Zo Yujnovich. Our ethnic minority employees identified as Asian (13.1%), black (3.4%), mixed (2.4%) or another ethnic background (2.6%). 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. Breaking news, sport, business and more. 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. Subscribers with digital access can view this article. Climate change and energy transition. In his new role, Wael Sawan will oversee Shell's continued expansion into low-carbon and renewable energies as well as the power markets. At Shell, we seek to provide a safe, caring and inclusive environment forLGBT+ and PWD (people with disabilities) staff so that they can bethemselves and reach their full potential. 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. As a result of different notice periods in various markets, people are continuing to leave until the end of 2022. The remaining 33.75% was linked to the comparative performance condition. Copyright 2023 Surperformance. We continued our home-working ergonomics programme, providing funding for proper office equipment for home use for 5,000 employees in addition to the 50,000 we assisted in 2020. Zo Yujnovich will become the second woman on Shell's eight-strong executive committee. 52, has been on Shell's executive committee since January 2016 as its head of integrated gas . 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. 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. Jessica Uhl was included in the OUTstanding 2021 Ally Executives Role Model List, which recognises business leaders who help create more inclusive workplaces. 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. 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. 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. Options havebeen granted over the Companys shares at market value on the invitation date. Her role in Australia will be filled by Tony Nunan, who currently heads up the oil and gas giant's operations in eastern Australia. Australian Petroleum Production and Exploration Association, Executive Vice President & Country Chair of Shell Australia, Executive Vice President, Oil Sands Operations. In the Netherlands, we began implementing our first Ethnic Inclusion action plan and established an employee sounding board to support thisprocess. Our Standards: The Thomson Reuters Trust Principles. (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 . 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. 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. By contrast, Canadian Wael Sawan looks ideal. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. Shell in the UK was one of the first FTSE 100 companies to voluntarilypublish ethnicity pay gap data in November 2020. It's somewhat subtle, but I think mentors tend to be more active in terms of perhaps guiding me on specific things. 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. This includes incorporating results from relevant internal audits, reviews and investigations, and periodically commissioning external reviews and benchmarking. She started her career as a civil engineer before moving into finance roles when she joined Shell in 1999. And I'm always expanding my knowledge to what I don't know I don't know. This included offering funding to new joiners for home-use office equipment. Theoutstanding awards take the form of nil-cost options. Zoe Yujnovich joined Shell in 2014 as Vice President Oil Sands Joint Venture, based in Calgary, Alberta. That said, Shell doesnt tend to have two Dutch CEOs in a row, and the female candidates are less well known to investors. He joined Shell in 1995 and led many Downstream businesses across Shell in Europe, Africa, North and South America, and Asia. 2021- heden1 jaar 5 maanden. Some information may no longer be current. Our approach starts with living up to our core values of honesty, integrity and respect for people. We believe that by achieving this ambition, we will contribute to a better and more equal world. For every six shares purchased by the employee, one matching share is provided at no cost to the employee. 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. Shell was rated as a top employer inthe Workplace Pride Global Benchmark 2021 survey, with a score of 92.4%. We are creating an environment where people with disabilities can excel. Zoe Yujnovich, who heads oil exploration, and Sinead Gorman, who recently joined as chief financial officer, are both well thought of. In 2021, 47% of our graduate recruits were female, compared with 49% in2020. Prior to joining Shell, she served in a number of management roles for Rio Tinto. Zo Yujnovich was appointed Shells Upstream Director and joined the Executive Committee in October 2021. Zoe A Yujnovich is Exec VP/Dir:Upstream at Shell PLC. Violation of the Code of Conduct or its policies can result in disciplinary action, up to and including contract termination or dismissal. Everyone wants to make a real difference. Recently appointed Chief Financial Officer Sinead Gorman and Zoe Yujnovich, head of upstream, are also seen as possible successors, the sources said. 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? Shellis working towards achieving 35% representation of women inoursenior leadership positions by 2025 and 40% by 2030. We also make our requirements clear to third parties through a variety of measures such as standard contract clauses. But in essence, there is a really strong commonality. These options are normally exercisable after completion of a three-year contractual savings period. Two years and eight months (appointed July 2019). Senior manager is defined in section 414C(9) of the Companies Act 2006 and, accordingly, the number disclosed comprises the Executive Committee members who were not Directors of the Company, and other directors of Shell subsidiaries. Our workplace accessibility (WPA) service currently serves 86 locations globally. As ethnicity declaration is voluntary, our ethnicity declaration rate is not 100% and all calculations are based on a declaration rate of 81%. Two of our LGBT+ colleagues were featured in the OUTstanding 2021 LGBT+ Future Leaders List. Wael was previously the Upstream Director and amember of the Executive Committee. See here for a complete list of exchanges and delays. Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek". See Zoe A Yujnovich's compensation, career history, education, & memberships. Our kids grew up in Montreal and so have a very strong language in French. On January 1, 2020, Huibert succeeded John Abbott as Downstream Director and was appointed to the Executive Committee. Dutchman Huibert Vigeveno heads Shells refining operations, which have been making money hand over fist amid record refining margins. Mr Nunan joined QGC as legal counsel in 2008, was managing director after a takeover by BG Group and then returned to run the business when it passed into Shell hands in 2016. She was previously executive vice president of oil sands, based in Calgary. One of the things that strikes me is just the generosity and the care in Canadian people. My passion has been around trying to make a difference in how we contribute to developing the world from the resources that we have. Ms Yujnovich, who upset the Morrison government before the May federal election by suggesting Australia should consider re-introducing a price on carbon, said Shells business continued to evolve with a focus on cleaner energy. 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. They were sitting at the boardroom table or around the leadership table, as roles were being considered and my name was being put forward as a possible candidate. As a result, we dismissed or terminated the contracts of a total of 67 employees and contract staff. There are many differences across cultures, some a bit obvious like the food we eat and the things we do. Neither she nor Ms Slattery has experience as CEO of a listed oil and gas producer, with the same for Ms ONeill. We benchmark ourselves externally, with consistent top-tier results. Get notifications in MyBN when activity occurs. This result gives Shell one ofthe leading employee engagement scores across a range of industries. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. The problem for Andrew Mackenzie, the Shell chair tasked with identifying Van Beurdens successor, is that the British energy giant is pulled in opposite directions. In certain circumstances, awards may be adjusted before delivery or subject to clawback after delivery. 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. Most recently she was Executive Vice President for Shells Conventional Oil & Gas business with operations in 19 countries. 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. Looking back now, I certainly didn't have that in university. Management regularly engages with our employees, including internally elected employee representatives, through a range of formal and informal channels. These will help us to continue toembed inclusive behaviours in our culture. These awards vest at the end of a one-year period. 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. Green energy, currently a trifling contributor to revenue, could be the key to supporting Shells long-term revenue growth. Copyright 2023 S&P Global. Regular communications from our leaders emphasise the importance ofthese commitments and compliance with requirements. Thisincludes equal access to valuable educational resources, training programmes, and emphasis on personal and professional development. 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. 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. 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. formal training days for employees and joint-venture partners, experienced people joined Shell (34%female), recruited for Shell Business Operations centres (51%%female). 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. We track local national coverage. Shell Upstream Director Zo Yujnovich was appointed Shell's Upstream Director and joined the Executive Committee in October 2021. Itprovides insights into employees views and has had a consistently highresponse rate. All rights reserved. Sean Smith. For 2020, 11.25% of the award was linked to the FCF measure and 5% was linked to an energy transition measure. We also seek to provide what they need if they areworking remotely. As of December 31, 2021, there are no outstanding UK Sharesave or BG Sharesave options. Ronan previously served as EVP HR for both the Downstream and Upstream International businesses in turn. The stuff I know I don't know, I can actually get help and support on. Our Real Estate teams developed guidance on returning to site safely for all of our locations. 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. She is married with three children. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias. On October 25, 2021, Zo succeeded Wael Sawan as Upstream Director and was appointed to the Executive Committee. We monitor and report internally on adherence to select ethics and compliance requirements, such as mandatory training completion andduediligence screening. Integrated Gas, Renewables and Energy Solutions Director until October 2021 (appointed January 2016). Strong engagement helps us to accelerate our peoples development, enhance our leadership capabilities and improve employee performance. We do not tolerate the direct or indirect offer, payment, solicitation oracceptance of bribes in any form. This was a one-off share award granted to all eligible employees of Shell on June 18, 2021. Most of our work around LGBT+ inclusion happens at a country level in line with local policies, laws and regulations. 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 also provided resources for our employees under the Care-for-Self programme. The opinions expressed are his own.). The industry leader for online information for tax, accounting and finance professionals. The four internal candidates for the top job all have their merits. 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. Zo Yujnovich was appointed Shell's Upstream Director and joined the Executive Committee in October 2021. Get exclusive discounts on movie tickets, dining and popular attractions. Shares are awarded subject to a three-year retention period. Get the news you want delivered straight to your inbox so you never miss a headline. He joined Shell in 1988 based in Australia and then moved to Hong Kong and later to London. 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. 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. 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. He joined Shell in 1988 and has held roles in Shells Upstream, Integrated Gas, and Downstream businesses and our Projects & Technology organisation. 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. He joined Shell in 1990 and has held various management positions in Exploration and Production, Internal Audit, and Group Strategy and Planning. 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.