Energy supermajor Shell is reducing the size of its executive committee from nine to seven members in a move designed to simplify the organisation and improve performance.
Zoe Yujnovich, the current director of upstream, will head up a new directorate that combines the Integrated Gas and Upstream businesses.
Huibert Vigeveno, the current downstream director, will lead a new directorate that combines Renewables & Energy Solutions with Downstream.
Ed Daniels, the current director of strategy, sustainability and corporate relations will step down from the executive effective from 1 July 2023, as that directorate is being discontinued.
"Natural, and continuous, evolution"
Strategy will be brought together with New Business Development and, alongside Sustainability, will report direct to Sinead Gorman, the chief financial officer.
Shell thanked Daniels for his service over more than 34 years and wished him well for the future.
Chief executive Wael Sawan said: “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.”
“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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