Two years and two months (appointed January 2020). The forum now has 14 chapters globally. Our kids grew up in Montreal and so have a very strong language in French. Get the news you want delivered straight to your inbox so you never miss a headline. Plenty of credible candidates exist to replace him, but one looks the most obvious. 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. 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. We are focusing on the USA, UK and Netherlands because these are theShell hubs where we see the most significant opportunities for representation and inclusion of minority staff. As of December 31, 2021, 8% of our Board members were from an ethnicminority. First launched intheUK in 2005, we now have 14 enABLE networks globally. We will also become a stronger organisation, with a richness ofexperience and views to guide us. 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. The average employee engagement score was 75 points out of 100. 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. 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. Both appointments are effective Oct. 25, 2021. She is married with three children. All rights reserved. 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). 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. Its very consistent in the equity market that no one is excited about Meg, the source said. We also seek to provide what they need if they areworking remotely. Management regularly engages with our employees, including internally elected employee representatives, through a range of formal and informal channels. Both appointments are effective Oct. 25. Shell's board succession committee, headed by Chairman Andrew Mackenzie, has met several times in recent months to draw up plans for van Beurden's departure and interview potential successors to the 64-year-old Dutchman, the sources told Reuters. 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. 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. 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. That's what I try to focus on at this point in my career. This interview has been edited and condensed. 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. Watch and listen to a variety of WA true crime series, video channels and podcasts with commentary on news, politics and current affairs. The long stints of the last four CEOs add up to an unusually long average tenure of more than 10 years, about double the average on the ASX. For every six shares purchased by the employee, one matching share is provided at no cost to the employee. In 2021, there were 1,479 entries to the Shell Global Helpline: 1,177allegations and 302 inquiries. I use it as a meditation time. 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. She was previously executive vice president of oil sands, based in Calgary. Comments. Get notifications in MyBN when activity occurs. These options are normally exercisable after completion of a three-year contractual savings period. The global . formal training days for employees and joint-venture partners, experienced people joined Shell (34%female), recruited for Shell Business Operations centres (51%%female). The remaining 67.5% is linked to the comparative performance condition mentioned above. 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 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. Shell is active in external organisations and activities thatadvance LGBT+ inclusion. We seek to ensure everyone atShell has equal opportunities and feels included. The rate is low across a range of industries. 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). The proportion of voluntary resignations in Shell was 4.4% in 2021 compared with 2.6% in 2020. We want everyone to have a strong sense of belonging, irrespective of our differences. Musk Made a Mess at Twitter. For 2019 and 2020, 22.5% of the award is linked to the FCF measure and 10% is linked to an energy transition measure. 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She has more than 25 years' experience in various aspects of industry, from frontline operations to project execution and strategic leadership. Zoe Yujnovich. Neither she nor Ms Slattery has experience as CEO of a listed oil and gas producer, with the same for Ms ONeill. 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. Mr Nunans appointment as her replacement was confirmed a day after Shells Queensland Gas Company (QGC) business celebrated the export of the 500th cargo LNG from its plant on Curtis Island. Ms Yujnovich said on Friday that Australia was central to Shells LNG business and for its plans to move into providing cleaner energy. Climate change and energy transition. The remaining 30% is linked to the comparative performance condition. In 2021, we continued to support our people and assist in the fight against COVID-19. Both appointments are effective 25th October 2021. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. This Report presents the Consolidated Financial Statements of Shell (page 228), the Parent Company . West Australian Newspapers Limited 2023, From broken home to using hallucinogens, Harry tells all, Widely distributed power sources depend on smart meters, Sunrise gas project a conundrum for Albanese and activists, The real truth behind super tax firestorm. Donny was previously General Counsel for Projects & Technology, based in the Netherlands. 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 We believe that by achieving this ambition, we will contribute to a better and more equal world. This was a one-off share award granted to all eligible employees of Shell on June 18, 2021. On January 1, 2020, Huibert succeeded John Abbott as Downstream Director and was appointed to the Executive Committee. But the things I don't know about are blind spots that have the potential to really create concern. 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. On October 25, 2021, Wael succeeded Maarten Wetselaar as Integrated Gas, Renewables and EnergySolutions Director. As of December 31, 2021, the proportion of women in senior leadership positions was 29.5% (this value includes leavers still in the HR System). Zoe Yujnovich joined Shell in 2014 as Vice President Oil Sands Joint Venture, based in Calgary, Alberta. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. We promote equal opportunity and create an environment where people feel included, regardless of sexual orientation or gender identity. Some information may no longer be current. 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. Dutchman Huibert Vigeveno heads Shells refining operations, which have been making money hand over fist amid record refining margins. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. Itprovides insights into employees views and has had a consistently highresponse rate. Sponsorship played a very important for my career. She has led Shell Australia for the past three years and in that time the company commissioned the $US10 billion ($14.8 billion) Prelude floating LNG facility. The 19% of our workforce who have not provided data or have chosen not to declare their ethnicity were not included in our calculations. 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These options are normally exercisable after completion of a three-year orfive-year contractual savings period. 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. Now, I actually really value listening to others before I speak. Breaking news, sport, business and more. Shell is Woodside's biggest partner in the Browse project and both Woodside and Shell are facing pressure from the Morrison government to proceed. For 2020, 11.25% of the award was linked to the FCF measure and 5% was linked to an energy transition measure. Zoe's career began in Australia with front line work in a number of mining roles. Looking back now, I certainly didn't have that in university. Two of our LGBT+ colleagues were featured in the OUTstanding 2021 LGBT+ Future Leaders List. 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. We are part ofBlack Representation in Marketing (BRiM), a UK initiative to improve the representation of black people in marketing. Before that, John Akehurst joined from Woodsides then cornerstone shareholder Shell, initially seconded into the Australian company before taking over as CEO two years later from Charles Allen, who was in the role for 16 years. Externally, in the USA, wework closely with the civil rights organisation National Urban League. We are working to address racial inequity. While balancing cash-generating fossil fuels and emissions wont get any easier, Sawan looks the best placed to try. Zoe Yujnovich, the current director of upstream, will head up a new directorate that combines the Integrated Gas and Upstream businesses. He previously served as Shells UK Country Chair. Our CEO Ben van Beurden is a Catalyst CEO Champion for Change. 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. Shell belongs totheBusiness Disability Forum. 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. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias. As a woman in a male-dominated sector, I've had a very positive experience. We also provided resources for our employees under the Care-for-Self programme. 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. Shell shares were trading at 26.8 euros as of 1000 GMT on Sept. 2, up 1.7%. This includes incorporating results from relevant internal audits, reviews and investigations, and periodically commissioning external reviews and benchmarking. From 2021, 20% of the award is linked to the FCF measure and 20% is linked to an energy transition measure. 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. 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. Ronan previously served as EVP HR for both the Downstream and Upstream International businesses in turn. In 2021, 47% of our graduate recruits were female, compared with 49% in2020. The support has included providing access to vaccines. Gemarkeerd als interessant door Zoe Yujnovich Neem nu deel om alle activiteiten te bekijken Ervaring Shell 8 jaar 5 maanden Upstream Director Shell okt. We are creating an environment where people with disabilities can excel. 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..

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