Shell announces Executive Committee changes
WEBWIRE – Wednesday, March 22, 2023
After 33 years of service with Shell, Harry Brekelmans will step down from his role as Projects & Technology Director, a position he has held for almost nine years, effective 30 June 2023. Robin Mooldijk, currently Executive Vice President (EVP) Chemicals & Products, will be appointed Projects & Technology Director, effective 1 July 2023.
And following more than 33 years of service with Shell, Donny Ching will step down from his role as Legal Director, a position he has held for just over nine years, effective 30 June 2023. Philippa Bounds, currently General Counsel, Trading & Supply, will be appointed Legal Director, effective 1 July 2023.
Shell CEO Wael Sawan said: Harry and Donny have both had long and distinguished careers in Shell, and I wish them all the best for the future.
Harry was instrumental in improving project and well delivery in Shell, and in developing Shells sustainability and carbon ambitions. He launched the Technology Centre in Bangalore, transformed its equivalent in Amsterdam, and has been a powerful advocate for safety, technology and innovation across the company.
Donnys commitment to the highest standards of transparency on ethics and compliance has been outstanding, as has his work on many important legal cases involving Shell. Hes a true champion of our people, of DE&I, and of developing talent across the globe he has helped to make Shell a truly better place to work.
Id like to welcome Robin and Philippa to the Executive Committee. They have important roles to play as we build our new top team to deliver our Powering Progress strategy through providing the energy the world needs, now and in the future, purposefully and profitably.
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Notes
Harry Brekelmans joined Shell in 1990 and has held various leadership positions in Exploration and Production, Internal Audit, and Group Strategy and Planning. From 2011 to 2013, he was Country Chair Russia and EVP for Russia and the Caspian region. Before becoming P&T Director in late 2014, he was EVP for Upstream International Operated, based in the Netherlands.
Donny Ching joined Shell Australia in 1989, moving to Hong Kong and later to London. He was appointed Head of Legal for Shell Singapore in 2008, having earlier moved there as Associate General Counsel for Gas & Power in Asia-Pacific. Prior to becoming Legal Director, he was General Counsel for Projects & Technology, based in the Netherlands.
Robin Mooldijk began his career with Shell in 1991 in the Koninklijke Shell Laboratory Amsterdam and has held a range of key leadership roles in Chemicals and Refining, Manufacturing and Supply, in the Netherlands, South Africa and USA. He is currently EVP Chemicals and Products. Robin is a Dutch national and in his new role will continue to be based in The Hague, Netherlands.
Philippa Bounds began her career in 1996 in private practice (Shearman & Sterling, Simmons & Simmons). She joined Shell in 2005 and has held key Legal roles in Gas and Power, Global Procurement and Information Technology, Integrated Gas and Trading and Supply in The Netherlands, the UK and Singapore. Philippa, a British national, is currently General Counsel for Shells Trading and Supply businesses, and in her new role will continue to be based in London, UK.
Cautionary note
The companies in which Shell plc directly and indirectly owns investments are separate legal entities. In this announcement Shell, Shell Group and Group are sometimes used for convenience where references are made to Shell plc and its subsidiaries in general. Likewise, the words we, us and our are also used to refer to Shell plc and its subsidiaries in general or to those who work for them. These terms are also used where no useful purpose is served by identifying the particular entity or entities. Subsidiaries, Shell subsidiaries and Shell companies as used in this announcement refer to entities over which Shell plc either directly or indirectly has control. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as joint ventures and joint operations, respectively. Joint ventures and joint operations are collectively referred to as joint arrangements. Entities over which Shell has significant influence but neither control nor joint control are referred to as associates. The term Shell interest is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in an entity or unincorporated joint arrangement, after exclusion of all third-party interest.
Forward-Looking Statements
This announcement contains forward-looking statements (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on managements current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Shell to market risks and statements expressing managements expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as aim, ambition, anticipate, believe, could, estimate, expect, goals, intend, may, milestones, objectives, outlook, plan, probably, project, risks, schedule, seek, should, target, will and similar terms and phrases. There are a number of factors that could affect the future operations of Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this announcement, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shells products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, judicial, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; (m) risks associated with the impact of pandemics, such as the COVID-19 (coronavirus) outbreak; and (n) changes in trading conditions. No assurance is provided that future dividend payments will match or exceed previous dividend payments. All forward-looking statements contained in this announcement are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional risk factors that may affect future results are contained in Shell plcs Form 20-F for the year ended December 31, 2022 (available atwww.shell.com/investorandwww.sec.gov).These risk factors also expressly qualify all forward-looking statements contained in this announcement and should be considered by the reader. Each forward-looking statement speaks only as of the date of this announcement, 21 March 2023. Neither Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this announcement.
Shells net carbon intensity
Also, in this announcement we may refer to Shells Net Carbon Intensity, which include Shells carbon emissions from the production of our energy products, our suppliers carbon emissions in supplying energy for that production and our customers carbon emissions associated with their use of the energy products we sell. Shell only controls its own emissions. The use of the term Shells Net Carbon Intensity is for convenience only and not intended to suggest these emissions are those of Shell plc or its subsidiaries.
Shells net-Zero Emissions Target
Shells operating plan, outlook and budgets are forecasted for a ten-year period and are updated every year. They reflect the current economic environment and what we can reasonably expect to see over the next ten years. Accordingly, they reflect our Scope 1, Scope 2 and Net Carbon Intensity (NCI) targets over the next ten years. However, Shells operating plans cannot reflect our 2050 net-zero emissions target and 2035 NCI target, as these targets are currently outside our planning period. In the future, as society moves towards net-zero emissions, we expect Shells operating plans to reflect this movement. However, if society is not net zero in 2050, as of today, there would be significant risk that Shell may not meet this target.
Forward Looking Non-GAAP measures
This announcement may contain certain forward-looking non-GAAP measures such as cash capital expenditure and divestments. We are unable to provide a reconciliation of these forward-looking Non-GAAP measures to the most comparable GAAP financial measures because certain information needed to reconcile those Non-GAAP measures to the most comparable GAAP financial measures is dependent on future events some of which are outside the control of Shell, such as oil and gas prices, interest rates and exchange rates. Moreover, estimating such GAAP measures with the required precision necessary to provide a meaningful reconciliation is extremely difficult and could not be accomplished without unreasonable effort. Non-GAAP measures in respect of future periods which cannot be reconciled to the most comparable GAAP financial measure are calculated in a manner which is consistent with the accounting policies applied in Shell plcs consolidated financial statements.
The contents of websites referred to in this announcement do not form part of this announcement.
We may have used certain terms, such as resources, in this announcement that the United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC websitewww.sec.gov
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(available at www.shell.com/investor and www.sec.gov). These risk factors also expressly qualify all forward-looking statements contained in this press release and should be considered by the reader. Each forward-looking statement speaks only as of the date of this press release, September 1, 2022. Neither Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this press release.
Shells net carbon footprint
Also, in this press release we may refer to Shells Net Carbon Footprint or Net Carbon Intensity, which include Shells carbon emissions from the production of our energy products, our suppliers carbon emissions in supplying energy for that production and our customers carbon emissions associated with their use of the energy products we sell. Shell only controls its own emissions. The use of the term Shells Net Carbon Footprint or Net Carbon Intensity are for convenience only and not intended to suggest these emissions are those of Shell plc or its subsidiaries.
Shells net-Zero Emissions Target
Shells operating plan, outlook and budgets are forecasted for a ten-year period and are updated every year. They reflect the current economic environment and what we can reasonably expect to see over the next ten years. Accordingly, they reflect our Scope 1, Scope 2 and Net Carbon Footprint (NCF) targets over the next ten years. However, Shells operating plans cannot reflect our 2050 net-zero emissions target and 2035 NCF target, as these targets are currently outside our planning period. In the future, as society moves towards net-zero emissions, we expect Shells operating plans to reflect this movement. However, if society is not net zero in 2050, as of today, there would be significant risk that Shell may not meet this target.
Forward Looking Non-GAAP measures
This press release may contain certain forward-looking non-GAAP measures such as cash capital expenditure and divestments. We are unable to provide a reconciliation of these forward-looking Non-GAAP measures to the most comparable GAAP financial measures because certain information needed to reconcile those Non-GAAP measures to the most comparable GAAP financial measures is dependent on future events some of which are outside the control of Shell, such as oil and gas prices, interest rates and exchange rates. Moreover, estimating such GAAP measures with the required precision necessary to provide a meaningful reconciliation is extremely difficult and could not be accomplished without unreasonable effort. Non-GAAP measures in respect of future periods which cannot be reconciled to the most comparable GAAP financial measure are calculated in a manner which is consistent with the accounting policies applied in Shell plcs consolidated financial statements.
The contents of websites referred to in this press release do not form part of this press release.
We may have used certain terms, such as resources, in this press release that the United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov.
Conch Shell International Film Fest (CSIFF) is thrilled to announce CSIFF2022 Pre-Fest “Film & Chat” online series’ May event will feature three short Caribbean Diaspora films: “Instead Dread,” written and directed by Dawn Wilkinson; “Veronica,” written by Tanya Perez/directed by Reiko Aylesworth; and “Papichulo,” written & directed by Marquis Smalls. Sponsored by Filmocracy.com (https://festival.filmocracy.com/conchshelliff/), this online event takes place on Saturday, May 28, 2022 at 5pm EST. The film screenings will be followed by a moderated artist chat with Tanya Perez, Dawn Wilkinson and Marquis Smalls. The Pre-Fest Film & Chat series is hosted by Conch Shell International Film Festival (CSIFF). CSIFF celebrates films and screenplays written by artists from the Caribbean and the Caribbean Diaspora. For the second consecutive year, industry sponsor Filmocracy (https://festival.filmocracy.com/conchshelliff/) will provide an inclusive and interactive online film festival experience for filmmakers and attendees. The festival will feature short films, special screenings, workshops, networking events, masterclasses and after parties. About the Films Instant Dread – written/directed by Dawn Wilkinson Veronica – written by Tanya Perez; directed by Reiko Aylesworth Awards: Tanya Perez – Best Actress StoryMode Independent Short Film Awards; Best Screenplay OutLanta Con; Best LBGTQ+ short of Best Shorts Competition Papichulo – written/directed by Marquis Smalls Previous screenings: Premiered at the HBO NY Latino Film Festival in 2008; Urbanworld Film Festival in 2008; Inaugural International Puerto Rican Heritage Film Festival NYC 2010 (Running time: 20 minutes) Event date: Saturday, May 28, 2022 How to attend: Use promo code CSIFF2022PREFEST to get a free ticketShell to sell interest in Aera Energy to IKAV
Conch Shell Int’l. Film Fest 2022 Pre-Fest Film & Chat Celebrates Caribbean Diaspora Narratives
Conch Shell International Film Fest’ 3-Day event takes place August 26, 2022-August 28. For festival information and to order your pass go to: www.conchshelliff.com Follow us: IG & FB @Conchshelliff.
Summary
Kauri, a stylist at the Max n’ Relax Salon, dreams of a spirit who gives her a magical shell pouch. Inside, she finds a secret ingredient for her new invention. Unexpectedly, the product gives everyone instant dreadlocks and Kauri is faced with the charge of selling out her culture. (Running time: 13 minutes)
Summary
Veronica’s seemingly perfect life is thrown in to chaos when she realizes that in order to be her most authentic self, she must become someone else… literally. This dramedy about a Latinx woman grappling with an existential crisis is a brash examination of what it really means to ‘be yourself’. She seeks understanding and community and finds understandable bewilderment. Finally, a friend emerges unexpectedly from Veronica’s past, also perplexed by her circumstances but providing a touchstone to motivate her forward. (Running time: 12 minutes)
Summary
When Chulo, a young Puerto-Rican father, gets pressure from his family to give up his dreams for the reality of a “real job,” he must persevere to overcome all obstacles to achieve what he believes is rightfully his.
Time: 5pm EST/ 2pm PST/ 4pm CST
Location: Online
Get your tickets from Eventbrite https://www.eventbrite.com/e/265528792767.
Conch Shell Int’l Film Fest
Magaly Colimon-Christopher
917-776-9647
www.conchshelliff.com
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