Work-life balance is a bit tricky because it indicates that, at any moment, things are in perfect harmony. We also seek to provide what they need if they areworking remotely. We also provided tips on setting up and maintaining good ergonomics, working with others virtually and maintaining productivity. He also pulled off the $70 billion purchase of BG Group in 2016, which made it a leading force in liquefied natural gas (LNG). That's what I try to focus on at this point in my career. He joined Shell in 1997 and worked in a variety of roles in each ofShells core business units: Upstream, Integrated Gas and Downstream. In certain circumstances, awards may beadjusted before delivery or subject to clawback after delivery. 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. [A] Copyright 2023 Surperformance. New CEO took office Jan. 1 LONDON, Jan 30 (Reuters) - Shell (SHEL.L) will combine its oil and gas production and liquefied natural gas (LNG) divisions as part of broader changes under new CEO. Get the news you want delivered straight to your inbox so you never miss a headline. 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). Sean Smith. 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. Jessica Uhl was included in the OUTstanding 2021 Ally Executives Role Model List, which recognises business leaders who help create more inclusive workplaces. In 2021, 78.5% of our UK employees identified as white and 21.5% were from an ethnic minority background. 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. While balancing cash-generating fossil fuels and emissions wont get any easier, Sawan looks the best placed to try. 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. Our ethnic minority employees identified as Asian (13.1%), black (3.4%), mixed (2.4%) or another ethnic background (2.6%). 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. 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. Opinions expressed are those of the author. Directors and Senior Management. 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. Sponsors are the people who were advocating, perhaps, without my knowledge. People all over the world want to come to work, be recognized for doing a great job, and contribute to something that energizes them. Webelong to PurpleSpace, a networking and professional development hub for disabled employees, employee network leads and allies from allsectors and trades. We believe that by achieving this ambition, we will contribute to a better and more equal world. 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. 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). In his new role, Wael Sawan will oversee Shell's continued expansion into low-carbon and renewable energies as well as the power markets. We introduced a global minimum standard for outplacement. 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 remaining 60% is linked to the comparative performance condition. The four internal candidates for the top job all have their merits. This decrease was probably because of the timing of the survey, as many employees who were invited to take part were on a notice period before exiting Shell because of the Reshape reorganisation. This was a one-off share award granted to all eligible employees of Shell on June 18, 2021. Our core values are undermined if decisions are taken which fall short of the expected standards of ethical behaviour and compliance. 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. 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. On January 1, 2020, Huibert succeeded John Abbott as Downstream Director and was appointed to the Executive Committee. Follow the topics, people and companies that matter to you. 52, has been on Shell's executive committee since January 2016 as its head of integrated gas . 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. Recently appointed Chief Financial Officer Sinead Gorman and Zoe Yujnovich, head of upstream, are also seen as possible successors, the sources said. The forum now has 14 chapters globally. We provide support and make adjustments for people with disabilities during the recruitment process and throughout their careers with Shell. 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 Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. The increase was caused by the rise in the availability of virtual courses as we rapidly digitalised, enabling people toattend virtually. The remaining 33.75% was linked to the comparative performance condition. 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. Shell in the UK was one of the first FTSE 100 companies to voluntarilypublish ethnicity pay gap data in November 2020. Shell has a global LGBT+ forum consisting of LGBT+ colleagues and allies. Wael was previously the Upstream Director and amember of the Executive Committee. 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. Our kids grew up in Montreal and so have a very strong language in French. 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. 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. 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. The Shell Ethics and Compliance Office helps the businesses and functions to implement the ABC/AML and other programmes, assess risks and monitors and reports on progress. As a woman in a male-dominated sector, I've had a very positive experience. All quotes delayed a minimum of 15 minutes. He joined Shell in 1988 and has held various HR positions across the Shell value chain, including regional roles in Europe and NE Asia/China, and global roles in HR Strategy & Regional Coordination, Retail and LPG. Follow the topics, people and companies that matter to you. In 2021, we continued to support our people and assist in the fight against COVID-19. Huibert was previously Executive Vice President Global Commercial. Comments. 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. But in essence, there is a really strong commonality. As told to Karl Moore and Aya Schechner. Two of our LGBT+ colleagues were featured in the OUTstanding 2021 LGBT+ Future Leaders List. 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. 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. This result gives Shell one ofthe leading employee engagement scores across a range of industries. We benchmark ourselves externally, with consistent top-tier results. Theoutstanding awards take the form of nil-cost options. Huibert Vigeveno, the current downstream director, will . 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. Externally, in the USA, wework closely with the civil rights organisation National Urban League. Shell Upstream Director Zo Yujnovich was appointed Shell's Upstream Director and joined the Executive Committee in October 2021. We offer a good practice anti-bribery and corruption e-learning course to third parties that may not have a training programme in place. 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. 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. The industry leader for online information for tax, accounting and finance professionals. He joined Shell in 1990 and has held various management positions in Exploration and Production, Internal Audit, and Group Strategy and Planning. See here for a complete list of exchanges and delays. Harry was previously Executive Vice President Upstream International Operated, based in the Netherlands. The remaining 67.5% is linked to the comparative performance condition mentioned above. 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. Zo Yujnovich was appointed Shell's Upstream Director and joined the Executive Committee in October 2021. LNG, in which Shell has a leading 20% market share, could be the key driver of its medium-term valuation given energy security concerns. Zoe's career began in Australia with front line work in a number of mining roles. 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. Performing competitively in the evolving energy system requires competent and empowered people working safely togetheracross Shell. Our Real Estate teams developed guidance on returning to site safely for all of our locations. In 2021, the response rate was 83%, a decrease of 3.1percentage points compared with 2020. Prior to joining Shell, she served in a number of management roles for Rio Tinto. Currently six out of 12 of our Board members are women. 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. Under the Restricted Share Plan, awards are made on a highly selective basis to senior staff. Sawan took office on Jan. 1 . We have migrated to virtual courses and their uptake has increased from2020, when people were still new to the virtual ecosystem. 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. Shell shares were trading at 26.8 euros. This allowed us to continue to invest in people and capabilities, while maintaining our focus on safety. From 2017 no further grants weremade under this plan. We are part ofBlack Representation in Marketing (BRiM), a UK initiative to improve the representation of black people in marketing. We are working to advance LGBT+ inclusion within Shell. 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. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Looking back now, I certainly didn't have that in university. 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. Prior to joining Shell in 2014, Ms Yujnovich held frontline and management roles in mining across three continents. 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. The Senior Management of the Company comprises the Executive Directors, Ben van Beurden and Jessica Uhl, and those listed below. 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.. 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. 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. 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. This included acting as Executive . This shows in the increase in the number of completions and the corresponding rise in training person days(TPD) of 37,000 compared with 2020. These numbers exclude those in companies with their own HR systems. Fri, 10/15/2021 - 09:35 AM. 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. For 2019 and 2020, 22.5% of the award is linked to the FCF measure and 10% is linked to an energy transition measure. 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. Most of our work around LGBT+ inclusion happens at a country level in line with local policies, laws and regulations. Note 27 to the Consolidated Financial Statements provides the average number of employees by business segment. In 2008, he was appointed Head of Legal at Shell Singapore, having served as Associate General Counsel for Gas & Power in Asia-Pacific. 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. 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 Board has delegated the oversight of the functioning of the Shell Global Helpline to the Audit Committee. 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. I gain a lot of energy by keeping fit, and I enjoy competing in half and full marathons. 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. For information on the share-based compensation plans for Executive Directors, see the Directors Remuneration Report. The global . In an industry where women have been traditionally underrepresented, three of our five largest energy-trading divisions are led by women. Both appointments are effective Oct. 25, 2021. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. A Dutch court has ordered it to slash its 1.6 billion tonnes of annual emissions by 2030, which requires offloading its most polluting operations. We want everyone to have a strong sense of belonging, irrespective of our differences. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. 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. Recently appointed Chief Financial Officer Sinead Gorman and Zoe Yujnovich, head of upstream, are also seen as possible successors, the sources said. 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. Eight years and one month (appointed February 2014). Our workplace accessibility (WPA) service currently serves 86 locations globally. As of December 31, 2021, 8% of our Board members were from an ethnicminority. From 2021, 10% of the award is linked to the FCF measure and 10% is linked to an energy transition measure. All are members of the Executive Committee (see Governance Framework). By contrast, Canadian Wael Sawan looks ideal. He used to head oil production. We monitor and report internally on adherence to select ethics and compliance requirements, such as mandatory training completion andduediligence screening. Shell is active in external organisations and activities thatadvance LGBT+ inclusion. Before that, hewas Executive Vice President Deep Water and amember of the Upstream Leadership Team. Internal investigations confirmed 181 substantiated breaches of the Code of Conduct in 2021. I am an extrovert-turned-introvert. She has led Shell Australia for the past. 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. Thisincludes equal access to valuable educational resources, training programmes, and emphasis on personal and professional development. This award supports employee engagement in the Powering Progress strategy. Facilitation payments are also prohibited. 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. 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. We are creating an environment where people with disabilities can excel. This interview has been edited and condensed. We investigate all good-faith allegations of breaches of the Code ofConduct, however they are raised. 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. She has more than 25 years' experience in various aspects of industry, from frontline operations to project execution and strategic leadership. That said, Shell doesnt tend to have two Dutch CEOs in a row, and the female candidates are less well known to investors. We aim to increase racial and ethnic representation across our workforce so that we better reflect the communities in which we work and live. formal training days for employees and joint-venture partners, experienced people joined Shell (34%female), recruited for Shell Business Operations centres (51%%female). Huibert was previously Executive Vice President Global Commercial. Sean Smith The West Australian. Shell shares were trading at 26.8 euros as of 1000 GMT on Sept. 2, up 1.7%. These options are normally exercisable after completion of a three-year contractual savings period. He previously served as Shells UK Country Chair. See here for a complete list of exchanges and delays. Breaking news, sport, business and more. From 2021, 20% of the award is linked to the FCF measure and 20% is linked to an energy transition measure. None of the three key executives being talked about by investors, analysts and industry sources has been confirmed by either Woodside or in person. Get notifications in MyBN when activity occurs. 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. 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. 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. Both appointments are effective Oct. 25. 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. This documentary-style series follows investigative journalists as they uncover the truth. See Zoe A Yujnovich's compensation, career history, education, & memberships. Gemarkeerd als interessant door Zoe Yujnovich Neem nu deel om alle activiteiten te bekijken Ervaring Shell 8 jaar 5 maanden Upstream Director Shell okt. Neither she nor Ms Slattery has experience as CEO of a listed oil and gas producer, with the same for Ms ONeill. Zo Yujnovich will become the second woman on Shell's eight-strong executive committee. 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. They are communicated to Shell employees and contract staff and, where necessary and appropriate, to agents and business partners. The rate is low across a range of industries. 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. These will help us to continue toembed inclusive behaviours in our culture. These options are normally exercisable after completion of a three-year orfive-year contractual savings period. 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). Options havebeen granted over the Companys shares at market value on the invitation date. She was previously executive vice president of oil sands, based in Calgary. It's about finding out what gives you energy rather than what saps the energy from you. 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. 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. It's somewhat subtle, but I think mentors tend to be more active in terms of perhaps guiding me on specific things. 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. Search zoe yujnovich shell salary and check where the nearest petrol station is. The programme is underpinned by our commitment to prohibit bribery, money laundering and tax evasion, andtoconduct business in line with our Shell General Business Principlesand Code of Conduct. Regular communications from our leaders emphasise the importance ofthese commitments and compliance with requirements. 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. 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. We also make our requirements clear to third parties through a variety of measures such as standard contract clauses. 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He joined Shell in 1995 and led many Downstream businesses across Shell in Europe, Africa, North and South America, and Asia. In August, we launched our new organisational structure as part of the Reshape initiative. 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.

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