And I'm always expanding my knowledge to what I don't know I don't know. 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. He also pulled off the $70 billion purchase of BG Group in 2016, which made it a leading force in liquefied natural gas (LNG). 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. 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. Our people are essential to the successful delivery of Shells strategy and to sustaining business performance over the long term. Our kids grew up in Montreal and so have a very strong language in French. While balancing cash-generating fossil fuels and emissions wont get any easier, Sawan looks the best placed to try. 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. This interview has been edited and condensed. 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. My passion has been around trying to make a difference in how we contribute to developing the world from the resources that we have. Our approach starts with living up to our core values of honesty, integrity and respect for people. 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. Search zoe yujnovich shell salary and check where the nearest petrol station is. 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. 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. Internal investigations confirmed 181 substantiated breaches of the Code of Conduct in 2021. But in essence, there is a really strong commonality. 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. Facilitation payments are also prohibited. He joined Shell in 1995 and led many Downstream businesses across Shell in Europe, Africa, North and South America, and Asia. Shell Upstream Director Zo Yujnovich was appointed Shell's Upstream Director and joined the Executive Committee in October 2021. Shell shares were trading at 26.8 euros. They are communicated to Shell employees and contract staff and, where necessary and appropriate, to agents and business partners. . Zoe A Yujnovich is Exec VP/Dir:Upstream at Shell PLC. Our workplace accessibility (WPA) service currently serves 86 locations globally. In certain circumstances, awards may beadjusted before delivery or subject to clawback after delivery. The forum now has 14 chapters globally. Shell has a global LGBT+ forum consisting of LGBT+ colleagues and allies. The Board has delegated the oversight of the functioning of the Shell Global Helpline to the Audit Committee. 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. It's about finding out what gives you energy rather than what saps the energy from you. These include webcasts and all-staff messages from our Chief Executive Officer (CEO) Ben van Beurden, senior leader webcasts, town halls, team meetings, virtual coffee/chai connects, interviews with Senior Management, and online publications via our intranet. This article was published more than 6 years ago. Eight years and one month (appointed February 2014). We investigate all good-faith allegations of breaches of the Code ofConduct, however they are raised. The Toowoomba-born executive has a long history with QGC, which also supplies about 20 per cent of the east coast domestic gas market and was the worlds first plant to export LNG made from gas extracted from coal seams. Most recently she was Executive Vice President for Shells Conventional Oil & Gas business with operations in 19 countries. From 2011 to 2013, he was Country Chair Russia and Executive Vice President for Russia and the Caspian region. 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. The increase was caused by the rise in the availability of virtual courses as we rapidly digitalised, enabling people toattend virtually. Prior to joining Shell, she served in a number of management roles for Rio Tinto. 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 Follow the topics, people and companies that matter to you. Zo has lived in nine countries across five continents and sits on several not-for-profit Boards. In 2021, 78.5% of our UK employees identified as white and 21.5% were from an ethnic minority background. The Shell Ethics and Compliance Office regularly reviews and revises all ethics and compliance programmes to ensure they remain up to date with applicable laws, regulations and best practices. As ethnicity declaration is voluntary, our ethnicity declaration rate is not 100% and all calculations are based on a declaration rate of 81%. Donny was previously General Counsel for Projects & Technology, based in the Netherlands. This allowed us to continue to invest in people and capabilities, while maintaining our focus on safety. 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. We are creating an environment where people with disabilities can excel. 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. There are many differences across cultures, some a bit obvious like the food we eat and the things we do. Most of our work around LGBT+ inclusion happens at a country level in line with local policies, laws and regulations. We have a number of share plans designed to align employees interests with our performance through share ownership. 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. Follow the topics, people and companies that matter to you. 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. For 2020, 11.25% of the award was linked to the FCF measure and 5% was linked to an energy transition measure. She has more than 25 years experience in various aspects of industry, from frontline operations to project execution and strategic leadership. This ensured that all employees whowere leaving Shell had access to an independent professional careercoach who could offer individualised support. 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. We also make our requirements clear to third parties through a variety of measures such as standard contract clauses. We do not tolerate the direct or indirect offer, payment, solicitation oracceptance of bribes in any form. 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. He joined Shell in 1988 based in Australia and then moved to Hong Kong and later to London. 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. 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. Copyright 2023 S&P Global. Note 27 to the Consolidated Financial Statements provides the average number of employees by business segment. Strong engagement helps us to accelerate our peoples development, enhance our leadership capabilities and improve employee performance. 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. This includes incorporating results from relevant internal audits, reviews and investigations, and periodically commissioning external reviews and benchmarking. Neither she nor Ms Slattery has experience as CEO of a listed oil and gas producer, with the same for Ms ONeill. None of the three key executives being talked about by investors, analysts and industry sources has been confirmed by either Woodside or in person. In the Netherlands, we began implementing our first Ethnic Inclusion action plan and established an employee sounding board to support thisprocess. 2021- heden1 jaar 5 maanden. This Report presents the Consolidated Financial Statements of Shell (page 228), the Parent Company . 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. The proportion of voluntary resignations in Shell was 4.4% in 2021 compared with 2.6% in 2020. Our ethnic minority employees identified as Asian (13.1%), black (3.4%), mixed (2.4%) or another ethnic background (2.6%). Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. 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. 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 Real Estate teams developed guidance on returning to site safely for all of our locations. 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. 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. Green energy, currently a trifling contributor to revenue, could be the key to supporting Shells long-term revenue growth. For further information on stakeholder engagement, see Governance. Its very consistent in the equity market that no one is excited about Meg, the source said. LNG, in which Shell has a leading 20% market share, could be the key driver of its medium-term valuation given energy security concerns. 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. Copyright 2023 Surperformance. Performing competitively in the evolving energy system requires competent and empowered people working safely togetheracross Shell. We will also become a stronger organisation, with a richness ofexperience and views to guide us. Dutchman Huibert Vigeveno heads Shells refining operations, which have been making money hand over fist amid record refining margins. 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. 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. An external hire would extend the companys recent track record of tapping outside executives to helm Woodside, with Mr Coleman and his predecessor Don Voelte both recruited from outside. These are reinforced with both global and targeted messages to ensure that Shell staff are kept reminded of their obligations. Shares are awarded subject to a three-year retention period. 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. 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. Legal counsel provides legal advice globally and supports the implementation of programmes. Both appointments are effective Oct. 25. Management regularly engages with our employees, including internally elected employee representatives, through a range of formal and informal channels. Shell in the UK was one of the first FTSE 100 companies to voluntarilypublish ethnicity pay gap data in November 2020. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Our core values are undermined if decisions are taken which fall short of the expected standards of ethical behaviour and compliance. Ed was previously Executive Vice President Strategy, Portfolio & Sustainability. 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. 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. We pay particular attention to our due diligence procedures when dealing with third parties. Zo has held various management positions in Downstream, Integrated Gas and Upstream. For 2019 and 2020, 22.5% of the award is linked to the FCF measure and 10% is linked to an energy transition measure. Sponsors are the people who were advocating, perhaps, without my knowledge. We have migrated to virtual courses and their uptake has increased from2020, when people were still new to the virtual ecosystem. Wael was previously the Upstream Director and amember of the Executive Committee. 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. Two years and eight months (appointed July 2019). Russia's war on Ukraine latest: Putin casts war as battle for nation's survival, India FM Jaishankar says Soros dangerous, debate needed on democracy, Buffett's Berkshire profit falls on investments, currencies, Bill Gates buys Heineken stake, despite saying he's 'not a big beer drinker', Elon Musk recruits team to develop OpenAI rival - The Information, Hedge fund manager Chris Hohn demands Airbus drop Atos deal - letter, Elon Musk's challenge: Stay ahead of the competition, ISS urges Apple shareholders to vote for CEO Tim Cook, other execs' pay packages, Elon Musk accuses media of racism after newspapers drop 'Dilbert' cartoon, French media billionaire Niel fails with bid for TNT television frequence - Arcom. Royal Dutch Shell plc ("Shell") today announces the appointments of Wael Sawan as Integrated Gas and Renewable and Energy Solutions (R&ES) Director and Zo Yujnovich as Upstream Director. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. From 2021, 10% of the award is linked to the FCF measure and 10% is linked to an energy transition measure. 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. We are working to advance LGBT+ inclusion within Shell. We also provided resources for our employees under the Care-for-Self programme. Externally, in the USA, wework closely with the civil rights organisation National Urban League. 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. 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. This isadecrease of three points compared with 2020 but still reflects the resilience of our people in a year of change. Theoutstanding awards take the form of nil-cost options. Sponsorship played a very important for my career. Industry sources argue that that the size of that bonus suggests that Mr Gallagher must effectively have been offered the Woodside role, confirming a view in the market that the board favours an external candidate to take the countrys biggest oil and gas producer into its next phase of development. 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 These options are normally exercisable after completion of a three-year contractual savings period. We also provided tips on setting up and maintaining good ergonomics, working with others virtually and maintaining productivity. This documentary-style series follows investigative journalists as they uncover the truth. 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. We introduced a global minimum standard for outplacement. See here for a complete list of exchanges and delays. Shell was rated as a top employer inthe Workplace Pride Global Benchmark 2021 survey, with a score of 92.4%. 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. 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. 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). 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 . This was a one-off share award granted to all eligible employees of Shell on June 18, 2021. 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. 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. Zoe Yujnovich joined Shell in 2014 as Vice President Oil Sands Joint Venture, based in Calgary, Alberta. Zoe Yujnovich. Two years and two months (appointed January 2020). Huibert was previously Executive Vice President Global Commercial. In some cases, we may report a violation to the relevant authorities, which couldlead to legal action, fines or imprisonment. The Shell People Survey is one of the principal tools used to measure employee engagement, motivation, affiliation and commitment to Shell. In 2021, the response rate was 83%, a decrease of 3.1percentage points compared with 2020. As of December 31, 2021, 8% of our Board members were from an ethnicminority. 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. Our response to the pandemic remains to reiterate and emphasise that adherence to Shells compliance rules (including the Code of Conduct) remains essential to protecting our business and helping ustomake the right decisions for the future. 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. formal training days for employees and joint-venture partners, experienced people joined Shell (34%female), recruited for Shell Business Operations centres (51%%female).
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