Zoe Yujnovich at Shell Canada, Calgary.Stephanie Leblond. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. 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. Comments. 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. She then chaired Shell Australia for 2 years from early 2017. For further information on stakeholder engagement, see Governance. With over twenty years of global experience in the mining industry, Zoe joined Shell in 2014 as Vice President Oil Sands Joint Venture. 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 button displays the currently selected search type. Zoe Yujnovich joined Shell in 2014 as Vice President Oil Sands Joint Venture, based in Calgary, Alberta. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. 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. Watch and listen to a variety of WA true crime series, video channels and podcasts with commentary on news, politics and current affairs. Six years and two months (appointed January 2016). Eligible employees in participating countries may participate in the GlobalEmployee Share Purchase Plan. The remaining 60% is linked to the comparative performance condition. From 2017 no further grants weremade under this plan. She holds an engineering degree from the University of Western Australia and an Executive MBA from the University of Utah. 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. In the Netherlands, we began implementing our first Ethnic Inclusion action plan and established an employee sounding board to support thisprocess. This allowed us to continue to invest in people and capabilities, while maintaining our focus on safety. Zoe's career began in Australia with front line work in a number of mining roles. She has led Shell Australia for the past. 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? Our ambition is to become one of the most diverse and inclusive organisations in the world, a place where everyone including employees, customers, partners and suppliers feels valued and respected and has a strong sense of belonging. The market would like to see them go external.. We investigate all good-faith allegations of breaches of the Code ofConduct, however they are raised. This isadecrease of three points compared with 2020 but still reflects the resilience of our people in a year of change. Shell has a global LGBT+ forum consisting of LGBT+ colleagues and allies. 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. 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. He joined Shell in 1997 and worked in a variety of roles in each ofShells core business units: Upstream, Integrated Gas and Downstream. We seek to ensure everyone atShell has equal opportunities and feels included. As a result of different notice periods in various markets, people are continuing to leave until the end of 2022. We are creating an environment where people with disabilities can excel. 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. We also make our requirements clear to third parties through a variety of measures such as standard contract clauses. For every six shares purchased by the employee, one matching share is provided at no cost to the employee. In 2021, weformed the Global enABLEMENT Coalition, an internal forum bringing together enABLE networks and functions to create an inclusive, accessible and psychologically safe workplace for people with disabilities. Zo has lived in nine countries across five continents and sits on several not-for-profit Boards. In 2021, we continued to support our people and assist in the fight against COVID-19. 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. We offer a good practice anti-bribery and corruption e-learning course to third parties that may not have a training programme in place. (The author is a Reuters Breakingviews columnist. The rate is low across a range of industries. Get the news you want delivered straight to your inbox so you never miss a headline. 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. Our Real Estate teams developed guidance on returning to site safely for all of our locations. 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. 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. All are members of the Executive Committee (see Governance Framework). 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. Shell shares were trading at 26.8 euros. Zo Yujnovich was appointed Shell's Upstream Director and joined the Executive Committee in October 2021. Recently appointed Chief Financial Officer Sinead Gorman and Zoe Yujnovich, head of upstream, are also seen as possible successors, the sources said. Strategic Report signed on behalf of the Board, Governance of climate-related risks and opportunities, Impact of climate-related risks and opportunities, Safety, Environment and Sustainability Committee, Other regulatory and statutory information, three of our five largest energy-trading divisions are led by women, Note 4 Climate change and energy transition. Both appointments are effective Oct. 25, 2021. Zo Yujnovich will become the second woman on Shell's eight-strong executive committee. 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. Management regularly engages with our employees, including internally elected employee representatives, through a range of formal and informal channels. Our CEO Ben van Beurden is a Catalyst CEO Champion for Change. Strong engagement helps us to accelerate our peoples development, enhance our leadership capabilities and improve employee performance. Employees who are about to leave typically have a lower response rate than those who plan to stay with a company. I know what I know, I know what I don't know, and I don't know what I don't know. 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. In his new role, Wael Sawan will oversee Shell's continued expansion into low-carbon and renewable energies as well as the power markets. 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. 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. Our people are essential to the successful delivery of Shells strategy and to sustaining business performance over the long term. This interview has been edited and condensed. We are working to address racial inequity. Sean Smith. 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. Currently six out of 12 of our Board members are women. Shell was rated as a top employer inthe Workplace Pride Global Benchmark 2021 survey, with a score of 92.4%. At the same time, her reported move last August to purchase an $8 million mansion in Perths Mosman Park with her husband Jason suggests she envisages a return to Australia at some stage. Sean Smith The West Australian. The remaining 30% is linked to the comparative performance condition. 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. 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. 52, has been on Shell's executive committee since January 2016 as its head of integrated gas . Get notifications in MyBN when activity occurs. 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. These include webcasts and all-staff messages from our Chief Executive Officer (CEO) Ben van Beurden, senior leader webcasts, town halls, team meetings, virtual coffee/chai connects, interviews with Senior Management, and online publications via our intranet. In 2021, 65% of our US employees were white; 33.2% were people ofcolour, with 13% Asian, 11.8% Hispanic/Latino, 8.4% black, and 1.8%in the Other category. All rights reserved. That's really been what fuels my passion. We provide support and make adjustments for people with disabilities during the recruitment process and throughout their careers with Shell. Previously she was Country Chair for Shells businesses in Australia and New Zealand and Executive Vice President for Oil Sands in Canada. In August, we launched our new organisational structure as part of the Reshape initiative. 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. As a result, we dismissed or terminated the contracts of a total of 67 employees and contract staff. This included offering funding to new joiners for home-use office equipment. 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. He joined Shell in 1990 and has held various management positions in Exploration and Production, Internal Audit, and Group Strategy and Planning. Fri, 10/15/2021 - 09:35 AM. In certain circumstances, awards may beadjusted before delivery or subject to clawback after delivery. 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. Our Standards: The Thomson Reuters Trust Principles. Under the Performance Share Plan (PSP), 50% of the award is linked to certain indicators described in Performance indicators, averaged over the performance period. 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. 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. In 2008, he was appointed Head of Legal at Shell Singapore, having served as Associate General Counsel for Gas & Power in Asia-Pacific. As of December 31, 2021, there are no outstanding UK Sharesave or BG Sharesave options. 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. 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. 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. Most recently she was Executive Vice President for Shells Conventional Oil & Gas business with operations in 19 countries. 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. Shell shares were trading at 26.8 euros as of 1000 GMT on Sept. 2, up 1.7%. 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. Royal Dutch Shell plc ("Shell") today announces the appointments of Wael Sawan as Integrated Gas and Renewable and Energy Solutions (R&ES) Director and Zo Yujnovich as Upstream Director. In 2021, the response rate was 83%, a decrease of 3.1percentage points compared with 2020. Follow us on Twitter: @globe_careersOpens in a new window. Two years and two months (appointed January 2020). 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. One of the things that strikes me is just the generosity and the care in Canadian people. 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. Follow the topics, people and companies that matter to you. Everyone wants to make a real difference. We have around 3,000 people that are leaving on SVS. Shell Upstream Director Zo Yujnovich was appointed Shell's Upstream Director and joined the Executive Committee in October 2021. 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. We promote equal opportunity and create an environment where people feel included, regardless of sexual orientation or gender identity. Our ethnic minority employees identified as Asian (13.1%), black (3.4%), mixed (2.4%) or another ethnic background (2.6%). Prior to joining Shell in 2014, Ms Yujnovich held frontline and management roles in mining across three continents. The remaining 67.5% is linked to the comparative performance condition mentioned above. There are many differences across cultures, some a bit obvious like the food we eat and the things we do. 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). 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. The table below shows actual employee numbers by geographical area. Harry was previously Executive Vice President Upstream International Operated, based in the Netherlands. Click on a photograph to read the full biography, Seven years and five months (appointed October 2014). The Senior Management of the Company comprises the Executive Directors, Ben van Beurden and Jessica Uhl, and those listed below. Shell is a member of The Valuable 500, a global business group whichseeks to eliminate the exclusion of disabled people and ensure thatdisability remains a priority for company leaders. 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). Prior to joining Shell, she served in a number of management roles for Rio Tinto. In 2021, learners embraced the virtual courses. 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. By contrast, Canadian Wael Sawan looks ideal. In 2021 Board members had virtual staff engagements and visited some sites such as Qatar, Shell Pernis, and Pennsylvanian Chemicals park to have direct engagement with staff. In some cases, we may report a violation to the relevant authorities, which couldlead to legal action, fines or imprisonment. Facilitation payments are also prohibited. LONDON, Sept 2 (Reuters Breakingviews) - Shell (SHEL.L) is about to get a new boss. Shell also endorsed the World Economic Forum Call to Action on closing the gender gap in theoil and gas sector. These are reinforced with both global and targeted messages to ensure that Shell staff are kept reminded of their obligations. 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. The LGBT+ focus area issponsored by Chief Financial Officer Jessica Uhl. There were a total of 87,000 employees atDecember 31, 2020, and December 31, 2019. Work-life balance is a bit tricky because it indicates that, at any moment, things are in perfect harmony. For 2019 and 2020, 22.5% of the award is linked to the FCF measure and 10% is linked to an energy transition measure. Whether Woodsides new CEO will expand the Pluto LNG project is a point of debate among investors. 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. Eight years and one month (appointed February 2014). He used to head oil production. LNG, in which Shell has a leading 20% market share, could be the key driver of its medium-term valuation given energy security concerns. We publish our Ethics and Compliance Manual onshell.com to demonstrate our commitment in this area. Recently appointed Chief Financial Officer Sinead Gorman and Zoe Yujnovich, head of upstream, are also seen as possible successors, the sources said. See here for a complete list of exchanges and delays. 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. In certain markets, we provided the opportunity for selected voluntary severance (SVS), in order to reduce the number of enforced redundancies. These awards vest at the end of a one-year period. We have a number of share plans designed to align employees interests with our performance through share ownership. We co-sponsored the UK 2021 Race at Work survey conducted bythemembership organisation Business in the Community. 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. We are committed to ensuring allsuch incidents are investigated by specialists in accordance with our Investigation Principles. Zo Yujnovich was appointed Shells Upstream Director and joined the Executive Committee in October 2021. She was previously executive vice president of oil sands, based in Calgary. Legal counsel provides legal advice globally and supports the implementation of programmes. Will His AI Plans Be Any Different? Ronan previously served as EVP HR for both the Downstream and Upstream International businesses in turn. She is married with three children. We also provided tips on setting up and maintaining good ergonomics, working with others virtually and maintaining productivity. 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. Follow the topics, people and companies that matter to you. We felt really at home here in Calgary, of course we miss Montreal, but Canada is a wonderful country to live in. This total consisted of employees at Shell and employees at certainUpstream, Downstream and Renewables and Energy Solutions companies that operate more autonomously than other Shell subsidiaries and maintain their own HR systems. People all over the world want to come to work, be recognized for doing a great job, and contribute to something that energizes them.
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