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. 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. 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. The opinions expressed are his own.). In certain circumstances, awards may be adjusted before delivery or subject to clawback after delivery. In 2021, 78.5% of our UK employees identified as white and 21.5% were from an ethnic minority background. Huibert was previously Executive Vice President Global Commercial. Fri, 15 October 2021 1:02AM. Follow us on Twitter: @globe_careersOpens in a new window. The rate is low across a range of industries. On January 1, 2020, Huibert succeeded John Abbott as Downstream Director and was appointed to the Executive Committee. Eight years and one month (appointed February 2014). Thisincludes equal access to valuable educational resources, training programmes, and emphasis on personal and professional development. Ed was previously Executive Vice President Strategy, Portfolio & Sustainability. 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 has promoted Australian boss Zoe Yujnovich to The Hague to head its global oil and gas operations, triggering a major local leadership shake-up. 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. 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. This button displays the currently selected search type. My passion has been around trying to make a difference in how we contribute to developing the world from the resources that we have. 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. She was previously executive vice president of oil sands, based in Calgary. That's really been what fuels my passion. I use it as a meditation time. Zo Yujnovich was appointed Shells Upstream Director and joined the Executive Committee in October 2021. Shares are awarded subject to a three-year retention period. 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. 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. We also provided tips on setting up and maintaining good ergonomics, working with others virtually and maintaining productivity. 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. For further information on stakeholder engagement, see Governance. Mr Nunans appointment as her replacement was confirmed a day after Shells Queensland Gas Company (QGC) business celebrated the export of the 500th cargo LNG from its plant on Curtis Island. This article was published more than 6 years ago. 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. Strong engagement helps us to accelerate our peoples development, enhance our leadership capabilities and improve employee performance. Shellis working towards achieving 35% representation of women inoursenior leadership positions by 2025 and 40% by 2030. Violation of the Code of Conduct or its policies can result in disciplinary action, up to and including contract termination or dismissal. Jessica Uhl was included in the OUTstanding 2021 Ally Executives Role Model List, which recognises business leaders who help create more inclusive workplaces. 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. 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. Zoe Yujnovich Shell executive vice president for conventional oil and gas since 2019, The Hague The Netherlands Yujnovich joined Shell in 2014 from Rio Tinto to manage the Dutch company's oil sands operation in Canada. 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. Eligible employees in participating countries may participate in the GlobalEmployee Share Purchase Plan. This ensured that all employees whowere leaving Shell had access to an independent professional careercoach who could offer individualised support. We are creating an environment where people with disabilities can excel. She has more than 25 years experience in various aspects of industry, from frontline operations to project execution and strategic leadership. As of December 31, 2021, 8% of our Board members were from an ethnicminority. Shell will combine its oil and gas production and liquefied natural gas (#LNG) divisions as part of broader changes under new CEO Wael Sawan, which the company Shell has a global LGBT+ forum consisting of LGBT+ colleagues and allies. 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. Some expect an announcement on the selection as early as the AGM, although it is uncertain whether that plan has been thrown out as a result of Mr Gallaghers withdrawal. Both appointments are effective 25th October 2021. She started her career as a civil engineer before moving into finance roles when she joined Shell in 1999. We benchmark ourselves externally, with consistent top-tier results. Get exclusive discounts on movie tickets, dining and popular attractions. Directors and Senior Management. Our ethnic minority employees identified as Asian (13.1%), black (3.4%), mixed (2.4%) or another ethnic background (2.6%). Shell also endorsed the World Economic Forum Call to Action on closing the gender gap in theoil and gas sector. He joined Shell in 1988 based in Australia and then moved to Hong Kong and later to London. Wael was previously the Upstream Director and amember of the Executive Committee. Throughout the Reshape process, we have aimed to support those facing job reductions by helping them to find and engage with internal and external opportunities to reskill and upskill. It's about finding out what gives you energy rather than what saps the energy from you. These will help us to continue toembed inclusive behaviours in our culture. 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. If you work on the basis Kevin was offered it, it must mean the board is willing to entertain a change of strategy, said one investor source, noting Ms ONeill may be favoured if the strategy is to remain unchanged and Woodside proceeds with its $16 billion Scarborough gas project in Western Australia as envisaged by Mr Coleman. Our approach reinforces respect for people and provides psychological safety for our LGBT+ employees in line with our core values. As a result of different notice periods in various markets, people are continuing to leave until the end of 2022. Regular chances to win incredible prizes like luxury getaways and sports tickets with our subscriber exclusive competitions. From 2017 no further grants weremade under this plan. . All Rights Reserved. None of the awards result in beneficial ownership until the shares vest. 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. 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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. None of the three key executives being talked about by investors, analysts and industry sources has been confirmed by either Woodside or in person. 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. We have also pledged support for the UN Standards of Conduct for Business that aim to eliminate discrimination against lesbian, gay, bisexual, transgender and intersex (LGBTI) people. Wehaveachieved this target. Our people are essential to the successful delivery of Shells strategy and to sustaining business performance over the long term. There were a total of 87,000 employees atDecember 31, 2020, and December 31, 2019. She holds an engineering degree from the University of Western Australia and an Executive MBA from the University of Utah. This Report presents the Consolidated Financial Statements of Shell (page 228), the Parent Company . These are reinforced with both global and targeted messages to ensure that Shell staff are kept reminded of their obligations. Subscribers with digital access can view this article. 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. Dutchman Huibert Vigeveno heads Shells refining operations, which have been making money hand over fist amid record refining margins. Both appointments are effective Oct. 25. They are communicated to Shell employees and contract staff and, where necessary and appropriate, to agents and business partners. The Senior Management of the Company comprises the Executive Directors, Ben van Beurden and Jessica Uhl, and those listed below. I used to be far more extroverted; I used to get a lot of energy from being around people and liked to be the one who talked more. 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. Get notifications in MyBN when activity occurs. Integrated Gas, Renewables and Energy Solutions Director until October 2021 (appointed January 2016). 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. In 2021, learners embraced the virtual courses. Zoe Yujnovich, the current director of upstream, will head up a new directorate that combines the Integrated Gas and Upstream businesses. He also pulled off the $70 billion purchase of BG Group in 2016, which made it a leading force in liquefied natural gas (LNG). The LGBT+ focus area issponsored by Chief Financial Officer Jessica Uhl. We aim to increase racial and ethnic representation across our workforce so that we better reflect the communities in which we work and live. Facilitation payments are also prohibited. View whole Malaysia gas station latest petrol prices, address, openning hours, videos, photos, reviews, location, news on WapCar. Ms Yujnovich said on Friday that Australia was central to Shells LNG business and for its plans to move into providing cleaner energy. 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). We offer a good practice anti-bribery and corruption e-learning course to third parties that may not have a training programme in place. In 2021, in the USA we earned a perfect score of 100 points in the Human Rights Campaign Foundations Corporate Equality Index, a recognition we have earned annually since 2016. Before that, hewas Executive Vice President Deep Water and amember of the Upstream Leadership Team. Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek". The Shell Ethics and Compliance Office helps the businesses and functions to implement the ABC/AML and other programmes, assess risks and monitors and reports on progress. 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. 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. 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. LONDON, Sept 2 (Reuters Breakingviews) - Shell (SHEL.L) is about to get a new boss. 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. 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. Our Standards: The Thomson Reuters Trust Principles. Zo has held various management positions in Downstream, Integrated Gas and Upstream. The remaining 30% is linked to the comparative performance condition. See Note 22 to the Consolidated Financial Statements. Prior to joining Shell, she served in a number of management roles for Rio Tinto. We co-sponsored the UK 2021 Race at Work survey conducted bythemembership organisation Business in the Community. See here for a complete list of exchanges and delays. We felt really at home here in Calgary, of course we miss Montreal, but Canada is a wonderful country to live in. Work-life balance is a bit tricky because it indicates that, at any moment, things are in perfect harmony. 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. In 2012 he became Executive Chair of Shell in China, and in 2016 led the integration of BG Group. 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. 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. Zoe's career began in Australia with front line work in a number of mining roles. She has led Shell Australia for the past. All are members of the Executive Committee (see Governance Framework). But he now runs Shells Integrated Gas and Renewables arm which includes LNG and green activities like solar and wind. Whether Woodsides new CEO will expand the Pluto LNG project is a point of debate among investors. Green energy, currently a trifling contributor to revenue, could be the key to supporting Shells long-term revenue growth. When expanded it provides a list of search options that will switch the search inputs to match the current selection. Her role in Australia will be filled by Tony Nunan, who currently heads up the oil and gas giant's operations in eastern Australia. 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. Allegations may be raised confidentially and anonymously through several channels, including a Shell Global Helpline operated by an independent provider. 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. 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. We have around 3,000 people that are leaving on SVS. My sense is that they affiliate perhaps more with their Canadian culture, although they still recognize Australia just because it's the heritage that they come from. See here for a complete list of exchanges and delays. And I'm always expanding my knowledge to what I don't know I don't know. 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. Itprovides insights into employees views and has had a consistently highresponse rate. 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 . How much flexibility the new CEO will have to potentially refresh Woodsides investment strategy has been a key point of debate among investors as the oil and gas major targets a go-ahead for Scarborough in the December half. 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. Shell in the UK was one of the first FTSE 100 companies to voluntarilypublish ethnicity pay gap data in November 2020. (The author is a Reuters Breakingviews columnist. We monitor and report internally on adherence to select ethics and compliance requirements, such as mandatory training completion andduediligence screening. All rights reserved. Fri, 10/15/2021 - 09:35 AM. In October, Zo Yujnovich was appointed Upstream Director, joining Jessica Uhl, the Chief Financial Officer as the second woman on the eight-person Executive Committee. Copyright 2023 S&P Global. But in essence, there is a really strong commonality. In 2021, the response rate was 83%, a decrease of 3.1percentage points compared with 2020. 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. During and before the pandemic, we invested in the mental well-being of our employees through programmes such as World Mental Health Day, Im Not Okay and the One Thing Wall. He joined Shell in 1990 and has held various management positions in Exploration and Production, Internal Audit, and Group Strategy and Planning. 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. 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. For information on the share-based compensation plans for Executive Directors, see the Directors Remuneration Report. The average employee engagement score was 75 points out of 100. [A] Regular communications from our leaders emphasise the importance ofthese commitments and compliance with requirements. In November 2021, Harry played a key role in the partnership of Shell with energy technology firm Baker Hughes Co., in an effort to help the partnership achieve their targets of net-zero carbon emissions. Management regularly engages with our employees, including internally elected employee representatives, through a range of formal and informal channels. Search zoe yujnovich shell salary and check where the nearest petrol station is. Sponsors are the people who were advocating, perhaps, without my knowledge. Prior to joining Shell in 2014, Ms Yujnovich held frontline and management roles in mining across three continents. As ethnicity declaration is voluntary, our ethnicity declaration rate is not 100% and all calculations are based on a declaration rate of 81%. We do not tolerate the direct or indirect offer, payment, solicitation oracceptance of bribes in any form. To support the Code of Conduct, we have mandatory risk-based procedures and controls that address a range of compliance risks and ensure that we focus resources, reporting and attention appropriately. Zoe Yujnovich at Shell Canada, Calgary.Stephanie Leblond. This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, More Iranian Schoolgirls Sickened in Suspected Poisoning Wave, No Major Offer Expected on Childcare in UK Budget, Oil Investors Get $128 Billion Handout as Doubts Grow About Fossil Fuels, Climate Change Is Launching a MutantSeed Space Race, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? She has more than 25 years' experience in various aspects of industry, from frontline operations to project execution and strategic leadership. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. 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. (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 . In the past Ms. Yujnovich held the position of Chairman for The Mining Association of Canada, Chairman at Australian Petroleum Production & Exploration Association, Chairman of Viva Energy. Our approach starts with living up to our core values of honesty, integrity and respect for people. Around one-quarter of Shells global capital is invested in Australia, and it is integral to our global strategy to lead in LNG and move into power to provide more and cleaner energy as the system transitions from molecules to electrons in the decades ahead, she said. The proportion of voluntary resignations in Shell was 4.4% in 2021 compared with 2.6% in 2020. In 2021, the continuing COVID-19 pandemic brought additional focus onconduct risk, which arises from human behaviour, influenced by factors inthe external environment. 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