own.). At the same time, her reported move last August to purchase an $8 million mansion in Perths Mosman Park with her husband Jason suggests she envisages a return to Australia at some stage. This article was published more than 6 years ago. Veteran Shell director departs amid shake-up by new chief executive I am an extrovert-turned-introvert. Under the Restricted Share Plan, awards are made on a highly selective basis to senior staff. Six years and two months (appointed January 2016). The successor shortlist includes Wael Sawan, Shell's head of integrated gas and renewables and Huibert Vigeveno, who heads the company's refining operations of downstream. 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. Fri, 10/15/2021 - 09:35 AM. Gemarkeerd als interessant door Zoe Yujnovich Neem nu deel om alle activiteiten te bekijken Ervaring Shell 8 jaar 5 maanden Upstream Director Shell okt. The table below shows actual employee numbers by geographical area. From 2017 no further grants weremade under this plan. zoe yujnovich shell salary - Nearest Petrol Station Prices, Address 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. None of the three key executives being talked about by investors, analysts and industry sources has been confirmed by either Woodside or in person. 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. 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. Zo Yujnovich will become the second woman on Shell's eight-strong executive committee. Sponsorship played a very important for my career. The support has included providing access to vaccines. Wehaveachieved this target. In 2008, he was appointed Head of Legal at Shell Singapore, having served as Associate General Counsel for Gas & Power in Asia-Pacific. Green energy, currently a trifling contributor to revenue, could be the key to supporting Shells long-term revenue growth.