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. 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. 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 support has included providing access to vaccines. In 2021, 47% of our graduate recruits were female, compared with 49% in2020. At December 31, 2021, there were a total of 82,000 employees at Shell. In August, we launched our new organisational structure as part of the Reshape initiative. 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. Our Standards: The Thomson Reuters Trust Principles. Watch and listen to a variety of WA true crime series, video channels and podcasts with commentary on news, politics and current affairs. Strong engagement helps us to accelerate our peoples development, enhance our leadership capabilities and improve employee performance. That said, I still look around at the industry as a whole and feel that there is still under-representation of women in senior leadership roles. Female contenders vie for Woodside CEO role - Australian Financial Review Zoe Yujnovich - Business News I like quiet time when I leave the office to be at home, be with my family, and reenergize in private. This included offering funding to new joiners for home-use office equipment. 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. 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 will also become a stronger organisation, with a richness ofexperience and views to guide us. 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 Two years and two months (appointed January 2020). We believe that by achieving this ambition, we will contribute to a better and more equal world. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. 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. 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. 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. We also provided tips on setting up and maintaining good ergonomics, working with others virtually and maintaining productivity. View whole Malaysia gas station latest petrol prices, address, openning hours, videos, photos, reviews, location, news on WapCar. Donny was previously General Counsel for Projects & Technology, based in the Netherlands. Zoe Yujnovich. The global . We benchmark ourselves externally, with consistent top-tier results. 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. For 2019 and 2020, 22.5% of the award is linked to the FCF measure and 10% is linked to an energy transition measure. Eligible employees of participating Shell companies in the UK have beenable to participate in the UK Sharesave Scheme. 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. The Board has delegated the oversight of the functioning of the Shell Global Helpline to the Audit Committee. 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. Itprovides insights into employees views and has had a consistently highresponse rate. 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. Get the news you want delivered straight to your inbox so you never miss a headline. These are reinforced with both global and targeted messages to ensure that Shell staff are kept reminded of their obligations. Internal investigations confirmed 181 substantiated breaches of the Code of Conduct in 2021. 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. All are members of the Executive Committee (see Governance Framework). She then chaired Shell Australia for 2 years from early 2017. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. Leading the pack is former Shell Australia chairwoman Zoe Yujnovich, now a heavy hitter at the energy giant's global headquarters in The Hague where she heads the worldwide conventional oil and . 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. That's what I try to focus on at this point in my career. Theoutstanding awards take the form of nil-cost options. Zo Yujnovich was appointed Shell's Upstream Director and joined the Executive Committee in October 2021. 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. Two of our LGBT+ colleagues were featured in the OUTstanding 2021 LGBT+ Future Leaders List. She said in June that while there was agreement the Browse field would be the "anchor tenant" to provide replacement gas for the North West Shelf venture, there needed to be opportunities to "optimise" the timing of Browse and how to fill spare capacity at the LNG plant arising before Browse gas comes online. Veteran Shell director departs amid shake-up by new chief executive 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. We have migrated to virtual courses and their uptake has increased from2020, when people were still new to the virtual ecosystem. 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 . 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. 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. Ms Yujnovich told The West Australian's Leadership Matters breakfast event yesterday the ability to do that was the result of the culture of her business, saying that if the . That said, Shell doesnt tend to have two Dutch CEOs in a row, and the female candidates are less well known to investors. Huibert was previously Executive Vice President Global Commercial. 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. 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. 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. 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. 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. Fri, 10/15/2021 - 09:35 AM. 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. 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. Whether Woodsides new CEO will expand the Pluto LNG project is a point of debate among investors. The table below shows actual employee numbers by geographical area. 52, has been on Shell's executive committee since January 2016 as its head of integrated gas . 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.. Six years and two months (appointed January 2016). In 2021, the response rate was 83%, a decrease of 3.1percentage points compared with 2020. Ronan previously served as EVP HR for both the Downstream and Upstream International businesses in turn. 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. 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 makes changes to executive committee | Oil & Gas Journal 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. We are creating an environment where people with disabilities can excel. Since Jan. 1 2014, when he took over, Shell shares have returned 67%, not as good as TotalEnergies(TTEF.PA) 85%, but appreciably better than domestic rival BP (BP.L) and U.S. peer Exxon Mobil (XOM.N).
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