Shellis working towards achieving 35% representation of women inoursenior leadership positions by 2025 and 40% by 2030. From 2021, 20% of the award is linked to the FCF measure and 20% is linked to an energy transition measure. 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. 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 Enablement and disability inclusion focus area is sponsored by Harry Brekelmans, Projects & Technology Director and Huibert Vigeveno, Downstream Director. Shell announces changes to Executive Committee | Shell Global Wehaveachieved this target. Subscribers with digital access can view this article. As of December 31, 2021, 8% of our Board members were from an ethnicminority. Management regularly engages with our employees, including internally elected employee representatives, through a range of formal and informal channels. We have around 3,000 people that are leaving on SVS. 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 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. We are focusing on removing barriers and creating equality of opportunity in four strategic priority areas: gender; race and ethnicity; lesbian, gay, bisexual and transgender (LGBT+); and enablement and disabilities inclusion, as set out in our powering lives commitments to diversity and inclusion. Zoe Yujnovich, the current director of upstream, will head up a new directorate that combines the Integrated Gas and Upstream businesses. Number of selected key business countries. 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. LNG, in which Shell has a leading 20% market share, could be the key driver of its medium-term valuation given energy security concerns. 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. Internal investigations confirmed 181 substantiated breaches of the Code of Conduct in 2021. 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. This isadecrease of three points compared with 2020 but still reflects the resilience of our people in a year of change. Regular chances to win incredible prizes like luxury getaways and sports tickets with our subscriber exclusive competitions. 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. Zo Yujnovich was appointed Shell's Upstream Director and joined the Executive Committee in October 2021. 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. The increase was caused by the rise in the availability of virtual courses as we rapidly digitalised, enabling people toattend virtually. 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. 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. She has more than 25 years experience in various aspects of industry, from frontline operations to project execution and strategic leadership. For 2019 and 2020, 22.5% of the award is linked to the FCF measure and 10% is linked to an energy transition measure. We track local national coverage. 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. We also provided tips on setting up and maintaining good ergonomics, working with others virtually and maintaining productivity. We help to increase the appeal of working for Shell through flexible working options, supportive policies such as a global minimum maternity leave of 16 weeks, regular engagements between management and employees, and career development tools such as individual development plans, coaching andformal training. None of the three key executives being talked about by investors, analysts and industry sources has been confirmed by either Woodside or in person. It's about finding out what gives you energy rather than what saps the energy from you. Copyright 2023 S&P Global. In 2008, he was appointed Head of Legal at Shell Singapore, having served as Associate General Counsel for Gas & Power in Asia-Pacific. 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. We are working to advance LGBT+ inclusion within Shell. 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. Most of our work around LGBT+ inclusion happens at a country level in line with local policies, laws and regulations. We publish our Ethics and Compliance Manual onshell.com to demonstrate our commitment in this area. Australian Petroleum Production and Exploration Association, Executive Vice President & Country Chair of Shell Australia, Executive Vice President, Oil Sands Operations. He joined Shell in 1988 and has held roles in Shells Upstream, Integrated Gas, and Downstream businesses and our Projects & Technology organisation. Sean Smith The West Australian. West Australian Zoe Yujnovich, widely seen as a contender for the now filled top job at Woodside Petroleum, has been promoted into Shells peak management body. Zoe A Yujnovich, Shell PLC: Profile and Biography The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. 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. 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. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. But an ongoing energy crisis means oil prices could hover around $100 a barrel for a while, which legitimises hanging around in fossil fuels. We seek to ensure everyone atShell has equal opportunities and feels included. For information on the share-based compensation plans for Executive Directors, see the Directors Remuneration Report. 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. 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 approach starts with living up to our core values of honesty, integrity and respect for people. Recently appointed Chief Financial Officer Sinead Gorman and Zoe Yujnovich, head of upstream, are also seen as possible successors, the sources said. 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. BHPs head of petroleum Geraldine Slattery, an Ireland-raised physics graduate now based in Houston and with 25 years experience at the miners oil and gas division, is also said by some to be in the running, although others say not. 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 provide support and make adjustments for people with disabilities during the recruitment process and throughout their careers with Shell. One of the things that strikes me is just the generosity and the care in Canadian people. LONDON, Sept 2 (Reuters Breakingviews) - Shell (SHEL.L) is about to get a new boss. As a result of different notice periods in various markets, people are continuing to leave until the end of 2022. 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. The remaining 60% is linked to the comparative performance condition. 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. We are creating an environment where people with disabilities can excel. Our workplace accessibility (WPA) service currently serves 86 locations globally. 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. Shell is Woodside's biggest partner in the Browse project and both Woodside and Shell are facing pressure from the Morrison government to proceed. The rate is low across a range of industries. The opinions expressed are his own.). 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. He joined Shell in 1988 based in Australia and then moved to Hong Kong and later to London. We are part ofBlack Representation in Marketing (BRiM), a UK initiative to improve the representation of black people in marketing. This included offering funding to new joiners for home-use office equipment. Ms Yujnovich will take up a key role in shaping Shells future in conventional oil and gas across 18 countries, excluding Australia, from January. Zo has held various management positions in Downstream, Integrated Gas and Upstream. All Rights Reserved. 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. Performing competitively in the evolving energy system requires competent and empowered people working safely togetheracross Shell. zoe yujnovich shell salary - Nearest Petrol Station Prices, Address We promote equal opportunity and create an environment where people feel included, regardless of sexual orientation or gender identity. This documentary-style series follows investigative journalists as they uncover the truth. The table below shows actual employee numbers by geographical area. This article was published more than 6 years ago. 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. The four internal candidates for the top job all have their merits. The shake-up will see Shell Australia chairman Zoe Yujnovich move to company headquarters at The Hague. Our Real Estate teams developed guidance on returning to site safely for all of our locations. 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. Zo Yujnovich will become the second woman on Shell's eight-strong executive committee. For further information on stakeholder engagement, see Governance. 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). Zoe Yujnovich was appointed the Executive Vice President, Heavy Oil on January 1, 2016. Our approach reinforces respect for people and provides psychological safety for our LGBT+ employees in line with our core values. Prior to her current role, Zo was the Executive Vice President for Shell's Conventional Oil and Gas business, which spans 19 countries including Nigeria, UK, Malaysia, Oman, Brunei and Kazakhstan. 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. Ms Yujnovich will take up a key role in shaping Shell's future in conventional oil and gas across 18 countries, excluding Australia, from January. 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. Shell appoints new heads of upstream and gas-renewables divisions She started her career as a civil engineer before moving into finance roles when she joined Shell in 1999. Whether Woodsides new CEO will expand the Pluto LNG project is a point of debate among investors. Webelong to PurpleSpace, a networking and professional development hub for disabled employees, employee network leads and allies from allsectors and trades. In line with the UN Global Compact Principle 10 (businesses should workagainst corruption in all its forms, including extortion and bribery), we maintain a global anti-bribery and corruption/anti-money laundering (ABC/AML) programme designed to prevent, detect, remediate and learnfrom potential violations. See here for a complete list of exchanges and delays. These options are normally exercisable after completion of a three-year contractual savings period. The employee engagement score is based on a well-researched and validated model that combines satisfaction, motivation, affiliation, loyaltyand dedication. 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? Six years and two months (appointed January 2016). Ed was previously Executive Vice President Strategy, Portfolio & Sustainability. Zo Yujnovich Zo Yujnovich - Biography - MarketScreener.com Shell has a global LGBT+ forum consisting of LGBT+ colleagues and allies. 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. 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. In 2021, the continuing COVID-19 pandemic brought additional focus onconduct risk, which arises from human behaviour, influenced by factors inthe external environment. That's really been what fuels my passion. 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. 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. (The author is a Reuters Breakingviews columnist. 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. 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. Zoe Yujnovich: 'I actually really value listening to others before I See here for a complete list of exchanges and delays. We also seek to provide what they need if they areworking remotely. Female contenders vie for Woodside CEO role - Australian Financial Review In 2021, the response rate was 83%, a decrease of 3.1percentage points compared with 2020. Oksana Bilyk on LinkedIn: #shell Female representation among unlisted producers, or Australian arms of international producers, has been slightly less rare, among them Ms Yujnovich herself, a previous Shell Australia chairwoman and current Woodside director Ann Pickard, former BG Group Australia chairwoman Catherine Tanna, now CEO of EnergyAustralia, and Seven Groups SGH Energy CEO Margaret Hall. In some cases, we may report a violation to the relevant authorities, which couldlead to legal action, fines or imprisonment. The forum now has 14 chapters globally. 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 Our ethnic minority employees identified as Asian (13.1%), black (3.4%), mixed (2.4%) or another ethnic background (2.6%). Shell Names New Upstream Director after Wael Sawan Moves to Renewables Before that, hewas Executive Vice President Deep Water and amember of the Upstream Leadership Team. By contrast, Canadian Wael Sawan looks ideal. Both appointments are effective Oct. 25, 2021. Everyone wants to make a real difference. Violation of the Code of Conduct or its policies can result in disciplinary action, up to and including contract termination or dismissal. 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. She has led Shell Australia for the past. Two years and two months (appointed January 2020). 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. (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 . We are launching mandatory anti-racism training for all US staff. In the Netherlands, we began implementing our first Ethnic Inclusion action plan and established an employee sounding board to support thisprocess. Fri, 15 October 2021 1:02AM. Shell shares were trading at 26.8 euros. He previously served as Shells UK Country Chair. This was a one-off share award granted to all eligible employees of Shell on June 18, 2021. 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. Ronan previously served as EVP HR for both the Downstream and Upstream International businesses in turn. Now, I actually really value listening to others before I speak. Shell says restructuring could bring job cuts - ETHRWorld She has more than 25 years' experience in various aspects of industry, from frontline operations to project execution and strategic leadership. 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. 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. Watch and listen to a variety of WA true crime series, video channels and podcasts with commentary on news, politics and current affairs. Shell makes changes to executive committee | Oil & Gas Journal Zoe Yujnovich elevated to Shell's senior ranks with new promotion BHP's Geraldine Slattery leads pack to replace Peter Coleman at Woodside Zoe Yujnovich. We have migrated to virtual courses and their uptake has increased from2020, when people were still new to the virtual ecosystem. We have constantly sought to show care for anyone losing theirrole. 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. Get exclusive discounts on movie tickets, dining and popular attractions. Integrated Gas, Renewables and Energy Solutions Director until October 2021 (appointed January 2016). In 2021, weformed the Global enABLEMENT Coalition, an internal forum bringing together enABLE networks and functions to create an inclusive, accessible and psychologically safe workplace for people with disabilities. This result gives Shell one ofthe leading employee engagement scores across a range of industries. Two of our LGBT+ colleagues were featured in the OUTstanding 2021 LGBT+ Future Leaders List. 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. Legal counsel provides legal advice globally and supports the implementation of programmes. Click on a photograph to read the full biography, Seven years and five months (appointed October 2014). Zoe Yujnovich - Business News 52, has been on Shell's executive committee since January 2016 as its head of integrated gas . This includes incorporating results from relevant internal audits, reviews and investigations, and periodically commissioning external reviews and benchmarking. It's somewhat subtle, but I think mentors tend to be more active in terms of perhaps guiding me on specific things. 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. All are members of the Executive Committee (see Governance Framework). Work-life balance is a bit tricky because it indicates that, at any moment, things are in perfect harmony. In 2021, there were 1,479 entries to the Shell Global Helpline: 1,177allegations and 302 inquiries. Our Standards: The Thomson Reuters Trust Principles. Huibert Vigeveno | Shell Global . I am an extrovert-turned-introvert. 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.
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