Shells business in Australia has constantly evolved over the past 118 years, and Ill pass on the baton to Tony inspired by the direction were heading to meet the changing needs of society.. 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. Zoe Yujnovich joined Shell in 2014 as Vice President Oil Sands Joint Venture, based in Calgary, Alberta. We launched two mandatory training courses for all staff in 2021: Respect in the Workplace and Conscious Inclusion. BHPs head of petroleum Geraldine Slattery, an Ireland-raised physics graduate now based in Houston and with 25 years experience at the miners oil and gas division, is also said by some to be in the running, although others say not. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias. When expanded it provides a list of search options that will switch the search inputs to match the current selection. We monitor and report internally on adherence to select ethics and compliance requirements, such as mandatory training completion andduediligence screening. At December 31, 2021, there were a total of 82,000 employees at Shell. We aim to increase racial and ethnic representation across our workforce so that we better reflect the communities in which we work and live. Dutchman Huibert Vigeveno heads Shells refining operations, which have been making money hand over fist amid record refining margins. The remaining 60% is linked to the comparative performance condition. 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. It's not a time to focus; it's actually a time to lose focus and try not to have my mind filled with too many distractions. The CEO search process, which was announced in December when Mr Coleman advised that he would retire in the second half of 2022 after 10 years at the helm, is being run by international firm Spencer Stuart, so other overseas candidates could be in the frame. As a result of different notice periods in various markets, people are continuing to leave until the end of 2022. She has more than 25 years' experience in various aspects of industry, from frontline operations to project execution and strategic leadership. 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. 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. Chief Executive Ben van Beurden, who has been in situ since the start of 2014, is likely to step down from the $192 billion oil giant next year, Reuters has reported read more . We have set a recruitment ambition to have 8% black representation inour graduate and experienced hires by 2025, to increase representation in line with UK society through actions such as mentoring and outreach. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. We promote equal opportunity and create an environment where people feel included, regardless of sexual orientation or gender identity. On October 25, 2021, Zo succeeded Wael Sawan as Upstream Director and was appointed to the Executive Committee. 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. LNG, in which Shell has a leading 20% market share, could be the key driver of its medium-term valuation given energy security concerns. Violation of the Code of Conduct or its policies can result in disciplinary action, up to and including contract termination or dismissal. Regular communications from our leaders emphasise the importance ofthese commitments and compliance with requirements. 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. This isadecrease of three points compared with 2020 but still reflects the resilience of our people in a year of change. 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. 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] 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. 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. Get the news you want delivered straight to your inbox so you never miss a headline. We do not tolerate the direct or indirect offer, payment, solicitation oracceptance of bribes in any form. The shake-up will see Shell Australia chairman Zoe Yujnovich move to company headquarters at The Hague. The increase was caused by the rise in the availability of virtual courses as we rapidly digitalised, enabling people toattend virtually. Zo Yujnovich. Thisincludes equal access to valuable educational resources, training programmes, and emphasis on personal and professional development. He joined Shell in 1988 and has held roles in Shells Upstream, Integrated Gas, and Downstream businesses and our Projects & Technology organisation. 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. She has led Shell Australia for the past. Shell to combine its integrate gas, upstream businesses 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. 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. Prior to joining Shell, she served in a number of management roles for Rio Tinto. We offer a good practice anti-bribery and corruption e-learning course to third parties that may not have a training programme in place. I gain a lot of energy by keeping fit, and I enjoy competing in half and full marathons. 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. This decrease was probably because of the timing of the survey, as many employees who were invited to take part were on a notice period before exiting Shell because of the Reshape reorganisation. Australian Petroleum Production and Exploration Association, Executive Vice President & Country Chair of Shell Australia, Executive Vice President, Oil Sands Operations. 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. Around one-quarter of Shells global capital is invested in Australia, and it is integral to our global strategy to lead in LNG and move into power to provide more and cleaner energy as the system transitions from molecules to electrons in the decades ahead, she said. Previously she was Country Chair for Shells businesses in Australia and New Zealand and Executive Vice President for Oil Sands in Canada. Will His AI Plans Be Any Different? Zo Yujnovich - Biography - MarketScreener.com 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. He also pulled off the $70 billion purchase of BG Group in 2016, which made it a leading force in liquefied natural gas (LNG). 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. Sponsors are the people who were advocating, perhaps, without my knowledge. 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. 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. The employee engagement score is based on a well-researched and validated model that combines satisfaction, motivation, affiliation, loyaltyand dedication. We are part ofBlack Representation in Marketing (BRiM), a UK initiative to improve the representation of black people in marketing. In 2021, learners embraced the virtual courses. 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. We track local national coverage. Fri, 15 October 2021 1:02AM. One of the things that strikes me is just the generosity and the care in Canadian people. Shell shares were trading at 26.8 euros as of 1000 GMT on Sept. 2, up 1.7%. SHEL Company Profile & Executives - Shell PLC ADR - The Wall Street Journal In 2021, there were 1,479 entries to the Shell Global Helpline: 1,177allegations and 302 inquiries. 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. She was previously executive vice president of oil sands, based in Calgary. Breakingviews: Shell's next boss looks a shoo-in | Reuters Search zoe yujnovich shell salary and check where the nearest petrol station is. 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. Ms Yujnovich said on Friday that Australia was central to Shells LNG business and for its plans to move into providing cleaner energy. The new division, which combines Shell's most profitable operations, will be headed by current upstream director Zoe Yujnovich, Shell said in a statement on Monday. Currently six out of 12 of our Board members are women. 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. 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. Musk Made a Mess at Twitter. Zo has lived in nine countries across five continents and sits on several not-for-profit Boards. 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. In 2021, the response rate was 83%, a decrease of 3.1percentage points compared with 2020. (The author is a Reuters Breakingviews columnist. The rate is low across a range of industries. 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. In 2008, he was appointed Head of Legal at Shell Singapore, having served as Associate General Counsel for Gas & Power in Asia-Pacific. The opinions expressed are his own.). Under the Restricted Share Plan, awards are made on a highly selective basis to senior staff. 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. Zo Yujnovich 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 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. 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. Management regularly engages with our employees, including internally elected employee representatives, through a range of formal and informal channels. 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. With over twenty years' experience in the mining industry, Zoe now leads Shell's Athabasca Oil Sands Project (AOSP) which includes the Albian Sands mining facilities and the Scotford Upgrader. In the Netherlands, we began implementing our first Ethnic Inclusion action plan and established an employee sounding board to support thisprocess. All are members of the Executive Committee (see Governance Framework). In 2021, in the USA we earned a perfect score of 100 points in the Human Rights Campaign Foundations Corporate Equality Index, a recognition we have earned annually since 2016. Zoe Yujnovich. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. From 2011 to 2013, he was Country Chair Russia and Executive Vice President for Russia and the Caspian region. Two years and two months (appointed January 2020). But he now runs Shells Integrated Gas and Renewables arm which includes LNG and green activities like solar and wind. 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. 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? Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Harry was previously Executive Vice President Upstream International Operated, based in the Netherlands. Both appointments are effective Oct. 25. 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. Wehaveachieved this target. Performing competitively in the evolving energy system requires competent and empowered people working safely togetheracross Shell. From 2021, 10% of the award is linked to the FCF measure and 10% is linked to an energy transition measure. That's what I try to focus on at this point in my career. We want everyone to have a strong sense of belonging, irrespective of our differences. This result gives Shell one ofthe leading employee engagement scores across a range of industries. She then chaired Shell Australia for 2 years from early 2017. That said, Shell doesnt tend to have two Dutch CEOs in a row, and the female candidates are less well known to investors. Zoe Yujnovich was appointed the Executive Vice President, Heavy Oil on January 1, 2016. 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. 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. Zoe Yujnovich, who heads oil exploration, and Sinead Gorman, who recently joined as chief financial officer, are both well thought of. Recently appointed Chief Financial Officer Sinead Gorman and Zoe Yujnovich, head of upstream, are also seen as possible successors, the sources said. Zoe Yujnovich at Shell Canada, Calgary.Stephanie Leblond. 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. 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. See Zoe A Yujnovich's compensation, career history, education, & memberships. On October 25, 2021, Wael succeeded Maarten Wetselaar as Integrated Gas, Renewables and EnergySolutions Director. See here for a complete list of exchanges and delays. 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. Sponsorship played a very important for my career. 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. Zoe Yujnovich, chairman, Shell Australia: 'I really believe in what we Neither she nor Ms Slattery has experience as CEO of a listed oil and gas producer, with the same for Ms ONeill. 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. But the things I don't know about are blind spots that have the potential to really create concern. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. 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 . This ensured that all employees whowere leaving Shell had access to an independent professional careercoach who could offer individualised support. 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. We have around 3,000 people that are leaving on SVS. Economic Club of Canada - Zoe Yujnovich These options are normally exercisable after completion of a three-year contractual savings period. Watch and listen to a variety of WA true crime series, video channels and podcasts with commentary on news, politics and current affairs. Her role in Australia will be filled by Tony Nunan, who currently heads up the oil and gas giant's operations in eastern Australia. We also provided resources for our employees under the Care-for-Self programme. Recently appointed Chief Financial Officer Sinead Gorman and Zoe Yujnovich, head of upstream, are also seen as possible successors, the sources said. We are working to advance LGBT+ inclusion within Shell. 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. She holds an engineering degree from the University of Western Australia and an Executive MBA from the University of Utah. The table below shows actual employee numbers by geographical area. High-flyer quits Shell and opens up race to be next chief executive This interview has been edited and condensed. The Shell People Survey is one of the principal tools used to measure employee engagement, motivation, affiliation and commitment to Shell. Copyright 2023 S&P Global. She joined Rio Tinto in 1996, after obtaining an engineering degree from the University of Western Australia, where she held roles including company president in Brazil and chief executive of the Iron Ore Company of Canada. She is married with three children. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. 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. They are communicated to Shell employees and contract staff and, where necessary and appropriate, to agents and business partners. 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. Subscribers with digital access can view this article. View whole Malaysia gas station latest petrol prices, address, openning hours, videos, photos, reviews, location, news on WapCar. 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. Shellis working towards achieving 35% representation of women inoursenior leadership positions by 2025 and 40% by 2030. Shell boss Zoe Yujnovich heads to The Hague - The Australian 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. Now, I actually really value listening to others before I speak. There were a total of 87,000 employees atDecember 31, 2020, and December 31, 2019. 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. 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).