Zo Yujnovich was appointed Shell's Upstream Director and joined the Executive Committee in October 2021. 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. Sinead Gorman | Shell Global The proportion of voluntary resignations in Shell was 4.4% in 2021 compared with 2.6% in 2020. Shell has a global LGBT+ forum consisting of LGBT+ colleagues and allies. Huibert was previously Executive Vice President Global Commercial. 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. Follow the topics, people and companies that matter to you. I like quiet time when I leave the office to be at home, be with my family, and reenergize in private. Shell has opted to shake up its leadership ranks in Australia as it beds down the recent acquisition of ERM Power and faces key investment decisions on multibillion-dollar gas projects. The support has included providing access to vaccines. Facilitation payments are also prohibited. Zo Yujnovich will become the second woman on Shell's eight-strong executive committee. Eight years and one month (appointed February 2014). Shares are awarded subject to a three-year retention period. Follow the topics, people and companies that matter to you. I gain a lot of energy by keeping fit, and I enjoy competing in half and full marathons. Its very consistent in the equity market that no one is excited about Meg, the source said. In 2021, we continued to support our people and assist in the fight against COVID-19. On January 1, 2020, Huibert succeeded John Abbott as Downstream Director and was appointed to the Executive Committee. They are communicated to Shell employees and contract staff and, where necessary and appropriate, to agents and business partners. All Rights Reserved. Will His AI Plans Be Any Different? 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 . Two years and two months (appointed January 2020). Our approach starts with living up to our core values of honesty, integrity and respect for people. 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. Directors and Senior Management. 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. (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 . Get the news you want delivered straight to your inbox so you never miss a headline. Both appointments are effective Oct. 25. In certain circumstances, awards may be adjusted before delivery or subject to clawback after delivery. Our CEO Ben van Beurden is a Catalyst CEO Champion for Change. 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. 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. 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. 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. 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. 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. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. This isadecrease of three points compared with 2020 but still reflects the resilience of our people in a year of change. 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. Most of our work around LGBT+ inclusion happens at a country level in line with local policies, laws and regulations. She was previously executive vice president of oil sands, based in Calgary. 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. Zoe Yujnovich | Shell Global Advice for leaders: You can't look away anymore It's about finding out what gives you energy rather than what saps the energy from you. This includes incorporating results from relevant internal audits, reviews and investigations, and periodically commissioning external reviews and benchmarking. Zoe A Yujnovich, Shell PLC: Profile and Biography 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. Options havebeen granted over the Companys shares at market value on the invitation date. LONDON, Sept 2 (Reuters Breakingviews) - Shell (SHEL.L) is about to get a new boss. 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 . We launched two mandatory training courses for all staff in 2021: Respect in the Workplace and Conscious Inclusion. We felt really at home here in Calgary, of course we miss Montreal, but Canada is a wonderful country to live in. 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. We have migrated to virtual courses and their uptake has increased from2020, when people were still new to the virtual ecosystem. In 2021, a total of 271,000 formal training days were provided for employees and joint-venture partners, compared with 234,000 in 2020and 373,000 in 2019. 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. Before that, hewas Executive Vice President Deep Water and amember of the Upstream Leadership Team. With over twenty years of global experience in the mining industry, Zoe joined Shell in 2014 as Vice President Oil Sands Joint Venture. First launched intheUK in 2005, we now have 14 enABLE networks globally. In some cases, we may report a violation to the relevant authorities, which couldlead to legal action, fines or imprisonment. 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. Shell appoints new heads of upstream and gas-renewables divisions 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. In 2012 he became Executive Chair of Shell in China, and in 2016 led the integration of BG Group. 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. Two other senior executives, chief financial officer Sherry Duhe and sustainability and technology head Shaun Gregory, are thought not to have made the final line-up. Regular chances to win incredible prizes like luxury getaways and sports tickets with our subscriber exclusive competitions. Her role in Australia will be filled by Tony Nunan, who currently heads up the oil and gas giant's operations in eastern Australia. 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. We do not tolerate the direct or indirect offer, payment, solicitation oracceptance of bribes in any form. 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. Shell was rated as a top employer inthe Workplace Pride Global Benchmark 2021 survey, with a score of 92.4%. 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. Eligible employees in participating countries may participate in the GlobalEmployee Share Purchase Plan. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. Shell makes executive committee changes | Offshore Under the Long-term Incentive Plan (LTIP) awards made in 2018, 25% of the award is linked to the FCF measure and the remaining 75% is linked to the comparative performance conditions mentioned above. We are committed to ensuring allsuch incidents are investigated by specialists in accordance with our Investigation Principles. In 2021, 47% of our graduate recruits were female, compared with 49% in2020. As a result of different notice periods in various markets, people are continuing to leave until the end of 2022. 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. He used to head oil production. Shell belongs totheBusiness Disability Forum. The 19% of our workforce who have not provided data or have chosen not to declare their ethnicity were not included in our calculations. We have around 3,000 people that are leaving on SVS. 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. Shell announces changes to Executive Committee | Shell Global 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. 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. Zoe Yujnovich, who heads oil exploration, and Sinead Gorman, who recently joined as chief financial officer, are both well thought of. Zoe Yujnovich - Upstream Director - Shell | LinkedIn Violation of the Code of Conduct or its policies can result in disciplinary action, up to and including contract termination or dismissal. We also provided tips on setting up and maintaining good ergonomics, working with others virtually and maintaining productivity. Sean Smith The West Australian. The Board has delegated the oversight of the functioning of the Shell Global Helpline to the Audit Committee. 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. 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). 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. Zo Yujnovich By contrast, Canadian Wael Sawan looks ideal. 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. In 2021, 78.5% of our UK employees identified as white and 21.5% were from an ethnic minority background. From 2021, 10% of the award is linked to the FCF measure and 10% is linked to an energy transition measure. 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. The four internal candidates for the top job all have their merits. 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. Get notifications in MyBN when activity occurs. This included offering funding to new joiners for home-use office equipment. 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. There are many differences across cultures, some a bit obvious like the food we eat and the things we do. I've learned just how much of an impact the mining industry had on communities, and I've since as I moved around the world and now moved into the oil and gas sector just come to appreciate how important and impactful we can be to our customers and to the communities that we operate with.