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. We will also become a stronger organisation, with a richness ofexperience and views to guide us. We combined the home-working ergonomics programme with WPA to help all employees including thosewith disabilities to work from home effectively during the COVID-19 pandemic. They are communicated to Shell employees and contract staff and, where necessary and appropriate, to agents and business partners. Shell has a global LGBT+ forum consisting of LGBT+ colleagues and allies. 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. Under the Performance Share Plan (PSP), 50% of the award is linked to certain indicators described in Performance indicators, averaged over the performance period. Watch and listen to a variety of WA true crime series, video channels and podcasts with commentary on news, politics and current affairs. Zoe Yujnovich elevated to Shell's senior ranks with new promotion. Its very consistent in the equity market that no one is excited about Meg, the source said. Copyright 2023 Surperformance. 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. Zo Yujnovich - ADIPEC 2022 From 2021, 10% of the award is linked to the FCF measure and 10% is linked to an energy transition measure. The 19% of our workforce who have not provided data or have chosen not to declare their ethnicity were not included in our calculations. The employee engagement score is based on a well-researched and validated model that combines satisfaction, motivation, affiliation, loyaltyand dedication. Facilitation payments are also prohibited. As told to Karl Moore and Aya Schechner. 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 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. Six years and two months (appointed January 2016). 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. 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. Neither she nor Ms Slattery has experience as CEO of a listed oil and gas producer, with the same for Ms ONeill. Shell has said it has the best alignments across the Browse venture the company has ever seen, but Ms Yujnovich has also indicated several details needed to be thrashed out to avoid issues down the track. 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. This article was published more than 6 years ago. The Shell People Survey is one of the principal tools used to measure employee engagement, motivation, affiliation and commitment to Shell. This isadecrease of three points compared with 2020 but still reflects the resilience of our people in a year of change. 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. The stuff I know I don't know, I can actually get help and support on. The industry leader for online information for tax, accounting and finance professionals. Our ethnic minority employees identified as Asian (13.1%), black (3.4%), mixed (2.4%) or another ethnic background (2.6%). 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. Shell boss Zoe Yujnovich heads to The Hague - The Australian 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. See here for a complete list of exchanges and delays. Eight years and one month (appointed February 2014). Our core values are undermined if decisions are taken which fall short of the expected standards of ethical behaviour and compliance. These options are normally exercisable after completion of a three-year contractual savings period. Click on a photograph to read the full biography, Seven years and five months (appointed October 2014). Eligible employees of participating Shell companies in the UK have beenable to participate in the UK Sharesave Scheme. Work-life balance is a bit tricky because it indicates that, at any moment, things are in perfect harmony. Zoe Yujnovich, chairman, Shell Australia: 'I really believe in what we In 2021, there were 1,479 entries to the Shell Global Helpline: 1,177allegations and 302 inquiries. With over twenty years of global experience in the mining industry, Zoe joined Shell in 2014 as Vice President Oil Sands Joint Venture. Zoe Yujnovich | Shell Global 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. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. 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. 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. 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. My passion has been around trying to make a difference in how we contribute to developing the world from the resources that we have. She was previously executive vice president of oil sands, based in Calgary. First launched intheUK in 2005, we now have 14 enABLE networks globally. 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. Sean Smith. We offer a good practice anti-bribery and corruption e-learning course to third parties that may not have a training programme in place. 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. 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. Subscribers with digital access can view this article. 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. By contrast, Canadian Wael Sawan looks ideal. 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. Our kids grew up in Montreal and so have a very strong language in French. The table below shows actual employee numbers by geographical area. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. Copyright 2023 S&P Global. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. 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. 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 . 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. He joined Shell in 1995 and led many Downstream businesses across Shell in Europe, Africa, North and South America, and Asia. All quotes delayed a minimum of 15 minutes. Industry sources argue that that the size of that bonus suggests that Mr Gallagher must effectively have been offered the Woodside role, confirming a view in the market that the board favours an external candidate to take the countrys biggest oil and gas producer into its next phase of development. These awards vest at the end of a one-year period. We are committed to ensuring allsuch incidents are investigated by specialists in accordance with our Investigation Principles. 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. All Rights Reserved. Huibert Vigeveno, the current downstream director, will . This included offering funding to new joiners for home-use office equipment.
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