Zoe Yujnovich elevated to Shell's senior ranks with new promotion. Both appointments are effective Oct. 25. For me, it's really about making sure that I have the time, or create the time, to spend the time that you need to look after your own health, to look after the family, and to make sure your key relationships are good. 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. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias. We also provided resources for our employees under the Care-for-Self programme. 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. Our CEO Ben van Beurden is a Catalyst CEO Champion for Change. The four internal candidates for the top job all have their merits. In 2021, learners embraced the virtual courses. We aim to increase racial and ethnic representation across our workforce so that we better reflect the communities in which we work and live. 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. Donny was previously General Counsel for Projects & Technology, based in the Netherlands. 6:30PM October 4, 2019. Facilitation payments are also prohibited. Dutchman Huibert Vigeveno heads Shells refining operations, which have been making money hand over fist amid record refining margins. 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. 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 . Zoe A Yujnovich is Exec VP/Dir:Upstream at Shell PLC. 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. Climate change and energy transition. 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. This ensured that all employees whowere leaving Shell had access to an independent professional careercoach who could offer individualised support. Our Real Estate teams developed guidance on returning to site safely for all of our locations. In August, we launched our new organisational structure as part of the Reshape initiative. We also seek to provide what they need if they areworking remotely. Copyright 2023 Surperformance. On October 25, 2021, Wael succeeded Maarten Wetselaar as Integrated Gas, Renewables and EnergySolutions Director. Strategic Report signed on behalf of the Board, Governance of climate-related risks and opportunities, Impact of climate-related risks and opportunities, Safety, Environment and Sustainability Committee, Other regulatory and statutory information, three of our five largest energy-trading divisions are led by women, Note 4 In an industry where women have been traditionally underrepresented, three of our five largest energy-trading divisions are led by women. 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 table below shows actual employee numbers by geographical area. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. We will also become a stronger organisation, with a richness ofexperience and views to guide us. 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. Performing competitively in the evolving energy system requires competent and empowered people working safely togetheracross Shell. This included acting as Executive . Externally, in the USA, wework closely with the civil rights organisation National Urban League. 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. It's somewhat subtle, but I think mentors tend to be more active in terms of perhaps guiding me on specific things. In 2021, there were 1,479 entries to the Shell Global Helpline: 1,177allegations and 302 inquiries. Our approach reinforces respect for people and provides psychological safety for our LGBT+ employees in line with our core values. The rate is low across a range of industries. Eligible employees in participating countries may participate in the GlobalEmployee Share Purchase Plan. Chief Financial Officer Tenure Appointed with effect from April 1, 2022 Age Born 1977 Nationality British Career Sinead was previously Executive Vice President, Finance, in Shell's global Upstream business. 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. Allegations may be raised confidentially and anonymously through several channels, including a Shell Global Helpline operated by an independent provider. 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. She has more than 25 years experience in various aspects of industry, from frontline operations to project execution and strategic leadership. Wael was previously the Upstream Director and amember of the Executive Committee. Shell shares were trading at 26.8 euros. Zoe Yujnovich. For 2019 and 2020, 22.5% of the award is linked to the FCF measure and 10% is linked to an energy transition measure. These standards are set out in the Shell General Business Principles and our Code of Conduct. West Australian Newspapers Limited 2023, From broken home to using hallucinogens, Harry tells all, Widely distributed power sources depend on smart meters, Sunrise gas project a conundrum for Albanese and activists, The real truth behind super tax firestorm. Zo Yujnovich was appointed Shells Upstream Director and joined the Executive Committee in October 2021. 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. 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. 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 . Fri, 10/15/2021 - 09:35 AM. We are launching mandatory anti-racism training for all US staff. This article was published more than 6 years ago. This button displays the currently selected search type. 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. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. 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. These options are normally exercisable after completion of a three-year contractual savings period. Woodside had declined to comment on the status of the CEO search on Tuesday ahead of an expected update from chairman Richard Goyder at the annual shareholder meeting in Perth on Thursday. 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. 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. Looking back now, I certainly didn't have that in university. Legal counsel provides legal advice globally and supports the implementation of programmes. It's about finding out what gives you energy rather than what saps the energy from you. I am an extrovert-turned-introvert. (The author is a Reuters Breakingviews columnist. As told to Karl Moore and Aya Schechner. Recently appointed Chief Financial Officer Sinead Gorman and Zoe Yujnovich, head of upstream, are also seen as possible successors, the sources said. Shell was rated as a top employer inthe Workplace Pride Global Benchmark 2021 survey, with a score of 92.4%. 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. He joined Shell in 1997 and worked in a variety of roles in each ofShells core business units: Upstream, Integrated Gas and Downstream. 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 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. Subscribers with digital access can view this article. Webelong to PurpleSpace, a networking and professional development hub for disabled employees, employee network leads and allies from allsectors and trades. On January 1, 2020, Huibert succeeded John Abbott as Downstream Director and was appointed to the Executive Committee. Two years and eight months (appointed July 2019). 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. 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. Opinions expressed are those of the author. 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. Jessica Uhl was included in the OUTstanding 2021 Ally Executives Role Model List, which recognises business leaders who help create more inclusive workplaces. I use it as a meditation time. The shake-up will see Shell Australia chairman Zoe Yujnovich move to company headquarters at The Hague. Some information may no longer be current. Now, I actually really value listening to others before I speak. 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. 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. Our core values are undermined if decisions are taken which fall short of the expected standards of ethical behaviour and compliance. Huibert was previously Executive Vice President Global Commercial. 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. 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. 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. Directors and Senior Management. (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 . This isadecrease of three points compared with 2020 but still reflects the resilience of our people in a year of change. Copyright 2023 S&P Global. 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. In 2008, he was appointed Head of Legal at Shell Singapore, having served as Associate General Counsel for Gas & Power in Asia-Pacific. Get exclusive discounts on movie tickets, dining and popular attractions. 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. Offshore staff THE HAGUE, the Netherlands - Royal Dutch Shell plc has appointed Wael Sawan as Integrated Gas and Renewable and Energy Solutions Director and Zo Yujnovich as Upstream Director. From 2011 to 2013, he was Country Chair Russia and Executive Vice President for Russia and the Caspian region. None of the three key executives being talked about by investors, analysts and industry sources has been confirmed by either Woodside or in person. 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. Follow us on Twitter: @globe_careersOpens in a new window. 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. 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 . In 2009, Huibert was appointed Vice President Supply & Distribution, Europe and Africa. As of December 31, 2021, there are no outstanding UK Sharesave or BG Sharesave options. 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Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. 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.. We promote equal opportunity and create an environment where people feel included, regardless of sexual orientation or gender identity. Note 27 to the Consolidated Financial Statements provides the average number of employees by business segment. 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. Supported by functions such as Shell Health, HR, Real Estate andIT, WPA is designed to ensure that all employees have access to reasonable physical workplace or other adjustments so that they can workeffectively and productively. 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. She has led Shell Australia for the past. Everyone wants to make a real difference. 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. 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. We are part ofBlack Representation in Marketing (BRiM), a UK initiative to improve the representation of black people in marketing. 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). Ms Yujnovich told The West Australian's Leadership Matters breakfast event yesterday the ability to do that was the result of the culture of her business, saying that if the . 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. We are working to address racial inequity. 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. They are communicated to Shell employees and contract staff and, where necessary and appropriate, to agents and business partners. 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. Previously she was Country Chair for Shells businesses in Australia and New Zealand and Executive Vice President for Oil Sands in Canada. She was previously executive vice president of oil sands, based in Calgary. In 2021, 47% of our graduate recruits were female, compared with 49% in2020. [A] From 2021, 10% of the award is linked to the FCF measure and 10% is linked to an energy transition measure. 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. Shell belongs totheBusiness Disability Forum. Australian Petroleum Production and Exploration Association, Executive Vice President & Country Chair of Shell Australia, Executive Vice President, Oil Sands Operations. We have constantly sought to show care for anyone losing theirrole. The programme is underpinned by our commitment to prohibit bribery, money laundering and tax evasion, andtoconduct business in line with our Shell General Business Principlesand Code of Conduct. The deal was seen as a precursor to Shell eventually competing in the consumer space against the likes of Origin Energy and AGL. I know what I know, I know what I don't know, and I don't know what I don't know.

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