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. 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. Dutchman Huibert Vigeveno heads Shells refining operations, which have been making money hand over fist amid record refining margins. In 2021, 47% of our graduate recruits were female, compared with 49% in2020. In 2021, we continued to support our people and assist in the fight against COVID-19. Shell shares were trading at 26.8 euros. Ronan previously served as EVP HR for both the Downstream and Upstream International businesses in turn. 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 . Climate change and energy transition. We publish our Ethics and Compliance Manual onshell.com to demonstrate our commitment in this area. In 2020, we created the Shell Diversity and Inclusion (D&I) Council for Race, supported by a20-member Employee Advisory Board composed of members from adiverse mix of racial and ethnic backgrounds. The global . 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. 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 See here for a complete list of exchanges and delays. The employee engagement score is based on a well-researched and validated model that combines satisfaction, motivation, affiliation, loyaltyand dedication. 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. Shell to combine its integrate gas, upstream businesses 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. Integrated Gas, Renewables and Energy Solutions Director until October 2021 (appointed January 2016). 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. Shell is Woodside's biggest partner in the Browse project and both Woodside and Shell are facing pressure from the Morrison government to proceed. Shell Names New Upstream Director after Wael Sawan Moves to Renewables The industry leader for online information for tax, accounting and finance professionals. Shell is active in external organisations and activities thatadvance LGBT+ inclusion. Wael was previously the Upstream Director and amember of the Executive Committee. Regular communications from our leaders emphasise the importance ofthese commitments and compliance with requirements. Click on a photograph to read the full biography, Seven years and five months (appointed October 2014). Work-life balance is a bit tricky because it indicates that, at any moment, things are in perfect harmony. We are launching mandatory anti-racism training for all US staff. Recently appointed Chief Financial Officer Sinead Gorman and Zoe Yujnovich, head of upstream, are also seen as possible successors, the sources said. Two of our LGBT+ colleagues were featured in the OUTstanding 2021 LGBT+ Future Leaders List. Comments. 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. Zo Yujnovich was appointed Shells Upstream Director and joined the Executive Committee in October 2021. 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. 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. Huibert was previously Executive Vice President Global Commercial. All are members of the Executive Committee (see Governance Framework). 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. 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. We benchmark ourselves externally, with consistent top-tier results. These options are normally exercisable after completion of a three-year contractual savings period. 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. These options are normally exercisable after completion of a three-year orfive-year contractual savings period. We launched two mandatory training courses for all staff in 2021: Respect in the Workplace and Conscious Inclusion. Zoe Yujnovich elevated to Shell's senior ranks with new promotion 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. For 2019 and 2020, 22.5% of the award is linked to the FCF measure and 10% is linked to an energy transition measure. Management regularly engages with our employees, including internally elected employee representatives, through a range of formal and informal channels. Zo Yujnovich - ADIPEC 2022 One of the things that strikes me is just the generosity and the care in Canadian people. 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). Our approach reinforces respect for people and provides psychological safety for our LGBT+ employees in line with our core values. Shell appoints new heads of upstream and gas-renewables divisions 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. 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. As ethnicity declaration is voluntary, our ethnicity declaration rate is not 100% and all calculations are based on a declaration rate of 81%. 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. Now, I actually really value listening to others before I speak. Oksana Bilyk on LinkedIn: #shell 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. We monitor and report internally on adherence to select ethics and compliance requirements, such as mandatory training completion andduediligence screening. Under the Performance Share Plan (PSP), 50% of the award is linked to certain indicators described in Performance indicators, averaged over the performance period. (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 . Sawan took office on Jan. 1 . 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? There were a total of 87,000 employees atDecember 31, 2020, and December 31, 2019. Opinions expressed are those of the author. Both appointments are effective Oct. 25. We track local national coverage. 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. Shell is a member of The Valuable 500, a global business group whichseeks to eliminate the exclusion of disabled people and ensure thatdisability remains a priority for company leaders. 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. These awards vest at the end of a one-year period. Shell makes executive committee changes | Offshore The forum now has 14 chapters globally. Shell was rated as a top employer inthe Workplace Pride Global Benchmark 2021 survey, with a score of 92.4%. This award supports employee engagement in the Powering Progress strategy. Sean Smith The West Australian. Thisincludes equal access to valuable educational resources, training programmes, and emphasis on personal and professional development. In the Netherlands, we began implementing our first Ethnic Inclusion action plan and established an employee sounding board to support thisprocess. For information on the share-based compensation plans for Executive Directors, see the Directors Remuneration Report. 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. Our core values are undermined if decisions are taken which fall short of the expected standards of ethical behaviour and compliance. 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. In certain circumstances, awards may beadjusted before delivery or subject to clawback after delivery. Plenty of credible candidates exist to replace him, but one looks the most obvious. She then chaired Shell Australia for 2 years from early 2017. Number of selected key business countries. Eligible employees of participating Shell companies in the UK have beenable to participate in the UK Sharesave Scheme. 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 has more than 25 years experience in various aspects of industry, from frontline operations to project execution and strategic leadership. These will help us to continue toembed inclusive behaviours in our culture. 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. This plan enables them to make contributions from net pay towards the purchase of the Companys shares at a 15% discount to the market price, either at the start or at the end of anannual cycle, whichever date offers the lower market price. 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 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. Around one-quarter of Shells global capital is invested in Australia, and it is integral to our global strategy to lead in LNG and move into power to provide more and cleaner energy as the system transitions from molecules to electrons in the decades ahead, she said. Zoe Yujnovich joined Shell in 2014 as Vice President Oil Sands Joint Venture, based in Calgary, Alberta. 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. This article was published more than 6 years ago. My passion has been around trying to make a difference in how we contribute to developing the world from the resources that we have. Zo Yujnovich It's about finding out what gives you energy rather than what saps the energy from you. From 2011 to 2013, he was Country Chair Russia and Executive Vice President for Russia and the Caspian region. In some cases, we may report a violation to the relevant authorities, which couldlead to legal action, fines or imprisonment. Sponsorship played a very important for my career. 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But an ongoing energy crisis means oil prices could hover around $100 a barrel for a while, which legitimises hanging around in fossil fuels. BHP's Geraldine Slattery leads pack to replace Peter Coleman at Woodside 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. These standards are set out in the Shell General Business Principles and our Code of Conduct. In certain circumstances, awards may be adjusted before delivery or subject to clawback after delivery. This was a one-off share award granted to all eligible employees of Shell on June 18, 2021. Watch and listen to a variety of WA true crime series, video channels and podcasts with commentary on news, politics and current affairs. 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. Our CEO Ben van Beurden is a Catalyst CEO Champion for Change. 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. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. In 2021, the response rate was 83%, a decrease of 3.1percentage points compared with 2020. Zoe Yujnovich, who heads oil exploration, and Sinead Gorman, who recently joined as chief financial officer, are both well thought of. Recently appointed Chief Financial Officer Sinead Gorman and Zoe Yujnovich, head of upstream, are also seen as possible successors, the sources said. 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. In certain markets, we provided the opportunity for selected voluntary severance (SVS), in order to reduce the number of enforced redundancies. The stuff I know I don't know, I can actually get help and support on. The LGBT+ focus area issponsored by Chief Financial Officer Jessica Uhl. 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. Shell shares were trading at 26.8 euros as of 1000 GMT on Sept. 2, up 1.7%. 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.
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