Shell also endorsed the World Economic Forum Call to Action on closing the gender gap in theoil and gas sector. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. Ms Yujnovich will take up a key role in shaping Shells future in conventional oil and gas across 18 countries, excluding Australia, from January. Australian Petroleum Production and Exploration Association, Executive Vice President & Country Chair of Shell Australia, Executive Vice President, Oil Sands Operations. 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). Subscribers with digital access can view this article. I gain a lot of energy by keeping fit, and I enjoy competing in half and full marathons. 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. Sponsorship played a very important for my career. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. 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. As of December 31, 2021, there are no outstanding UK Sharesave or BG Sharesave options. 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. Number of selected key business countries. With over twenty years of global experience in the mining industry, Zoe joined Shell in 2014 as Vice President Oil Sands Joint Venture. 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. 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 global . Comments. The support has included providing access to vaccines. People all over the world want to come to work, be recognized for doing a great job, and contribute to something that energizes them. We benchmark ourselves externally, with consistent top-tier results. We launched two mandatory training courses for all staff in 2021: Respect in the Workplace and Conscious Inclusion. As of December 31, 2021, 8% of our Board members were from an ethnicminority. Our Standards: The Thomson Reuters Trust Principles. Ronan previously served as EVP HR for both the Downstream and Upstream International businesses in turn. Eligible employees of participating Shell companies in the UK have beenable to participate in the UK Sharesave Scheme. Integrated Gas, Renewables and Energy Solutions Director until October 2021 (appointed January 2016). Zoe Yujnovich Upstream Director Tenure Appointed with effect from October 2021 Age Born 1975 Nationality Australian Career On October 25, 2021, Zo succeeded Wael Sawan as Upstream Director and was appointed to the Executive Committee, after having held various management positions in Downstream, Integrated Gas and Upstream. We are creating an environment where people with disabilities can excel. 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 award supports employee engagement in the Powering Progress strategy. Our Real Estate teams developed guidance on returning to site safely for all of our locations. Its very consistent in the equity market that no one is excited about Meg, the source said. 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. 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). This result gives Shell one ofthe leading employee engagement scores across a range of industries. 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. 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 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. This included acting as Executive . Regular chances to win incredible prizes like luxury getaways and sports tickets with our subscriber exclusive competitions. Jessica Uhl was included in the OUTstanding 2021 Ally Executives Role Model List, which recognises business leaders who help create more inclusive workplaces. He also pulled off the $70 billion purchase of BG Group in 2016, which made it a leading force in liquefied natural gas (LNG). 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. 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 We offer a good practice anti-bribery and corruption e-learning course to third parties that may not have a training programme in place. Fri, 10/15/2021 - 09:35 AM. In some cases, we may report a violation to the relevant authorities, which couldlead to legal action, fines or imprisonment. This article was published more than 6 years ago. In 2009, Huibert was appointed Vice President Supply & Distribution, Europe and Africa. Follow us on Twitter: @globe_careersOpens in a new window. We will also become a stronger organisation, with a richness ofexperience and views to guide us. Get the news you want delivered straight to your inbox so you never miss a headline. Zoe Yujnovich at Shell Canada, Calgary.Stephanie Leblond. . 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. 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. 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. 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 . 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. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias. Our approach starts with living up to our core values of honesty, integrity and respect for people. We promote equal opportunity and create an environment where people feel included, regardless of sexual orientation or gender identity. We investigate all good-faith allegations of breaches of the Code ofConduct, however they are raised. Under the Performance Share Plan (PSP), 50% of the award is linked to certain indicators described in Performance indicators, averaged over the performance period. We pay particular attention to our due diligence procedures when dealing with third parties. 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. Previously she was Country Chair for Shells businesses in Australia and New Zealand and Executive Vice President for Oil Sands in Canada. She has led Shell Australia for the past. 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). He joined Shell in 1990 and has held various management positions in Exploration and Production, Internal Audit, and Group Strategy and Planning. The Senior Management of the Company comprises the Executive Directors, Ben van Beurden and Jessica Uhl, and those listed below. 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. Prior to joining Shell, she served in a number of management roles for Rio Tinto. He previously served as Shells UK Country Chair. 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. This interview has been edited and condensed. But in essence, there is a really strong commonality. Huibert Vigeveno, the current downstream director, will . Currently six out of 12 of our Board members are women. We monitor and report internally on adherence to select ethics and compliance requirements, such as mandatory training completion andduediligence screening. Separately, following the acquisition of BG, certain participants in the BGSharesave Scheme chose to roll over their outstanding BG share options into options over the Companys shares. He joined Shell in 1988 and has held roles in Shells Upstream, Integrated Gas, and Downstream businesses and our Projects & Technology organisation. See here for a complete list of exchanges and delays. 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. That's really been what fuels my passion. Before that, hewas Executive Vice President Deep Water and amember of the Upstream Leadership Team. Allegations may be raised confidentially and anonymously through several channels, including a Shell Global Helpline operated by an independent provider. Search zoe yujnovich shell salary and check where the nearest petrol station is. This was a one-off share award granted to all eligible employees of Shell on June 18, 2021. 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. For further information on stakeholder engagement, see Governance. She was previously executive vice president of oil sands, based in Calgary. Harry was previously Executive Vice President Upstream International Operated, based in the Netherlands. See here for a complete list of exchanges and delays. 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 . Our workplace accessibility (WPA) service currently serves 86 locations globally. 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. Climate change and energy transition. Six years and two months (appointed January 2016). Shellis working towards achieving 35% representation of women inoursenior leadership positions by 2025 and 40% by 2030. From 2011 to 2013, he was Country Chair Russia and Executive Vice President for Russia and the Caspian region. We also provided resources for our employees under the Care-for-Self programme. Two years and two months (appointed January 2020). 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 will combine its oil and gas production and liquefied natural gas (#LNG) divisions as part of broader changes under new CEO Wael Sawan, which the company 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. She has more than 25 years experience in various aspects of industry, from frontline operations to project execution and strategic leadership. Ms Yujnovich said on Friday that Australia was central to Shells LNG business and for its plans to move into providing cleaner energy. All quotes delayed a minimum of 15 minutes. Zoe Yujnovich. Green energy, currently a trifling contributor to revenue, could be the key to supporting Shells long-term revenue growth. All rights reserved. Zo Yujnovich was appointed Shell's Upstream Director and joined the Executive Committee in October 2021. The four internal candidates for the top job all have their merits. We have constantly sought to show care for anyone losing theirrole. 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. We also seek to provide what they need if they areworking remotely. 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. 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. 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. 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. She then chaired Shell Australia for 2 years from early 2017. I like quiet time when I leave the office to be at home, be with my family, and reenergize in private. This documentary-style series follows investigative journalists as they uncover the truth. This ensured that all employees whowere leaving Shell had access to an independent professional careercoach who could offer individualised support. In August, we launched our new organisational structure as part of the Reshape initiative. Sean Smith. For every six shares purchased by the employee, one matching share is provided at no cost to the employee. We have around 3,000 people that are leaving on SVS. 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. Two years and eight months (appointed July 2019). It's about finding out what gives you energy rather than what saps the energy from you. The Shell People Survey is one of the principal tools used to measure employee engagement, motivation, affiliation and commitment to Shell. (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 . Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek". These standards are set out in the Shell General Business Principles and our Code of Conduct. 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. First launched intheUK in 2005, we now have 14 enABLE networks globally. 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. 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. 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. 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 world. Externally, in the USA, wework closely with the civil rights organisation National Urban League. 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. Get notifications in MyBN when activity occurs. The Board has delegated the oversight of the functioning of the Shell Global Helpline to the Audit Committee. 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. Shell is active in external organisations and activities thatadvance LGBT+ inclusion. Theoutstanding awards take the form of nil-cost options. In 2021, 78.5% of our UK employees identified as white and 21.5% were from an ethnic minority background. Our core values are undermined if decisions are taken which fall short of the expected standards of ethical behaviour and compliance. The increase was caused by the rise in the availability of virtual courses as we rapidly digitalised, enabling people toattend virtually. 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. In the UK, Shell was one of the first signatories to the Race at Work Charter of the Business in The Community organisation. She joined Rio Tinto in 1996, after obtaining an engineering degree from the University of Western Australia, where she held roles including company president in Brazil and chief executive of the Iron Ore Company of Canada. Zoe Yujnovich, the current director of upstream, will head up a new directorate that combines the Integrated Gas and Upstream businesses. 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. 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. But the things I don't know about are blind spots that have the potential to really create concern. 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. That's what I try to focus on at this point in my career. Get exclusive discounts on movie tickets, dining and popular attractions. 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. 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. Our ethnic minority employees identified as Asian (13.1%), black (3.4%), mixed (2.4%) or another ethnic background (2.6%). Sawan took office on Jan. 1 . 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. None of the awards result in beneficial ownership until the shares vest. We seek to ensure everyone atShell has equal opportunities and feels included. He joined Shell in 1988 based in Australia and then moved to Hong Kong and later to London. Shell Upstream Director Zo Yujnovich was appointed Shell's Upstream Director and joined the Executive Committee in October 2021. 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. Follow the topics, people and companies that matter to you. But he now runs Shells Integrated Gas and Renewables arm which includes LNG and green activities like solar and wind. 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. We introduced a global minimum standard for outplacement. 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. On January 1, 2020, Huibert succeeded John Abbott as Downstream Director and was appointed to the Executive Committee. BHPs head of petroleum Geraldine Slattery, an Ireland-raised physics graduate now based in Houston and with 25 years experience at the miners oil and gas division, is also said by some to be in the running, although others say not. But an ongoing energy crisis means oil prices could hover around $100 a barrel for a while, which legitimises hanging around in fossil fuels. 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 publish our Ethics and Compliance Manual onshell.com to demonstrate our commitment in this area. Both appointments are effective Oct. 25. The new division, which combines Shell's most profitable operations, will be headed by current upstream director Zoe Yujnovich, the company said in a statement on Monday. 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. As a woman in a male-dominated sector, I've had a very positive experience. We have set a recruitment ambition to have 8% black representation inour graduate and experienced hires by 2025, to increase representation in line with UK society through actions such as mentoring and outreach. Shares are awarded subject to a three-year retention period. 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. Mr Nunan joined QGC as legal counsel in 2008, was managing director after a takeover by BG Group and then returned to run the business when it passed into Shell hands in 2016. 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. Internal investigations confirmed 181 substantiated breaches of the Code of Conduct in 2021. Most of our work around LGBT+ inclusion happens at a country level in line with local policies, laws and regulations. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. Inthe UK, we partnered with PurpleSpace to launch a personal development programme called Empowered and enABLED to support employees with disabilities to build inner confidence, develop a sense of community and advocate for any adjustments or accommodations they require. 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. 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. On October 25, 2021, Wael succeeded Maarten Wetselaar as Integrated Gas, Renewables and EnergySolutions Director. We provide support and make adjustments for people with disabilities during the recruitment process and throughout their careers with Shell. 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. Zoe Yujnovich was appointed the Executive Vice President, Heavy Oil on January 1, 2016. These options are normally exercisable after completion of a three-year orfive-year contractual savings period. 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. By contrast, Canadian Wael Sawan looks ideal. Ms Yujnovich told The West Australian's Leadership Matters breakfast event yesterday the ability to do that was the result of the culture of her business, saying that if the . We are working to address racial inequity. 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. Eligible employees in participating countries may participate in the GlobalEmployee Share Purchase Plan. In an industry where women have been traditionally underrepresented, three of our five largest energy-trading divisions are led by women. 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. 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. Itprovides insights into employees views and has had a consistently highresponse rate. 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. Recently appointed Chief Financial Officer Sinead Gorman and Zoe Yujnovich, head of upstream, are also seen as possible successors, the sources said. She is married with three children. As ethnicity declaration is voluntary, our ethnicity declaration rate is not 100% and all calculations are based on a declaration rate of 81%. He used to head oil production. Zoe Yujnovich Shell executive vice president for conventional oil and gas since 2019, The Hague The Netherlands Yujnovich joined Shell in 2014 from Rio Tinto to manage the Dutch company's oil sands operation in Canada. Shell has a global LGBT+ forum consisting of LGBT+ colleagues and allies. I use it as a meditation time. Watch and listen to a variety of WA true crime series, video channels and podcasts with commentary on news, politics and current affairs.