Shell announces changes to Executive Committee

Shell plc is reducing the size of its Executive Committee (EC) from nine to seven members to simplify the organisation further and improve performance to deliver on its Powering Progress strategy.

Under the changes, which are planned to take effect on July 1, 2023, Shell’s Integrated Gas and Upstream businesses will be combined to form a new Integrated Gas and Upstream Directorate led by current Upstream Director Zoe Yujnovich. The Downstream business will be combined with Renewables & Energy Solutions to form a new Downstream and Renewables Directorate led by current Downstream Director Huibert Vigeveno.

The changes do not affect Shell’s financial reporting segments, which remain Integrated Gas, Upstream, Marketing, Chemicals and Products, Renewables and Energy Solutions, and Corporate.

The Strategy, Sustainability and Corporate Relations (SSCR) Directorate will be discontinued and its director, Ed Daniels, will step down from the Executive Committee on July 1, 2023, and leave the Shell Group thereafter. Strategy will be brought together with New Business Development and, alongside Sustainability, will report directly to Sinead Gorman, chief financial officer. Corporate Relations will report directly to Shell Chief Executive Officer Wael Sawan. 

“I’m making these changes as part of Shell’s natural, and continuous, evolution. Our core purpose is to provide energy to our customers, safely and profitably, while helping them, and us, to decarbonise. I believe that fewer interfaces mean greater co-operation, discipline and speed, enabling us to focus on strengthening performance across the businesses and generating strong returns for our investors,” said Sawan.

“Shell is a great company and we’re changing to ensure we become a great investment too. Simplifying how the organisation works, in pursuit of higher performance, is critical to achieving that.”

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