She then chaired Shell Australia for 2 years from early 2017. 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 button displays the currently selected search type. Some information may no longer be current. All shares that vest are increased by an amount equal to the notional dividends accrued on those shares during the period from theaward date to the vesting date. Under the Restricted Share Plan, awards are made on a highly selective basis to senior staff. 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. 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. Neither she nor Ms Slattery has experience as CEO of a listed oil and gas producer, with the same for Ms ONeill. Everyone wants to make a real difference. On October 25, 2021, Wael succeeded Maarten Wetselaar as Integrated Gas, Renewables and EnergySolutions Director. I know what I know, I know what I don't know, and I don't know what I don't know. The remaining 67.5% is linked to the comparative performance condition mentioned above. This allowed us to continue to invest in people and capabilities, while maintaining our focus on safety. In 2021, 47% of our graduate recruits were female, compared with 49% in2020. 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. Note 27 to the Consolidated Financial Statements provides the average number of employees by business segment. Most of our work around LGBT+ inclusion happens at a country level in line with local policies, laws and regulations. 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. Our Standards: The Thomson Reuters Trust Principles. These options are normally exercisable after completion of a three-year contractual savings period. See Zoe A Yujnovich's compensation, career history, education, & memberships. 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. SHEL Company Profile & Executives - Shell PLC ADR - The Wall Street Journal Ms Yujnovich will take up a key role in shaping Shell's future in conventional oil and gas across 18 countries, excluding Australia, from January. Eligible employees in participating countries may participate in the GlobalEmployee Share Purchase Plan. Zoe Yujnovich - Upstream Director - Shell | LinkedIn Its very consistent in the equity market that no one is excited about Meg, the source said. This isadecrease of three points compared with 2020 but still reflects the resilience of our people in a year of change. I use it as a meditation time. 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All are members of the Executive Committee (see Governance Framework). The 19% of our workforce who have not provided data or have chosen not to declare their ethnicity were not included in our calculations. On October 25, 2021, Zo succeeded Wael Sawan as Upstream Director and was appointed to the Executive Committee. We aim to increase racial and ethnic representation across our workforce so that we better reflect the communities in which we work and live. Number of selected key business countries. At December 31, 2021, there were a total of 82,000 employees at Shell. Violation of the Code of Conduct or its policies can result in disciplinary action, up to and including contract termination or dismissal. 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 felt really at home here in Calgary, of course we miss Montreal, but Canada is a wonderful country to live in. This documentary-style series follows investigative journalists as they uncover the truth. 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. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. Shell makes executive committee changes | Offshore He joined Shell in 1995 and led many Downstream businesses across Shell in Europe, Africa, North and South America, and Asia. These options are normally exercisable after completion of a three-year orfive-year contractual savings period. He also pulled off the $70 billion purchase of BG Group in 2016, which made it a leading force in liquefied natural gas (LNG). Six years and two months (appointed January 2016). The global . Dutchman Huibert Vigeveno heads Shells refining operations, which have been making money hand over fist amid record refining margins. Opinions expressed are those of the author. Shell says restructuring could bring job cuts - ETHRWorld View whole Malaysia gas station latest petrol prices, address, openning hours, videos, photos, reviews, location, news on WapCar. 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. The Shell People Survey is one of the principal tools used to measure employee engagement, motivation, affiliation and commitment to Shell. 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. Get the news you want delivered straight to your inbox so you never miss a headline. Regular chances to win incredible prizes like luxury getaways and sports tickets with our subscriber exclusive competitions. 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. formal training days for employees and joint-venture partners, experienced people joined Shell (34%female), recruited for Shell Business Operations centres (51%%female). 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. 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. 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. Follow the topics, people and companies that matter to you. We are working to address racial inequity. Shell shares were trading at 26.8 euros. 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. 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. Oksana Bilyk on LinkedIn: #shell 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. Looking back now, I certainly didn't have that in university. 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. West Australian Zoe Yujnovich, widely seen as a contender for the now filled top job at Woodside Petroleum, has been promoted into Shells peak management body. Legal counsel provides legal advice globally and supports the implementation of programmes. The market would like to see them go external.. Our people are essential to the successful delivery of Shells strategy and to sustaining business performance over the long term. Our kids grew up in Montreal and so have a very strong language in French. 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. The industry leader for online information for tax, accounting and finance professionals. Zoe Yujnovich joined Shell in 2014 as Vice President Oil Sands Joint Venture, based in Calgary, Alberta. Musk Made a Mess at Twitter. 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. 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. For 2020, 11.25% of the award was linked to the FCF measure and 5% was linked to an energy transition measure. Zo Yujnovich was appointed Shell's Upstream Director and joined the Executive Committee in October 2021. All quotes delayed a minimum of 15 minutes. I am an extrovert-turned-introvert. [A] Both appointments are effective Oct. 25. Our CEO Ben van Beurden is a Catalyst CEO Champion for Change. 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. Advice for leaders: You can't look away anymore Zoe Yujnovich elevated to Shell's senior ranks with new promotion 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. 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. 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. As of December 31, 2021, 8% of our Board members were from an ethnicminority. Fri, 10/15/2021 - 09:35 AM. 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. 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. He used to head oil production. Our people - Shell Annual Report and Accounts 2021 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. But the things I don't know about are blind spots that have the potential to really create concern. Sponsors are the people who were advocating, perhaps, without my knowledge. 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. 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. Her role in Australia will be filled by Tony Nunan, who currently heads up the oil and gas giant's operations in eastern Australia. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Most recently, she served as Executive Vice President Conventional Oil & Gas and was previously Chair and Executive Vice President Shell Australia Pty Ltd. She joined Shell from Rio Tinto in 2014 to lead the companys Oil Sands business in Canada. 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. There were a total of 87,000 employees atDecember 31, 2020, and December 31, 2019. The deal was seen as a precursor to Shell eventually competing in the consumer space against the likes of Origin Energy and AGL. These will help us to continue toembed inclusive behaviours in our culture. 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. We want everyone to have a strong sense of belonging, irrespective of our differences. One of the things that strikes me is just the generosity and the care in Canadian people. Management regularly engages with our employees, including internally elected employee representatives, through a range of formal and informal channels. She is married with three children. As of December 31, 2021, there are no outstanding UK Sharesave or BG Sharesave options. 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. For information on the share-based compensation plans for Executive Directors, see the Directors Remuneration Report. 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. He joined Shell in 1997 and worked in a variety of roles in each ofShells core business units: Upstream, Integrated Gas and Downstream. 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.

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