Zo has held various management positions in Downstream, Integrated Gas and Upstream. See Zoe A Yujnovich's compensation, career history, education, & memberships. 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. 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. Breaking news, sport, business and more. Click on a photograph to read the full biography, Seven years and five months (appointed October 2014). 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. I like quiet time when I leave the office to be at home, be with my family, and reenergize in private. Sponsors are the people who were advocating, perhaps, without my knowledge. The forum now has 14 chapters globally. Eligible employees in participating countries may participate in the GlobalEmployee Share Purchase Plan. See here for a complete list of exchanges and delays. 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. 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. 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. We benchmark ourselves externally, with consistent top-tier results. (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 . In 2012 he became Executive Chair of Shell in China, and in 2016 led the integration of BG Group. People all over the world want to come to work, be recognized for doing a great job, and contribute to something that energizes them. Opinions expressed are those of the author. But he now runs Shells Integrated Gas and Renewables arm which includes LNG and green activities like solar and wind. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. He used to head oil production. She has led Shell Australia for the past. Looking back now, I certainly didn't have that in university. In 2008, he was appointed Head of Legal at Shell Singapore, having served as Associate General Counsel for Gas & Power in Asia-Pacific. Harry was previously Executive Vice President Upstream International Operated, based in the Netherlands. There are many differences across cultures, some a bit obvious like the food we eat and the things we do. 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. LNG, in which Shell has a leading 20% market share, could be the key driver of its medium-term valuation given energy security concerns. Zoe A Yujnovich is Exec VP/Dir:Upstream at Shell PLC. 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. My sense is that they affiliate perhaps more with their Canadian culture, although they still recognize Australia just because it's the heritage that they come from. 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. I know what I know, I know what I don't know, and I don't know what I don't know. This Report presents the Consolidated Financial Statements of Shell (page 228), the Parent Company . Our Standards: The Thomson Reuters Trust Principles. From 2021, 20% of the award is linked to the FCF measure and 20% is linked to an energy transition measure. Follow the topics, people and companies that matter to you. Directors and Senior Management. The remaining 33.75% was linked to the comparative performance condition. Shell is active in external organisations and activities thatadvance LGBT+ inclusion. 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. We have also pledged support for the UN Standards of Conduct for Business that aim to eliminate discrimination against lesbian, gay, bisexual, transgender and intersex (LGBTI) people. This documentary-style series follows investigative journalists as they uncover the truth. 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. Integrated Gas, Renewables and Energy Solutions Director until October 2021 (appointed January 2016). The average employee engagement score was 75 points out of 100. View whole Malaysia gas station latest petrol prices, address, openning hours, videos, photos, reviews, location, news on WapCar. In 2021, the continuing COVID-19 pandemic brought additional focus onconduct risk, which arises from human behaviour, influenced by factors inthe external environment. 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. Watch and listen to a variety of WA true crime series, video channels and podcasts with commentary on news, politics and current affairs. I gain a lot of energy by keeping fit, and I enjoy competing in half and full marathons. She was previously executive vice president of oil sands, based in Calgary. 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. Both appointments are effective 25th October 2021. In the Netherlands, we began implementing our first Ethnic Inclusion action plan and established an employee sounding board to support thisprocess. It's about finding out what gives you energy rather than what saps the energy from you. See Note 22 to the Consolidated Financial Statements. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Prior to joining Shell in 2014, Ms Yujnovich held frontline and management roles in mining across three continents. She is married with three children. On January 1, 2020, Huibert succeeded John Abbott as Downstream Director and was appointed to the Executive Committee. We launched two mandatory training courses for all staff in 2021: Respect in the Workplace and Conscious Inclusion. LONDON, Sept 2 (Reuters Breakingviews) - Shell (SHEL.L) is about to get a new boss. Zoe Yujnovich was appointed the Executive Vice President, Heavy Oil on January 1, 2016. The 19% of our workforce who have not provided data or have chosen not to declare their ethnicity were not included in our calculations. Recently appointed Chief Financial Officer Sinead Gorman and Zoe Yujnovich, head of upstream, are also seen as possible successors, the sources said. Sawan took office on Jan. 1 . The global . 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. 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. 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. Zo Yujnovich. Zoe Yujnovich at Shell Canada, Calgary.Stephanie Leblond. We aim to increase racial and ethnic representation across our workforce so that we better reflect the communities in which we work and live. 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. 6:30PM October 4, 2019. 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. Ms Yujnovich said on Friday that Australia was central to Shells LNG business and for its plans to move into providing cleaner energy. The remaining 60% is linked to the comparative performance condition. He also pulled off the $70 billion purchase of BG Group in 2016, which made it a leading force in liquefied natural gas (LNG). 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. Allegations may be raised confidentially and anonymously through several channels, including a Shell Global Helpline operated by an independent provider. I use it as a meditation time. 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 opinions expressed are his own.). Ms Yujnovich will take up a key role in shaping Shells future in conventional oil and gas across 18 countries, excluding Australia, from January. Legal counsel provides legal advice globally and supports the implementation of programmes. 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. This award supports employee engagement in the Powering Progress strategy. 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. Before that, hewas Executive Vice President Deep Water and amember of the Upstream Leadership Team. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. We pay particular attention to our due diligence procedures when dealing with third parties. The Shell People Survey is one of the principal tools used to measure employee engagement, motivation, affiliation and commitment to Shell. 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. Both appointments are effective Oct. 25. These options are normally exercisable after completion of a three-year orfive-year contractual savings period. We have constantly sought to show care for anyone losing theirrole. We do not tolerate the direct or indirect offer, payment, solicitation oracceptance of bribes in any form. Under the Performance Share Plan (PSP), 50% of the award is linked to certain indicators described in Performance indicators, averaged over the performance period. Our ethnic minority employees identified as Asian (13.1%), black (3.4%), mixed (2.4%) or another ethnic background (2.6%). Zo has lived in nine countries across five continents and sits on several not-for-profit Boards. Performing competitively in the evolving energy system requires competent and empowered people working safely togetheracross Shell. Shell shares were trading at 26.8 euros. As a woman in a male-dominated sector, I've had a very positive experience. Musk Made a Mess at Twitter. 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. Zoe Yujnovich joined Shell in 2014 as Vice President Oil Sands Joint Venture, based in Calgary, Alberta. 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. 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. Eight years and one month (appointed February 2014). Despite battling with two major oil price slumps and an unprecedented 66% cut to Shells dividend in April 2020, Van Beurdens track record looks acceptable. In an industry where women have been traditionally underrepresented, three of our five largest energy-trading divisions are led by women. 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. This button displays the currently selected search type. Our Real Estate teams developed guidance on returning to site safely for all of our locations. Zoe Yujnovich, who heads oil exploration, and Sinead Gorman, who recently joined as chief financial officer, are both well thought of. In October, Zo Yujnovich was appointed Upstream Director, joining Jessica Uhl, the Chief Financial Officer as the second woman on the eight-person Executive Committee. A female appointee would stand out among the male-dominated ranks of CEOs of Australias listed oil and gas producers, where FAR Ltds Cath Norman has been one of the few in the past few years. 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. Shellis working towards achieving 35% representation of women inoursenior leadership positions by 2025 and 40% by 2030. 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 . 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. This includes incorporating results from relevant internal audits, reviews and investigations, and periodically commissioning external reviews and benchmarking. This result gives Shell one ofthe leading employee engagement scores across a range of industries. Facilitation payments are also prohibited. 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. The table below shows actual employee numbers by geographical area. These options are normally exercisable after completion of a three-year contractual savings period. 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. 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. Number of selected key business countries. Shell has shortlisted four candidates to succeed veteran Chief Executive Ben van Beurden who is preparing to step down next year after nearly a decade at the helm of the $192 billion energy firm, two company sources told Reuters. Separately, following the BG acquisition, certain employee share awards made in 2015 under BGs Long-term Incentive Plan were automatically exchanged for equivalent awards over shares in the Company. 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. He joined Shell in 1988 based in Australia and then moved to Hong Kong and later to London. Six years and two months (appointed January 2016). In August, we launched our new organisational structure as part of the Reshape initiative. Search zoe yujnovich shell salary and check where the nearest petrol station is. Wael was previously the Upstream Director and amember of the Executive Committee. 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. Regular communications from our leaders emphasise the importance ofthese commitments and compliance with requirements. From 2011 to 2013, he was Country Chair Russia and Executive Vice President for Russia and the Caspian region. 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. Shares are awarded subject to a three-year retention period. 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 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. Violation of the Code of Conduct or its policies can result in disciplinary action, up to and including contract termination or dismissal. Shell also acquired business electricity retailer ERM Power in a $617 million deal in August that provided evidence it was serious about launching into the broader energy retailing market in the eastern states . 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. She was previously executive vice president of oil sands, based in Calgary. Female representation among unlisted producers, or Australian arms of international producers, has been slightly less rare, among them Ms Yujnovich herself, a previous Shell Australia chairwoman and current Woodside director Ann Pickard, former BG Group Australia chairwoman Catherine Tanna, now CEO of EnergyAustralia, and Seven Groups SGH Energy CEO Margaret Hall. Zo Yujnovich will become the second woman on Shell's eight-strong executive committee. 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. Wehaveachieved this target. He joined Shell in 1995 and led many Downstream businesses across Shell in Europe, Africa, North and South America, and Asia. In 2021, we continued to support our people and assist in the fight against COVID-19. One of the things that strikes me is just the generosity and the care in Canadian people. The employee engagement score is based on a well-researched and validated model that combines satisfaction, motivation, affiliation, loyaltyand dedication. 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. Will His AI Plans Be Any Different? He joined Shell in 1990 and has held various management positions in Exploration and Production, Internal Audit, and Group Strategy and Planning. The proportion of voluntary resignations in Shell was 4.4% in 2021 compared with 2.6% in 2020. We are launching mandatory anti-racism training for all US staff. 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. 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. While balancing cash-generating fossil fuels and emissions wont get any easier, Sawan looks the best placed to try. On October 25, 2021, Wael succeeded Maarten Wetselaar as Integrated Gas, Renewables and EnergySolutions Director. 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. 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. We also provided tips on setting up and maintaining good ergonomics, working with others virtually and maintaining productivity. . We provide our people with what they need to work in our offices and other locations, with flexibility for staff based on their reasonable business and personal needs. 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. 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 He joined Shell in 1995 as a business analyst and led many Downstream businesses across Shell in Europe, Africa, North and South America as well as Asia. 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.
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