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. We co-sponsored the UK 2021 Race at Work survey conducted bythemembership organisation Business in the Community. Integrated Gas, Renewables and Energy Solutions Director until October 2021 (appointed January 2016). In August, we launched our new organisational structure as part of the Reshape initiative. Eight years and one month (appointed February 2014). It's about finding out what gives you energy rather than what saps the energy from you. 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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. Under all plans, 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. The market would like to see them go external.. 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. On January 1, 2020, Huibert succeeded John Abbott as Downstream Director and was appointed to the Executive Committee. 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. Follow the topics, people and companies that matter to you. This interview has been edited and condensed. Ed was previously Executive Vice President Strategy, Portfolio & Sustainability. 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. 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. Recently appointed Chief Financial Officer Sinead Gorman and Zoe Yujnovich, head of upstream, are also seen as possible successors, the sources said. The industry leader for online information for tax, accounting and finance professionals. It's somewhat subtle, but I think mentors tend to be more active in terms of perhaps guiding me on specific things. Gemarkeerd als interessant door Zoe Yujnovich Neem nu deel om alle activiteiten te bekijken Ervaring Shell 8 jaar 5 maanden Upstream Director Shell okt. 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. Follow the topics, people and companies that matter to you. From 2021, 10% of the award is linked to the FCF measure and 10% is linked to an energy transition measure. That's what I try to focus on at this point in my career. He joined Shell in 1990 and has held various management positions in Exploration and Production, Internal Audit, and Group Strategy and Planning. 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. Two of our LGBT+ colleagues were featured in the OUTstanding 2021 LGBT+ Future Leaders List. 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. 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. 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. Shell shares were trading at 26.8 euros. 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. Six years and two months (appointed January 2016). Zoe Yujnovich elevated to Shell's senior ranks with new promotion. From 2021, 20% of the award is linked to the FCF measure and 20% is linked to an energy transition measure. Get notifications in MyBN when activity occurs. 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. 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 . He used to head oil production. The stuff I know I don't know, I can actually get help and support on. In 2012 he became Executive Chair of Shell in China, and in 2016 led the integration of BG Group. 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. 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. These awards vest at the end of a one-year period. In 2021, 78.5% of our UK employees identified as white and 21.5% were from an ethnic minority background. In 2021, the response rate was 83%, a decrease of 3.1percentage points compared with 2020. Externally, in the USA, wework closely with the civil rights organisation National Urban League. 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. 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. Prior to joining Shell, she served in a number of management roles for Rio Tinto. The forum now has 14 chapters globally. 6:30PM October 4, 2019. Her role in Australia will be filled by Tony Nunan, who currently heads up the oil and gas giant's operations in eastern Australia. But the things I don't know about are blind spots that have the potential to really create concern. Note 27 to the Consolidated Financial Statements provides the average number of employees by business segment. Two years and eight months (appointed July 2019). These options are normally exercisable after completion of a three-year orfive-year contractual savings period. 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 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. For information on the share-based compensation plans for Executive Directors, see the Directors Remuneration Report. We investigate all good-faith allegations of breaches of the Code ofConduct, however they are raised. Shell belongs totheBusiness Disability Forum. She started her career as a civil engineer before moving into finance roles when she joined Shell in 1999. 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. Prior to joining Shell in 2014, Ms Yujnovich held frontline and management roles in mining across three continents. 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. 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. 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. In 2021, learners embraced the virtual courses. In certain circumstances, awards may be adjusted before delivery or subject to clawback after delivery. We are part ofBlack Representation in Marketing (BRiM), a UK initiative to improve the representation of black people in marketing. The four internal candidates for the top job all have their merits. We also make our requirements clear to third parties through a variety of measures such as standard contract clauses. 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. People all over the world want to come to work, be recognized for doing a great job, and contribute to something that energizes them. Our CEO Ben van Beurden is a Catalyst CEO Champion for Change. Whether Woodsides new CEO will expand the Pluto LNG project is a point of debate among investors. 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. As a result, we dismissed or terminated the contracts of a total of 67 employees and contract staff. 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. Regular chances to win incredible prizes like luxury getaways and sports tickets with our subscriber exclusive competitions. 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. I like quiet time when I leave the office to be at home, be with my family, and reenergize in private. These standards are set out in the Shell General Business Principles and our Code of Conduct. In 2021, there were 1,479 entries to the Shell Global Helpline: 1,177allegations and 302 inquiries. Zo Yujnovich. Shell has a global LGBT+ forum consisting of LGBT+ colleagues and allies. Search zoe yujnovich shell salary and check where the nearest petrol station is. We track local national coverage. 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. Both appointments are effective Oct. 25, 2021. 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. Number of selected key business countries. 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. As a result of different notice periods in various markets, people are continuing to leave until the end of 2022. These are reinforced with both global and targeted messages to ensure that Shell staff are kept reminded of their obligations. Fri, 15 October 2021 1:02AM. Our ethnic minority employees identified as Asian (13.1%), black (3.4%), mixed (2.4%) or another ethnic background (2.6%). On October 25, 2021, Zo succeeded Wael Sawan as Upstream Director and was appointed to the Executive Committee. 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 was previously executive vice president of oil sands, based in Calgary. Click on a photograph to read the full biography, Seven years and five months (appointed October 2014). Despite battling with two major oil price slumps and an unprecedented 66% cut to Shells dividend in April 2020, Van Beurdens track record looks acceptable. 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. And I'm always expanding my knowledge to what I don't know I don't know. In 2021 Board members had virtual staff engagements and visited some sites such as Qatar, Shell Pernis, and Pennsylvanian Chemicals park to have direct engagement with staff. Shares are awarded subject to a three-year retention period. As of December 31, 2021, 8% of our Board members were from an ethnicminority. This includes incorporating results from relevant internal audits, reviews and investigations, and periodically commissioning external reviews and benchmarking. He previously served as Shells UK Country Chair. The shake-up will see Shell Australia chairman Zoe Yujnovich move to company headquarters at The Hague. This Report presents the Consolidated Financial Statements of Shell (page 228), the Parent Company . The remaining 67.5% is linked to the comparative performance condition mentioned above. In certain markets, we provided the opportunity for selected voluntary severance (SVS), in order to reduce the number of enforced redundancies. This award supports employee engagement in the Powering Progress strategy. 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. Sponsorship played a very important for my career. 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. With over twenty years of global experience in the mining industry, Zoe joined Shell in 2014 as Vice President Oil Sands Joint Venture. [A] 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. 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. We do not tolerate the direct or indirect offer, payment, solicitation oracceptance of bribes in any form. (The author is a Reuters Breakingviews columnist. Shell also endorsed the World Economic Forum Call to Action on closing the gender gap in theoil and gas sector. As ethnicity declaration is voluntary, our ethnicity declaration rate is not 100% and all calculations are based on a declaration rate of 81%. 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. 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. I use it as a meditation time. We provide our people with what they need to work in our offices and other locations, with flexibility for staff based on their reasonable business and personal needs. Shell 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. Copyright 2023 Surperformance. We benchmark ourselves externally, with consistent top-tier results. Webelong to PurpleSpace, a networking and professional development hub for disabled employees, employee network leads and allies from allsectors and trades. 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. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias. We pay particular attention to our due diligence procedures when dealing with third parties. Chief Financial Officer Tenure Appointed with effect from April 1, 2022 Age Born 1977 Nationality British Career Sinead was previously Executive Vice President, Finance, in Shell's global Upstream business. For further information on stakeholder engagement, see Governance. See Note 22 to the Consolidated Financial Statements. We also seek to provide what they need if they areworking remotely. As told to Karl Moore and Aya Schechner. Some information may no longer be current. There are many differences across cultures, some a bit obvious like the food we eat and the things we do. In his new role, Wael Sawan will oversee Shell's continued expansion into low-carbon and renewable energies as well as the power markets. None of the three key executives being talked about by investors, analysts and industry sources has been confirmed by either Woodside or in person.