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. This was a one-off share award granted to all eligible employees of Shell on June 18, 2021. 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. 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. Comments. 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. 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. When expanded it provides a list of search options that will switch the search inputs to match the current selection. 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. Our Standards: The Thomson Reuters Trust Principles. 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. For 2020, 11.25% of the award was linked to the FCF measure and 5% was linked to an energy transition measure. Shell shares were trading at 26.8 euros. Zoe A Yujnovich is Exec VP/Dir:Upstream at Shell PLC. Zoe Yujnovich was appointed the Executive Vice President, Heavy Oil on January 1, 2016. Follow the topics, people and companies that matter to you. 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. He joined Shell in 1995 and led many Downstream businesses across Shell in Europe, Africa, North and South America, and Asia. There are many differences across cultures, some a bit obvious like the food we eat and the things we do. The rate is low across a range of industries. Ronan previously served as EVP HR for both the Downstream and Upstream International businesses in turn. They say that favours Ms Yujnovich securing the role rather than Ms ONeill, despite the latters excellent track record in development, both at Woodside and previously with ExxonMobil. The average employee engagement score was 75 points out of 100. We have constantly sought to show care for anyone losing theirrole. This documentary-style series follows investigative journalists as they uncover the truth. 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. We have migrated to virtual courses and their uptake has increased from2020, when people were still new to the virtual ecosystem. New CEO took office Jan. 1 LONDON, Jan 30 (Reuters) - Shell (SHEL.L) will combine its oil and gas production and liquefied natural gas (LNG) divisions as part of broader changes under new CEO. Huibert Vigeveno, the current downstream director, will . Get the news you want delivered straight to your inbox so you never miss a headline. As told to Karl Moore and Aya Schechner. That's really been what fuels my passion. formal training days for employees and joint-venture partners, experienced people joined Shell (34%female), recruited for Shell Business Operations centres (51%%female). In certain markets, we provided the opportunity for selected voluntary severance (SVS), in order to reduce the number of enforced redundancies. Theoutstanding awards take the form of nil-cost options. In 2008, he was appointed Head of Legal at Shell Singapore, having served as Associate General Counsel for Gas & Power in Asia-Pacific. Under the Restricted Share Plan, awards are made on a highly selective basis to senior staff. Fri, 10/15/2021 - 09:35 AM. Everyone wants to make a real difference. 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. Search zoe yujnovich shell salary and check where the nearest petrol station is. Under the Performance Share Plan (PSP), 50% of the award is linked to certain indicators described in Performance indicators, averaged over the performance period. 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. 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). In some cases, we may report a violation to the relevant authorities, which couldlead to legal action, fines or imprisonment. 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 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. Get exclusive discounts on movie tickets, dining and popular attractions. 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. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. Externally, in the USA, wework closely with the civil rights organisation National Urban League. 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 Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, More Iranian Schoolgirls Sickened in Suspected Poisoning Wave, No Major Offer Expected on Childcare in UK Budget, Oil Investors Get $128 Billion Handout as Doubts Grow About Fossil Fuels, Climate Change Is Launching a MutantSeed Space Race, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? 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. We launched two mandatory training courses for all staff in 2021: Respect in the Workplace and Conscious Inclusion. The four internal candidates for the top job all have their merits. Whether Woodsides new CEO will expand the Pluto LNG project is a point of debate among investors. 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. Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek". He joined Shell in 1988 and has held roles in Shells Upstream, Integrated Gas, and Downstream businesses and our Projects & Technology organisation. 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. We seek to ensure everyone atShell has equal opportunities and feels included. 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 Senior Management of the Company comprises the Executive Directors, Ben van Beurden and Jessica Uhl, and those listed below. Shares are awarded subject to a three-year retention period. From 2011 to 2013, he was Country Chair Russia and Executive Vice President for Russia and the Caspian region. That's what I try to focus on at this point in my career. Huibert was previously Executive Vice President Global Commercial. Performing competitively in the evolving energy system requires competent and empowered people working safely togetheracross Shell. Zoe Yujnovich, who heads oil exploration, and Sinead Gorman, who recently joined as chief financial officer, are both well thought of. This interview has been edited and condensed. In the Netherlands, we began implementing our first Ethnic Inclusion action plan and established an employee sounding board to support thisprocess. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. 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. 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. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Eligible employees of participating Shell companies in the UK have beenable to participate in the UK Sharesave Scheme. Shell is Woodside's biggest partner in the Browse project and both Woodside and Shell are facing pressure from the Morrison government to proceed. 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. 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. She is married with three children. Currently six out of 12 of our Board members are women. She then chaired Shell Australia for 2 years from early 2017. Ed was previously Executive Vice President Strategy, Portfolio & Sustainability. The lead internal candidate is US-born Meg ONeill, who has responsibility for development and marketing and was singled out by current chief executive Peter Coleman as a potential successor when she joined Woodside from Mr Colemans former employer, ExxonMobil in 2018. He previously served as Shells UK Country Chair. 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. Zoe Yujnovich elevated to Shell's senior ranks with new promotion. He used to head oil production. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. These numbers exclude those in companies with their own HR systems. All rights reserved. One of the things that strikes me is just the generosity and the care in Canadian people. Copyright 2023 Surperformance. 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. 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. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, This Week in Crypto: Ukraine War, Marathon Digital, FTX. 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. Our approach starts with living up to our core values of honesty, integrity and respect for people. The shake-up will see Shell Australia chairman Zoe Yujnovich move to company headquarters at The Hague. But in essence, there is a really strong commonality. We also provided tips on setting up and maintaining good ergonomics, working with others virtually and maintaining productivity. 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. Two years and eight months (appointed July 2019). We believe that by achieving this ambition, we will contribute to a better and more equal world. Dutchman Huibert Vigeveno heads Shells refining operations, which have been making money hand over fist amid record refining margins. 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. The Toowoomba-born executive has a long history with QGC, which also supplies about 20 per cent of the east coast domestic gas market and was the worlds first plant to export LNG made from gas extracted from coal seams. Sponsors are the people who were advocating, perhaps, without my knowledge. LNG, in which Shell has a leading 20% market share, could be the key driver of its medium-term valuation given energy security concerns. The market would like to see them go external.. She has led Shell Australia for the past. The stuff I know I don't know, I can actually get help and support on. 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). For 2019 and 2020, 22.5% of the award is linked to the FCF measure and 10% is linked to an energy transition measure. Zoe Yujnovich, the current director of upstream, will head up a new directorate that combines the Integrated Gas and Upstream businesses. This Report presents the Consolidated Financial Statements of Shell (page 228), the Parent Company . 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. We are working to address racial inequity. In 2021, the continuing COVID-19 pandemic brought additional focus onconduct risk, which arises from human behaviour, influenced by factors inthe external environment. This article was published more than 6 years ago. 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. Sponsorship played a very important for my career. 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. See Zoe A Yujnovich's compensation, career history, education, & memberships. Before that, hewas Executive Vice President Deep Water and amember of the Upstream Leadership Team. The remaining 33.75% was linked to the comparative performance condition. As ethnicity declaration is voluntary, our ethnicity declaration rate is not 100% and all calculations are based on a declaration rate of 81%. 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. Eight years and one month (appointed February 2014). On October 25, 2021, Wael succeeded Maarten Wetselaar as Integrated Gas, Renewables and EnergySolutions Director. Will His AI Plans Be Any Different? 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). For every six shares purchased by the employee, one matching share is provided at no cost to the employee. These will help us to continue toembed inclusive behaviours in our culture. Watch and listen to a variety of WA true crime series, video channels and podcasts with commentary on news, politics and current affairs. The 19% of our workforce who have not provided data or have chosen not to declare their ethnicity were not included in our calculations. The Enablement and disability inclusion focus area is sponsored by Harry Brekelmans, Projects & Technology Director and Huibert Vigeveno, Downstream Director. 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.
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