In a move to simplify the organization, Shell plc will reduce the size of its executive committee to seven members from nine and will combine the company’s integrated gas and upstream businesses units into a new unit, integrated gas and upstream directorate, to be led by current upstream director, Zoe Yujnovich. The downstream business will be combined with renewables and energy solutions to form a new downstream and renewables directorate led by current downstream director, Huibert Vigeveno.
The changes are expected to take effect on July 1, 2023, the company said in a release Jan. 30.
Separately, the strategy, sustainability, and corporate relations directorate will be discontinued and its director, Ed Daniels, will step down from the executive committee, effective July 1, 2023, and leave group service thereafter, the company said. Strategy will be combined with the new business development and, alongside sustainability, will report to Sinead Gorman, chief financial officer.
Corporate relations will report to Wael Sawan, chief executive officer.
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.