The Shell People Survey is one of the principal tools used to measure employee engagement, motivation, affiliation and commitment to Shell. Copyright 2023 Surperformance. 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. This award supports employee engagement in the Powering Progress strategy. That said, Shell doesnt tend to have two Dutch CEOs in a row, and the female candidates are less well known to investors. 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. 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. Our kids grew up in Montreal and so have a very strong language in French. 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. We want everyone to have a strong sense of belonging, irrespective of our differences. This article was published more than 6 years ago. Prior to joining Shell, she served in a number of management roles for Rio Tinto. Zoe Yujnovich, the current director of upstream, will head up a new directorate that combines the Integrated Gas and Upstream businesses. Dutchman Huibert Vigeveno heads Shells refining operations, which have been making money hand over fist amid record refining margins. 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. Musk Made a Mess at Twitter. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. 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). She started her career as a civil engineer before moving into finance roles when she joined Shell in 1999. He joined Shell in 1990 and has held various management positions in Exploration and Production, Internal Audit, and Group Strategy and Planning. Shell in the UK was one of the first FTSE 100 companies to voluntarilypublish ethnicity pay gap data in November 2020. The opinions expressed are his own.). This documentary-style series follows investigative journalists as they uncover the truth. These options are normally exercisable after completion of a three-year contractual savings period. In 2021, learners embraced the virtual courses. This allowed us to continue to invest in people and capabilities, while maintaining our focus on safety. Subscribers with digital access can view this article. 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. Wael was previously the Upstream Director and amember of the Executive Committee. 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. Huibert Vigeveno, the current downstream director, will . The proportion of voluntary resignations in Shell was 4.4% in 2021 compared with 2.6% in 2020. This is a membership organisation thatbrings business leaders, disabled people, and government together to understand how to improve the life opportunities and experiences ofdisabled people in employment, the economy and wider society. We also provided tips on setting up and maintaining good ergonomics, working with others virtually and maintaining productivity. He joined Shell in 1988 based in Australia and then moved to Hong Kong and later to London. Directors and Senior Management. Note 27 to the Consolidated Financial Statements provides the average number of employees by business segment. In November 2021, Harry played a key role in the partnership of Shell with energy technology firm Baker Hughes Co., in an effort to help the partnership achieve their targets of net-zero carbon emissions. As a woman in a male-dominated sector, I've had a very positive experience. 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. Woodside Petroleum looks odds-on to have its first female chief executive, with the decision by Santos CEO Kevin Gallagher to remove himself from contention leaving two or three senior women oil and gas executives as the top candidates being talked about in the market. Shares are awarded subject to a three-year retention period. She has led Shell Australia for the past. By contrast, Canadian Wael Sawan looks ideal. In the UK, Shell was one of the first signatories to the Race at Work Charter of the Business in The Community organisation. We are committed to ensuring allsuch incidents are investigated by specialists in accordance with our Investigation Principles. Some information may no longer be current. 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 pay particular attention to our due diligence procedures when dealing with third parties. (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 . 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. Zoe A Yujnovich is Exec VP/Dir:Upstream at Shell PLC. Plenty of credible candidates exist to replace him, but one looks the most obvious. 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 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. Most recently she was Executive Vice President for Shells Conventional Oil & Gas business with operations in 19 countries. 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. 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. LNG, in which Shell has a leading 20% market share, could be the key driver of its medium-term valuation given energy security concerns. Number of selected key business countries. We believe that by achieving this ambition, we will contribute to a better and more equal world. 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. 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. He previously served as Shells UK Country Chair. 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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. 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. Theoutstanding awards take the form of nil-cost options. 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. From 2011 to 2013, he was Country Chair Russia and Executive Vice President for Russia and the Caspian region. 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. Externally, in the USA, wework closely with the civil rights organisation National Urban League. As a result, we dismissed or terminated the contracts of a total of 67 employees and contract staff. Copyright 2023 S&P Global. 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.. Australian Petroleum Production and Exploration Association, Executive Vice President & Country Chair of Shell Australia, Executive Vice President, Oil Sands Operations. It's somewhat subtle, but I think mentors tend to be more active in terms of perhaps guiding me on specific things. 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). Get notifications in MyBN when activity occurs. We also make our requirements clear to third parties through a variety of measures such as standard contract clauses. From 2021, 10% of the award is linked to the FCF measure and 10% is linked to an energy transition measure. While balancing cash-generating fossil fuels and emissions wont get any easier, Sawan looks the best placed to try. Two of our LGBT+ colleagues were featured in the OUTstanding 2021 LGBT+ Future Leaders List. All quotes delayed a minimum of 15 minutes. On October 25, 2021, Wael succeeded Maarten Wetselaar as Integrated Gas, Renewables and EnergySolutions Director. Our ethics and compliance requirements are articulated through ourpolicies, standards and procedures and supported by the Ethical Decision-Making Framework, a tool to help staff think through and discuss, in a structured way, the legal, ethical and external consequences of decisions. We will also become a stronger organisation, with a richness ofexperience and views to guide us. 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. 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. Our approach reinforces respect for people and provides psychological safety for our LGBT+ employees in line with our core values. Two years and eight months (appointed July 2019). 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. 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. 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. 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. I like quiet time when I leave the office to be at home, be with my family, and reenergize in private. Ronan previously served as EVP HR for both the Downstream and Upstream International businesses in turn. The remaining 60% is linked to the comparative performance condition. Sponsorship played a very important for my career. 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. In 2009, Huibert was appointed Vice President Supply & Distribution, Europe and Africa. As told to Karl Moore and Aya Schechner. Internal investigations confirmed 181 substantiated breaches of the Code of Conduct in 2021. This Report presents the Consolidated Financial Statements of Shell (page 228), the Parent Company . Zoe Yujnovich was appointed the Executive Vice President, Heavy Oil on January 1, 2016. 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. Zoe's career began in Australia with front line work in a number of mining roles. All are members of the Executive Committee (see Governance Framework). 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. 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. 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. These standards are set out in the Shell General Business Principles and our Code of Conduct. 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. But I have found, and have come to appreciate, that for some, they gain energy from a walk in the park, or from visiting an art gallery, or from spending time with their kids or their family. 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. 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. Follow us on Twitter: @globe_careersOpens in a new window. 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. Follow the topics, people and companies that matter to you. 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. 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. 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