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? Neither she nor Ms Slattery has experience as CEO of a listed oil and gas producer, with the same for Ms ONeill. None of the three key executives being talked about by investors, analysts and industry sources has been confirmed by either Woodside or in person. The rate is low across a range of industries. We offer a good practice anti-bribery and corruption e-learning course to third parties that may not have a training programme in place. There are many, many things that contribute to that, but I strongly advocate that our companies should be reflective of the diversity of our communities. 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. 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. We are part ofBlack Representation in Marketing (BRiM), a UK initiative to improve the representation of black people in marketing. 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. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Ms Yujnovich said on Friday that Australia was central to Shells LNG business and for its plans to move into providing cleaner energy. Shell appoints new heads of upstream and gas-renewables divisions See Zoe A Yujnovich's compensation, career history, education, & memberships. Prior to joining Shell, she served in a number of management roles for Rio Tinto. Ronan previously served as EVP HR for both the Downstream and Upstream International businesses in turn. 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 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. Under the Restricted Share Plan, awards are made on a highly selective basis to senior staff. 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. Zo Yujnovich - Biography - MarketScreener.com He also pulled off the $70 billion purchase of BG Group in 2016, which made it a leading force in liquefied natural gas (LNG). Two years and eight months (appointed July 2019). 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. Shell Names New Upstream Director after Wael Sawan Moves to Renewables 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. Plenty of credible candidates exist to replace him, but one looks the most obvious. 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. 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. Copyright 2023 S&P Global. This Report presents the Consolidated Financial Statements of Shell (page 228), the Parent Company . My passion has been around trying to make a difference in how we contribute to developing the world from the resources that we have. Shell Upstream Director Zo Yujnovich was appointed Shell's Upstream Director and joined the Executive Committee in October 2021. Its very consistent in the equity market that no one is excited about Meg, the source said. We benchmark ourselves externally, with consistent top-tier results. And I'm always expanding my knowledge to what I don't know I don't know. Shell is Woodside's biggest partner in the Browse project and both Woodside and Shell are facing pressure from the Morrison government to proceed. He joined Shell in 1988 and has held roles in Shells Upstream, Integrated Gas, and Downstream businesses and our Projects & Technology organisation. 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. All rights reserved. zoe yujnovich shell salary - Nearest Petrol Station Prices, Address The remaining 30% is linked to the comparative performance condition. 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 Now, I actually really value listening to others before I speak. The deal was seen as a precursor to Shell eventually competing in the consumer space against the likes of Origin Energy and AGL. Zoe Yujnovich and Wael Sawan get major roles, while exiting Maarten Wetselaar will become Cepsa chief executive 15 October 2021 10:05 GMT Updated 15 October 2021 11:41 GMT By Vladimir Afanasiev Externally, in the USA, wework closely with the civil rights organisation National Urban League. 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. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. Prior to her current role, Zo was the Executive Vice President for Shell's Conventional Oil and Gas business, which spans 19 countries including Nigeria, UK, Malaysia, Oman, Brunei and Kazakhstan. Oksana Bilyk on LinkedIn: #shell 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. 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. 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. In 2021, learners embraced the virtual courses. To further support staff with disabilities, we have created internal employee resource groups, including the enABLE networks that support and highlight the work of disabled employees in Shell. From 2021, 20% of the award is linked to the FCF measure and 20% is linked to an energy transition measure. Help using this website - Accessibility statement, Shell also acquired business electricity retailer ERM Power in a $617 million deal, Shell is Woodside's biggest partner in the Browse project. Zo Yujnovich was appointed Shells Upstream Director and joined the Executive Committee in October 2021. 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. Itprovides insights into employees views and has had a consistently highresponse rate. For further information on stakeholder engagement, see Governance. 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. Violation of the Code of Conduct or its policies can result in disciplinary action, up to and including contract termination or dismissal. Sawan took office on Jan. 1 . Senior Management - Shell Annual Report and Accounts 2021 That's what I try to focus on at this point in my career. Zoe Yujnovich, chairman, Shell Australia: 'I really believe in what we We have a number of share plans designed to align employees interests with our performance through share ownership. One of the things that strikes me is just the generosity and the care in Canadian people. These options are normally exercisable after completion of a three-year orfive-year contractual savings period. First launched intheUK in 2005, we now have 14 enABLE networks globally. Recently appointed Chief Financial Officer Sinead Gorman and Zoe Yujnovich, head of upstream, are also seen as possible successors, the sources said. 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. Looking back now, I certainly didn't have that in university. Zoe A Yujnovich is Exec VP/Dir:Upstream at Shell PLC. All quotes delayed a minimum of 15 minutes. Maurice B. Shaw on LinkedIn: Shell to combine its integrate gas Integrated Gas, Renewables and Energy Solutions Director until October 2021 (appointed January 2016). 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. For 2019 and 2020, 22.5% of the award is linked to the FCF measure and 10% is linked to an energy transition measure. In 2009, Huibert was appointed Vice President Supply & Distribution, Europe and Africa. 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 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. Thisincludes equal access to valuable educational resources, training programmes, and emphasis on personal and professional development. 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. There are many differences across cultures, some a bit obvious like the food we eat and the things we do. Zo Yujnovich. 2021- heden1 jaar 5 maanden. 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. Regular communications from our leaders emphasise the importance ofthese commitments and compliance with requirements. Economic Club of Canada - Zoe Yujnovich The Audit Committee is also authorised to establish and monitor the implementation of procedures for the receipt, retention, proportionate and independent investigation and follow-up action of reported matters. 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. 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. Six years and two months (appointed January 2016). The opinions expressed are his own.). If you work on the basis Kevin was offered it, it must mean the board is willing to entertain a change of strategy, said one investor source, noting Ms ONeill may be favoured if the strategy is to remain unchanged and Woodside proceeds with its $16 billion Scarborough gas project in Western Australia as envisaged by Mr Coleman. Shell has a global LGBT+ forum consisting of LGBT+ colleagues and allies. Shell in the UK was one of the first FTSE 100 companies to voluntarilypublish ethnicity pay gap data in November 2020. The Shell People Survey is one of the principal tools used to measure employee engagement, motivation, affiliation and commitment to Shell. But an ongoing energy crisis means oil prices could hover around $100 a barrel for a while, which legitimises hanging around in fossil fuels. 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. 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. For 2020, 11.25% of the award was linked to the FCF measure and 5% was linked to an energy transition measure. We will also become a stronger organisation, with a richness ofexperience and views to guide us. Shell belongs totheBusiness Disability Forum. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. Both appointments are effective Oct. 25, 2021. He joined Shell in 1988 based in Australia and then moved to Hong Kong and later to London. We also provided tips on setting up and maintaining good ergonomics, working with others virtually and maintaining productivity. She was previously executive vice president of oil sands, based in Calgary. From 2017 no further grants weremade under this plan. Huibert was previously Executive Vice President Global Commercial. In 2021, the continuing COVID-19 pandemic brought additional focus onconduct risk, which arises from human behaviour, influenced by factors inthe external environment. 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. 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. 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. Currently six out of 12 of our Board members are women. That's really been what fuels my passion. Shell CEO's first changes combine upstream and LNG operations That said, Shell doesnt tend to have two Dutch CEOs in a row, and the female candidates are less well known to investors. Sponsorship played a very important for my career. (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 . LNG, in which Shell has a leading 20% market share, could be the key driver of its medium-term valuation given energy security concerns. 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. 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. We seek to ensure everyone atShell has equal opportunities and feels included. Sinead Gorman | Shell Global In 2012 he became Executive Chair of Shell in China, and in 2016 led the integration of BG Group. Whether Woodsides new CEO will expand the Pluto LNG project is a point of debate among investors. Copyright 2023 Surperformance. 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. Get exclusive discounts on movie tickets, dining and popular attractions. In his new role, Wael Sawan will oversee Shell's continued expansion into low-carbon and renewable energies as well as the power markets. Zoe Yujnovich: 'I actually really value listening to others before I But the things I don't know about are blind spots that have the potential to really create concern. Zoe Yujnovich. The Board has delegated the oversight of the functioning of the Shell Global Helpline to the Audit Committee. 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. We are working to address racial inequity. We want everyone to have a strong sense of belonging, irrespective of our differences. We have constantly sought to show care for anyone losing theirrole. 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 publish our Ethics and Compliance Manual onshell.com to demonstrate our commitment in this area. 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. I gain a lot of energy by keeping fit, and I enjoy competing in half and full marathons. None of the awards result in beneficial ownership until the shares vest. 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. 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. Australian Petroleum Production and Exploration Association, Executive Vice President & Country Chair of Shell Australia, Executive Vice President, Oil Sands Operations. On October 25, 2021, Wael succeeded Maarten Wetselaar as Integrated Gas, Renewables and EnergySolutions Director. We track local national coverage. Zoe Yujnovich elevated to Shell's senior ranks with new promotion. In an industry where women have been traditionally underrepresented, three of our five largest energy-trading divisions are led by women. In 2008, he was appointed Head of Legal at Shell Singapore, having served as Associate General Counsel for Gas & Power in Asia-Pacific. Our people - Shell Annual Report and Accounts 2021 At December 31, 2021, there were a total of 82,000 employees at Shell. People all over the world want to come to work, be recognized for doing a great job, and contribute to something that energizes them. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. By contrast, Canadian Wael Sawan looks ideal. 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. Our people are essential to the successful delivery of Shells strategy and to sustaining business performance over the long term. Harry was previously Executive Vice President Upstream International Operated, based in the Netherlands. 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. We are launching mandatory anti-racism training for all US staff. Zoe Yujnovich - Business News Under the Performance Share Plan (PSP), 50% of the award is linked to certain indicators described in Performance indicators, averaged over the performance period. She has led Shell Australia for the past.