This result gives Shell one ofthe leading employee engagement scores across a range of industries. Work-life balance is a bit tricky because it indicates that, at any moment, things are in perfect harmony. Copyright 2023 Surperformance. He joined Shell in 1995 and led many Downstream businesses across Shell in Europe, Africa, North and South America, and Asia. On October 25, 2021, Wael succeeded Maarten Wetselaar as Integrated Gas, Renewables and EnergySolutions Director. We aim to increase racial and ethnic representation across our workforce so that we better reflect the communities in which we work and live. 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. In 2021, learners embraced the virtual courses. 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. Zoe A Yujnovich is Exec VP/Dir:Upstream at Shell PLC. 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. 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. 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. 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. 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 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. I use it as a meditation time. 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. He used to head oil production. 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. . Zo Yujnovich was appointed Shells Upstream Director and joined the Executive Committee in October 2021. Zo Yujnovich was appointed Shell's Upstream Director and joined the Executive Committee in October 2021. 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. Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek". We also provided tips on setting up and maintaining good ergonomics, working with others virtually and maintaining productivity. 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. Our core values are undermined if decisions are taken which fall short of the expected standards of ethical behaviour and compliance. Now, I actually really value listening to others before I speak. 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. In 2009, Huibert was appointed Vice President Supply & Distribution, Europe and Africa. This allowed us to continue to invest in people and capabilities, while maintaining our focus on safety. The remaining 67.5% is linked to the comparative performance condition mentioned above. Dutchman Huibert Vigeveno heads Shells refining operations, which have been making money hand over fist amid record refining margins. These will help us to continue toembed inclusive behaviours in our culture. She was previously executive vice president of oil sands, based in Calgary. 52, has been on Shell's executive committee since January 2016 as its head of integrated gas . Number of selected key business countries. Donny was previously General Counsel for Projects & Technology, based in the Netherlands. But an ongoing energy crisis means oil prices could hover around $100 a barrel for a while, which legitimises hanging around in fossil fuels. Zoe Yujnovich, the current director of upstream, will head up a new directorate that combines the Integrated Gas and Upstream businesses. This isadecrease of three points compared with 2020 but still reflects the resilience of our people in a year of change. 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. All Rights Reserved. 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. Comments. As ethnicity declaration is voluntary, our ethnicity declaration rate is not 100% and all calculations are based on a declaration rate of 81%. Zo has lived in nine countries across five continents and sits on several not-for-profit Boards. 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. 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. Wael was previously the Upstream Director and amember of the Executive Committee. The proportion of voluntary resignations in Shell was 4.4% in 2021 compared with 2.6% in 2020. He joined Shell in 1988 and has held roles in Shells Upstream, Integrated Gas, and Downstream businesses and our Projects & Technology organisation. In 2021, the response rate was 83%, a decrease of 3.1percentage points compared with 2020. Sean Smith. We have sought at all times to conduct the job reductions process in accordance with our core values of honesty, integrity and respect for people. 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 market would like to see them go external.. But the things I don't know about are blind spots that have the potential to really create concern. 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 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. Most of our work around LGBT+ inclusion happens at a country level in line with local policies, laws and regulations. Separately, following the BG acquisition, certain employee share awards made in 2015 under BGs Long-term Incentive Plan were automatically exchanged for equivalent awards over shares in the Company. None of the awards result in beneficial ownership until the shares vest. See here for a complete list of exchanges and delays. 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. These options are normally exercisable after completion of a three-year contractual savings period. In certain circumstances, awards may beadjusted before delivery or subject to clawback after delivery. Legal counsel provides legal advice globally and supports the implementation of programmes. 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. 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. 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. He joined Shell in 1995 as a business analyst and led many Downstream businesses across Shell in Europe, Africa, North and South America as well as Asia. We co-sponsored the UK 2021 Race at Work survey conducted bythemembership organisation Business in the Community. Thisincludes equal access to valuable educational resources, training programmes, and emphasis on personal and professional development. Sponsored by our CEO Ben van Beurden, Integrated Gas, Renewables and Energy Solutions Director Wael Sawan and Legal Director Donny Ching, the council aims toadvance diversity in our workforce so that it better reflects communities where we work and from which we draw talent. 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. 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. 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. Our approach reinforces respect for people and provides psychological safety for our LGBT+ employees in line with our core values. These options are normally exercisable after completion of a three-year orfive-year contractual savings period. Subscribers with digital access can view this article. Externally, in the USA, wework closely with the civil rights organisation National Urban League. Climate change and energy transition. Shell has a global LGBT+ forum consisting of LGBT+ colleagues and allies. 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. The four internal candidates for the top job all have their merits. In 2021, we continued to support our people and assist in the fight against COVID-19. 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. She is married with three children. Employees who are about to leave typically have a lower response rate than those who plan to stay with a company. Shell is Woodside's biggest partner in the Browse project and both Woodside and Shell are facing pressure from the Morrison government to proceed. 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. We introduced a global minimum standard for outplacement. 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. 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). Zoe's career began in Australia with front line work in a number of mining roles. The 19% of our workforce who have not provided data or have chosen not to declare their ethnicity were not included in our calculations. 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We are focusing on the USA, UK and Netherlands because these are theShell hubs where we see the most significant opportunities for representation and inclusion of minority staff. Recently appointed Chief Financial Officer Sinead Gorman and Zoe Yujnovich, head of upstream, are also seen as possible successors, the sources said. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. He joined Shell in 1990 and has held various management positions in Exploration and Production, Internal Audit, and Group Strategy and Planning. Prior to joining Shell, she served in a number of management roles for Rio Tinto. 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 . We are working to address racial inequity. 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. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. Shell Upstream Director Zo Yujnovich was appointed Shell's Upstream Director and joined the Executive Committee in October 2021. This button displays the currently selected search type. In the UK, Shell was one of the first signatories to the Race at Work Charter of the Business in The Community organisation. 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. 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. All metrics except the employees metric exclude the employees in certain Upstream, Renewables and Energy Solutions and Downstream companies that maintain their own HR systems. In the Netherlands, we began implementing our first Ethnic Inclusion action plan and established an employee sounding board to support thisprocess. 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 Enablement and disability inclusion focus area is sponsored by Harry Brekelmans, Projects & Technology Director and Huibert Vigeveno, Downstream Director. This article was published more than 6 years ago. 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. We do not tolerate the direct or indirect offer, payment, solicitation oracceptance of bribes in any form. 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.
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