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. Legal counsel provides legal advice globally and supports the implementation of programmes. Harry was previously Executive Vice President Upstream International Operated, based in the Netherlands. 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. As ethnicity declaration is voluntary, our ethnicity declaration rate is not 100% and all calculations are based on a declaration rate of 81%. Theoutstanding awards take the form of nil-cost options. This Report presents the Consolidated Financial Statements of Shell (page 228), the Parent Company . The market would like to see them go external.. Integrated Gas, Renewables and Energy Solutions Director until October 2021 (appointed January 2016). Two years and two months (appointed January 2020). Neither she nor Ms Slattery has experience as CEO of a listed oil and gas producer, with the same for Ms ONeill. The rate is low across a range of industries. Some information may no longer be current. She has more than 25 years experience in various aspects of industry, from frontline operations to project execution and strategic leadership. 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. First launched intheUK in 2005, we now have 14 enABLE networks globally. 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. 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 . Both appointments are effective Oct. 25, 2021. Huibert was previously Executive Vice President Global Commercial. 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. Breakingviews: Shell's next boss looks a shoo-in | Reuters Search zoe yujnovich shell salary and check where the nearest petrol station is. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. 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. Jessica Uhl was included in the OUTstanding 2021 Ally Executives Role Model List, which recognises business leaders who help create more inclusive workplaces. But the things I don't know about are blind spots that have the potential to really create concern. 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. 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). He used to head oil production. 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. I like quiet time when I leave the office to be at home, be with my family, and reenergize in private. BHP's Geraldine Slattery leads pack to replace Peter Coleman at Woodside View whole Malaysia gas station latest petrol prices, address, openning hours, videos, photos, reviews, location, news on WapCar. There were a total of 87,000 employees atDecember 31, 2020, and December 31, 2019. 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. On January 1, 2020, Huibert succeeded John Abbott as Downstream Director and was appointed to the Executive Committee. Shells business in Australia has constantly evolved over the past 118 years, and Ill pass on the baton to Tony inspired by the direction were heading to meet the changing needs of society.. Recently appointed Chief Financial Officer Sinead Gorman and Zoe Yujnovich, head of upstream, are also seen as possible successors, the sources said. Zoe Yujnovich, who heads oil exploration, and Sinead Gorman, who recently joined as chief financial officer, are both well thought of. For 2020, 11.25% of the award was linked to the FCF measure and 5% was linked to an energy transition measure. 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. 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. Before that, John Akehurst joined from Woodsides then cornerstone shareholder Shell, initially seconded into the Australian company before taking over as CEO two years later from Charles Allen, who was in the role for 16 years. Sean Smith. 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. 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. Comments. He joined Shell in 1995 and led many Downstream businesses across Shell in Europe, Africa, North and South America, and Asia. From 2017 no further grants weremade under this plan. In 2021, 47% of our graduate recruits were female, compared with 49% in2020. Shell makes changes to executive committee | Oil & Gas Journal Musk Made a Mess at Twitter. I use it as a meditation time. Note 27 to the Consolidated Financial Statements provides the average number of employees by business segment. We are working to advance LGBT+ inclusion within Shell. Most recently she was Executive Vice President for Shells Conventional Oil & Gas business with operations in 19 countries. 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. 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). The proportion of voluntary resignations in Shell was 4.4% in 2021 compared with 2.6% in 2020. 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. Shell appoints new heads of upstream and gas-renewables divisions Ms Yujnovich, who upset the Morrison government before the May federal election by suggesting Australia should consider re-introducing a price on carbon, said Shells business continued to evolve with a focus on cleaner energy. Externally, in the USA, wework closely with the civil rights organisation National Urban League. We provide support and make adjustments for people with disabilities during the recruitment process and throughout their careers with Shell. [A] Shell Upstream Director Zo Yujnovich was appointed Shell's Upstream Director and joined the Executive Committee in October 2021. 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. Shell also acquired business electricity retailer ERM Power in a $617 million deal in August that provided evidence it was serious about launching into the broader energy retailing market in the eastern states . Violation of the Code of Conduct or its policies can result in disciplinary action, up to and including contract termination or dismissal. 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. The Senior Management of the Company comprises the Executive Directors, Ben van Beurden and Jessica Uhl, and those listed below. Maurice B. Shaw on LinkedIn: Shell to combine its integrate gas We also provided tips on setting up and maintaining good ergonomics, working with others virtually and maintaining productivity. Zo Yujnovich will become the second woman on Shell's eight-strong executive committee. 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. Shell is active in external organisations and activities thatadvance LGBT+ inclusion. Zoe Yujnovich - Business News When expanded it provides a list of search options that will switch the search inputs to match the current selection. Zoe A Yujnovich, Shell PLC: Profile and Biography Number of selected key business countries. Shell CEO's first changes combine upstream and LNG operations People all over the world want to come to work, be recognized for doing a great job, and contribute to something that energizes them. 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). All quotes delayed a minimum of 15 minutes. Shell has promoted Australian boss Zoe Yujnovich to The Hague to head its global oil and gas operations, triggering a major local leadership shake-up. Looking back now, I certainly didn't have that in university. 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. Green energy, currently a trifling contributor to revenue, could be the key to supporting Shells long-term revenue growth. Everyone wants to make a real difference. These awards vest at the end of a one-year period. Zoe Yujnovich at Shell Canada, Calgary.Stephanie Leblond. 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. Copyright 2023 Surperformance. All rights reserved. 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. 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. 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. The remaining 30% is linked to the comparative performance condition. As of December 31, 2021, 8% of our Board members were from an ethnicminority. 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. One of the things that strikes me is just the generosity and the care in Canadian people. In 2021, in the USA we earned a perfect score of 100 points in the Human Rights Campaign Foundations Corporate Equality Index, a recognition we have earned annually since 2016. 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. West Australian Newspapers Limited 2023, From broken home to using hallucinogens, Harry tells all, Widely distributed power sources depend on smart meters, Sunrise gas project a conundrum for Albanese and activists, The real truth behind super tax firestorm. 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. 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 migrated to virtual courses and their uptake has increased from2020, when people were still new to the virtual ecosystem. Chief Executive Ben van Beurden, who has been in situ since the start of 2014, is likely to step down from the $192 billion oil giant next year, Reuters has reported read more . Eligible employees in participating countries may participate in the GlobalEmployee Share Purchase Plan. For information on the share-based compensation plans for Executive Directors, see the Directors Remuneration Report. In 2021, learners embraced the virtual courses. In certain circumstances, awards may be adjusted before delivery or subject to clawback after delivery. 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. Zoe Yujnovich was appointed the Executive Vice President, Heavy Oil on January 1, 2016. This award supports employee engagement in the Powering Progress strategy. At December 31, 2021, there were a total of 82,000 employees at Shell. This button displays the currently selected search type. The remaining 33.75% was linked to the comparative performance condition. We promote equal opportunity and create an environment where people feel included, regardless of sexual orientation or gender identity. He previously served as Shells UK Country Chair. The employee numbers presented here are the full-time equivalent numberof people employed by Shell on a full- or part-time basis, workingin Shell subsidiaries, Shell-operated joint operations, seconded tonon-Shell-operated joint operations, or joint ventures and associates. She started her career as a civil engineer before moving into finance roles when she joined Shell in 1999. We benchmark ourselves externally, with consistent top-tier results. 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. Performing competitively in the evolving energy system requires competent and empowered people working safely togetheracross Shell. 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. 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. We introduced a global minimum standard for outplacement. formal training days for employees and joint-venture partners, experienced people joined Shell (34%female), recruited for Shell Business Operations centres (51%%female). And I'm always expanding my knowledge to what I don't know I don't know. Shellis working towards achieving 35% representation of women inoursenior leadership positions by 2025 and 40% by 2030. LNG, in which Shell has a leading 20% market share, could be the key driver of its medium-term valuation given energy security concerns. In 2009, Huibert was appointed Vice President Supply & Distribution, Europe and Africa. Huibert Vigeveno | Shell Global The stuff I know I don't know, I can actually get help and support on. Internal investigations confirmed 181 substantiated breaches of the Code of Conduct in 2021. Shell is Woodside's biggest partner in the Browse project and both Woodside and Shell are facing pressure from the Morrison government to proceed. It's somewhat subtle, but I think mentors tend to be more active in terms of perhaps guiding me on specific things. As a result of different notice periods in various markets, people are continuing to leave until the end of 2022. Huibert was previously Executive Vice President Global Commercial. (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 . Our people - Shell Annual Report and Accounts 2021 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. 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. 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. Our Real Estate teams developed guidance on returning to site safely for all of our locations. 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. 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. Female contenders vie for Woodside CEO role - Australian Financial Review Our core values are undermined if decisions are taken which fall short of the expected standards of ethical behaviour and compliance. Our CEO Ben van Beurden is a Catalyst CEO Champion for Change. 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. Huibert Vigeveno, the current downstream director, will . 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). 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. Sawan took office on Jan. 1 . 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. 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. We also provided resources for our employees under the Care-for-Self programme. Economic Club of Canada - Zoe Yujnovich Zoe Yujnovich appointed Shell Canada Executive Vice President, Heavy 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. Zoe Yujnovich elevated to Shell's senior ranks with new promotion On October 25, 2021, Wael succeeded Maarten Wetselaar as Integrated Gas, Renewables and EnergySolutions Director. She has led Shell Australia for the past. 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. SHEL Company Profile & Executives - Shell PLC ADR - The Wall Street Journal 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? Strong engagement helps us to accelerate our peoples development, enhance our leadership capabilities and improve employee performance. He joined Shell in 1997 and worked in a variety of roles in each ofShells core business units: Upstream, Integrated Gas and Downstream. Get the news you want delivered straight to your inbox so you never miss a headline. For further information on stakeholder engagement, see Governance. The CEO search process, which was announced in December when Mr Coleman advised that he would retire in the second half of 2022 after 10 years at the helm, is being run by international firm Spencer Stuart, so other overseas candidates could be in the frame. During and before the pandemic, we invested in the mental well-being of our employees through programmes such as World Mental Health Day, Im Not Okay and the One Thing Wall. Shell has a global LGBT+ forum consisting of LGBT+ colleagues and allies. In the UK, Shell was one of the first signatories to the Race at Work Charter of the Business in The Community organisation. That said, Shell doesnt tend to have two Dutch CEOs in a row, and the female candidates are less well known to investors. Shell to combine its integrate gas, upstream businesses 6:30PM October 4, 2019. Zoe Yujnovich elevated to Shell's senior ranks with new promotion. This result gives Shell one ofthe leading employee engagement scores across a range of industries. This interview has been edited and condensed. 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. 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 . See here for a complete list of exchanges and delays. 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. But an ongoing energy crisis means oil prices could hover around $100 a barrel for a while, which legitimises hanging around in fossil fuels. Before that, hewas Executive Vice President Deep Water and amember of the Upstream Leadership Team. We launched two mandatory training courses for all staff in 2021: Respect in the Workplace and Conscious Inclusion. 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. As told to Karl Moore and Aya Schechner. The average employee engagement score was 75 points out of 100. In certain circumstances, awards may beadjusted before delivery or subject to clawback after delivery. Zo Yujnovich - Biography - MarketScreener.com Shell also endorsed the World Economic Forum Call to Action on closing the gender gap in theoil and gas sector. These options are normally exercisable after completion of a three-year orfive-year contractual savings period. In 2021, the continuing COVID-19 pandemic brought additional focus onconduct risk, which arises from human behaviour, influenced by factors inthe external environment.
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