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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. Leading the pack is former Shell Australia chairwoman Zoe Yujnovich, now a heavy hitter at the energy giant's global headquarters in The Hague where she heads the worldwide conventional oil and . Ms Yujnovich said on Friday that Australia was central to Shells LNG business and for its plans to move into providing cleaner energy. Our approach starts with living up to our core values of honesty, integrity and respect for people. This allowed us to continue to invest in people and capabilities, while maintaining our focus on safety. With over twenty years of global experience in the mining industry, Zoe joined Shell in 2014 as Vice President Oil Sands Joint Venture. Zoe Yujnovich. 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. 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. Shell in the UK was one of the first FTSE 100 companies to voluntarilypublish ethnicity pay gap data in November 2020. Fri, 15 October 2021 1:02AM. 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. As of December 31, 2021, there are no outstanding UK Sharesave or BG Sharesave options. Zo Yujnovich. 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 Plenty of credible candidates exist to replace him, but one looks the most obvious. In certain markets, we provided the opportunity for selected voluntary severance (SVS), in order to reduce the number of enforced redundancies. 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. All rights reserved. Recently appointed Chief Financial Officer Sinead Gorman and Zoe Yujnovich, head of upstream, are also seen as possible successors, the sources said. Work-life balance is a bit tricky because it indicates that, at any moment, things are in perfect harmony. 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. Shares are awarded subject to a three-year retention period. 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. For 2020, 11.25% of the award was linked to the FCF measure and 5% was linked to an energy transition measure. See Note 22 to the Consolidated Financial Statements. Donny was previously General Counsel for Projects & Technology, based in the Netherlands. Gemarkeerd als interessant door Zoe Yujnovich Neem nu deel om alle activiteiten te bekijken Ervaring Shell 8 jaar 5 maanden Upstream Director Shell okt. Shell shares were trading at 26.8 euros as of 1000 GMT on Sept. 2, up 1.7%. We introduced a global minimum standard for outplacement. From 2017 no further grants weremade under this plan. The remaining 60% is linked to the comparative performance condition. LNG, in which Shell has a leading 20% market share, could be the key driver of its medium-term valuation given energy security concerns. She is married with three children. 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. These options are normally exercisable after completion of a three-year contractual savings period. Ms Yujnovich will take up a key role in shaping Shells future in conventional oil and gas across 18 countries, excluding Australia, from January. 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. Australian Petroleum Production and Exploration Association, Executive Vice President & Country Chair of Shell Australia, Executive Vice President, Oil Sands Operations. 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. He joined Shell in 1988 and has held roles in Shells Upstream, Integrated Gas, and Downstream businesses and our Projects & Technology organisation. As told to Karl Moore and Aya Schechner. This article was published more than 6 years ago. Sawan took office on Jan. 1 . 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. 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. In 2012 he became Executive Chair of Shell in China, and in 2016 led the integration of BG Group. 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. 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. 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. 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. 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. 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. Dutchman Huibert Vigeveno heads Shells refining operations, which have been making money hand over fist amid record refining margins. But in essence, there is a really strong commonality. Zoe A Yujnovich is Exec VP/Dir:Upstream at Shell PLC. Prior to joining Shell, she served in a number of management roles for Rio Tinto. We want everyone to have a strong sense of belonging, irrespective of our differences. She was previously executive vice president of oil sands, based in Calgary. We co-sponsored the UK 2021 Race at Work survey conducted bythemembership organisation Business in the Community. Before that, hewas Executive Vice President Deep Water and amember of the Upstream Leadership Team. Two years and eight months (appointed July 2019). Externally, in the USA, wework closely with the civil rights organisation National Urban League. 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. Zo Yujnovich was appointed Shell's Upstream Director and joined the Executive Committee in October 2021. 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. We launched two mandatory training courses for all staff in 2021: Respect in the Workplace and Conscious Inclusion. Whether Woodsides new CEO will expand the Pluto LNG project is a point of debate among investors. 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. Most recently she was Executive Vice President for Shells Conventional Oil & Gas business with operations in 19 countries. 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. The market would like to see them go external.. 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. 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 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. Shell shares were trading at 26.8 euros. Webelong to PurpleSpace, a networking and professional development hub for disabled employees, employee network leads and allies from allsectors and trades. See here for a complete list of exchanges and delays. She holds an engineering degree from the University of Western Australia and an Executive MBA from the University of Utah. 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. In the UK, Shell was one of the first signatories to the Race at Work Charter of the Business in The Community organisation. She has more than 25 years' experience in various aspects of industry, from frontline operations to project execution and strategic leadership. We do not tolerate the direct or indirect offer, payment, solicitation oracceptance of bribes in any form. In the Netherlands, we began implementing our first Ethnic Inclusion action plan and established an employee sounding board to support thisprocess. We pay particular attention to our due diligence procedures when dealing with third parties. Subscribers with digital access can view this article. 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. I gain a lot of energy by keeping fit, and I enjoy competing in half and full marathons. 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). 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. 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. Get exclusive discounts on movie tickets, dining and popular attractions. These numbers exclude those in companies with their own HR systems. Mr Gallagher dropped out of the race after signing on to a $6 million incentive announced by Santos on Monday that will tie him to his current role until the end of 2025. 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. She has more than 25 years experience in various aspects of industry, from frontline operations to project execution and strategic leadership. The increase was caused by the rise in the availability of virtual courses as we rapidly digitalised, enabling people toattend virtually. In 2021, we continued to support our people and assist in the fight against COVID-19. Recently appointed Chief Financial Officer Sinead Gorman and Zoe Yujnovich, head of upstream, are also seen as possible successors, the sources said. The remaining 33.75% was linked to the comparative performance condition. Shell was rated as a top employer inthe Workplace Pride Global Benchmark 2021 survey, with a score of 92.4%. 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. Our approach reinforces respect for people and provides psychological safety for our LGBT+ employees in line with our core values. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. 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. Previously she was Country Chair for Shells businesses in Australia and New Zealand and Executive Vice President for Oil Sands in Canada. 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. 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. We monitor and report internally on adherence to select ethics and compliance requirements, such as mandatory training completion andduediligence screening. The opinions expressed are his own.). Click on a photograph to read the full biography, Seven years and five months (appointed October 2014). Sponsors are the people who were advocating, perhaps, without my knowledge. 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. But the things I don't know about are blind spots that have the potential to really create concern. LONDON, Sept 2 (Reuters Breakingviews) - Shell (SHEL.L) is about to get a new boss. We provide support and make adjustments for people with disabilities during the recruitment process and throughout their careers with Shell. In 2021, there were 1,479 entries to the Shell Global Helpline: 1,177allegations and 302 inquiries. My passion has been around trying to make a difference in how we contribute to developing the world from the resources that we have. 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). Zo has lived in nine countries across five continents and sits on several not-for-profit Boards. 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. We are working to address racial inequity. Huibert was previously Executive Vice President Global Commercial. 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. Subscribers with digital access can view this article. In August, we launched our new organisational structure as part of the Reshape initiative. We are creating an environment where people with disabilities can excel. 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. 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. This was a one-off share award granted to all eligible employees of Shell on June 18, 2021. It's somewhat subtle, but I think mentors tend to be more active in terms of perhaps guiding me on specific things. The Shell People Survey is one of the principal tools used to measure employee engagement, motivation, affiliation and commitment to Shell. Regular chances to win incredible prizes like luxury getaways and sports tickets with our subscriber exclusive competitions. 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. Huibert was previously Executive Vice President Global Commercial. 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. Facilitation payments are also prohibited. Wehaveachieved this target. First launched intheUK in 2005, we now have 14 enABLE networks globally. The remaining 67.5% is linked to the comparative performance condition mentioned above. Fri, 10/15/2021 - 09:35 AM. This documentary-style series follows investigative journalists as they uncover the truth. Directors and Senior Management. In 2021, 47% of our graduate recruits were female, compared with 49% in2020. 2021- heden1 jaar 5 maanden. 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. In 2021, 78.5% of our UK employees identified as white and 21.5% were from an ethnic minority background. Our Real Estate teams developed guidance on returning to site safely for all of our locations. 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. He joined Shell in 1988 based in Australia and then moved to Hong Kong and later to London. 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. We are part ofBlack Representation in Marketing (BRiM), a UK initiative to improve the representation of black people in marketing. Legal counsel provides legal advice globally and supports the implementation of programmes. On October 25, 2021, Zo succeeded Wael Sawan as Upstream Director and was appointed to the Executive Committee. 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 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. This result gives Shell one ofthe leading employee engagement scores across a range of industries. 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. In his new role, Wael Sawan will oversee Shell's continued expansion into low-carbon and renewable energies as well as the power markets. 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. The remaining 30% is linked to the comparative performance condition. Get the news you want delivered straight to your inbox so you never miss a headline. However Ms Yujnovich, an Australian by birth, is said to be so well regarded in Shell that she could be in line for the upper echelons of management were she to remain in place for another few years. Musk Made a Mess at Twitter. I am an extrovert-turned-introvert. Shell is active in external organisations and activities thatadvance LGBT+ inclusion. 6:30PM October 4, 2019. Eligible employees in participating countries may participate in the GlobalEmployee Share Purchase Plan. See Zoe A Yujnovich's compensation, career history, education, & memberships. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. He previously served as Shells UK Country Chair. 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. 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. Sean Smith. Zo Yujnovich will become the second woman on Shell's eight-strong executive committee. We track local national coverage. 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. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. 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. When expanded it provides a list of search options that will switch the search inputs to match the current selection. All are members of the Executive Committee (see Governance Framework). 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. I know what I know, I know what I don't know, and I don't know what I don't know. 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. 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. Zoe's career began in Australia with front line work in a number of mining roles. We offer a good practice anti-bribery and corruption e-learning course to third parties that may not have a training programme in place. 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. 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. Shell Upstream Director Zo Yujnovich was appointed Shell's Upstream Director and joined the Executive Committee in October 2021. We have a number of share plans designed to align employees interests with our performance through share ownership. We also make our requirements clear to third parties through a variety of measures such as standard contract clauses. In 2009, Huibert was appointed Vice President Supply & Distribution, Europe and Africa. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. 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 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. This isadecrease of three points compared with 2020 but still reflects the resilience of our people in a year of change. We have constantly sought to show care for anyone losing theirrole. View whole Malaysia gas station latest petrol prices, address, openning hours, videos, photos, reviews, location, news on WapCar. For information on the share-based compensation plans for Executive Directors, see the Directors Remuneration Report. 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. In some cases, we may report a violation to the relevant authorities, which couldlead to legal action, fines or imprisonment. On October 25, 2021, Wael succeeded Maarten Wetselaar as Integrated Gas, Renewables and EnergySolutions Director. 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. 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. Follow the topics, people and companies that matter to you. For further information on stakeholder engagement, see Governance. I use it as a meditation time. 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. 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. Neither she nor Ms Slattery has experience as CEO of a listed oil and gas producer, with the same for Ms ONeill. Under the Performance Share Plan (PSP), 50% of the award is linked to certain indicators described in Performance indicators, averaged over the performance period. 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. Shell is one of more than 800 companies to have signed the Neptune Declaration, an international agreement sponsored by the Global Maritime Forum, promising to support seafarers during the COVID-19 pandemic. 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. 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. 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). As ethnicity declaration is voluntary, our ethnicity declaration rate is not 100% and all calculations are based on a declaration rate of 81%.