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Neste Oyj (NESTE.HE)

NESTE.HE on Helsinki Stock Exchange

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16 Aug 2019
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Summary

Name Age Since Current Position

Matti Kahkonen

63 2018 Independent Chairman of the Board

Peter Vanacker

52 2018 President and Chief Executive Officer, Chair of the Executive Committee

Marco Wiren

53 2019 Independent Vice Chairman of the Board

Jyrki Maki-Kala

58 2019 Chief Financial Officer, Strategy and IT; Member of the Executive Committee

Panu Kopra

47 2017 Executive Vice President, Marketing & Services; Member of the Executive Committee

Matti Lehmus

45 2019 Executive Vice President, Renewables Platform; Member of the Executive Committee

Carl Nyberg

40 2019 Executive Vice President, Renewable Road Transportation; Member of the Executive Committee

Marko Pekkola

2019 Executive Vice President, Oil Products; Member of the Executive Committee

Hannele Jakosuo-Jansson

53 2019 Senior Vice President, Human Resources, Procurement and Safety; Member of the Executive Committee

Simo Honkanen

61 2019 Senior Vice President, Sustainability, Public Affairs and Communications; Member of the Executive Committee

Lars Lindfors

55 2019 Senior Vice President, Innovation; Member of the Executive Committee

Christian Stahlberg

45 2017 General Counsel, Member of the Executive Committee

Sonat Burman-Olsson

61 2019 Director

Jari Rosendal

54 2018 Director

Elizabeth Burghout

65 2018 Independent Director

Martina Floel

59 2017 Independent Director

Jean-Baptiste Renard

58 2014 Independent Director

Willem Schoeber

71 2013 Independent Director

Biographies

Name Description

Matti Kahkonen

Mr. Matti Kahkonen has been Independent Chairman of the Board at Neste Corporation since April 5, 2018. He has previously been Independent Vice Chairman of the Board since April 5, 2017. He has been Senior Advisor, Metso Corporation since 2017. He was President and CEO, Metso Corporation 2011–2017; Executive Vice President and Deputy to the CEO, Metso Corporation 2010–2011; President, Mining and Construction Technology, Metso Corporation 2008–2011; President, Metso Minerals 2006–2008; President, Metso Automation 2001–2006. President, Metso Automation, Field Systems Division 1999–2001. Prior to year 1999, he held various managerial and development positions in Neles-Jamesbury and Rauma-Repola. Mr. Kahkonen also holds various positions of trust. He is board member of The Research Institute of the Finnish Economy (EVA/ETLA), Chair of the TT fund of the Confederation of Finnish Industries, and Chair of the super advisory board of the Ilmarinen Mutual Pension Insurance Company, among others. He is Chair of Neste’s Personnel and Remuneration Committee. He is also Member of the Nomination Board. He holds Master of Science degree in Engineering.

Peter Vanacker

Mr. Peter Vanacker has been appointed President and Chief Executive Officer, Chair of the Executive Committee (previously Executive Board) at Neste Corporation, effective as of November 1, 2018. He holds Master of Science in Chemical Engineering, Polymers Engineering. He previously served as CEO of the CABB Group GmbH 2015–2018 as well as CEO of the Treofan Group GmbH 2012–2015. He worked as Executive Vice President and Member of the Executive Board of Bayer MaterialScience (today Covestro AG) 2003–2012 with responsibility for the global Polyurethanes business and as Chief Marketing and Innovation Officer. Before that had several directorial and managerial positions in Belgium, Brazil, US and Germany at Bayer since 1990.

Marco Wiren

Mr. Marco Wiren has been Independent Vice Chairman of the Board of Neste Corporation since April 2, 2019. He has been Independent Director of Neste Corporation since April 1, 2015. He is Chair of the Company’s Audit Committee. He holds Master of Science degree in Economics. He has been President, Wartsila Energy & Executive Vice President, Wartsila Corporation since October 2018. Previously, he was Executive Vice President and Chief Financial Officer of Wartsila Corporation 2013-2018. Previously, he served at SSAB as Executive Vice President and CFO 2008-2013; Vice President Business control 2007-2008; and at Eltel Networks as CFO and VP Business Development 2002-2007; and at NCC as VP Business Development and Group Controller 1995-2001. He has been Member of the Board of Management of Wartsila Corporation since 2013.

Jyrki Maki-Kala

Mr. Jyrki Maki-Kala has been appointed Chief Financial Officer, Strategy and IT and Member of the Executive Committee at Neste Oyj, effective as of May 1, 2019. He has previously been Chief Financial Officer (CFO) and Member of the Executive Committee (previously Executive Board) of Neste Oyj since May 6, 2013. He joined the Company in 2013 from Kemira, where he was CFO and Deputy Chief Executive Officer and has served in various business and corporate financial positions from 2005 to 2013. He worked for Finnish Chemicals between 1988 and 2005. He is Member of the Supervisory Board of Ilmarinen Mutual Pension Insurance Company and Member of the Board of Nynas AB. He holds Master of Science degree in Economics.

Panu Kopra

Mr. Panu Kopra has been Executive Vice President, Marketing & Services and Member of the Executive Committee (previously Executive Board) at Neste Corporation since February 7, 2017. He has previously been Executive Vice President, Oil Retail and Member of the Executive Board of the Company since May 1, 2016. He joined the company in 1996. He is responsible for Marketing & Services Business Area. Previously, he served as Vice President in Oil Retail Sales in Finland and Baltic Rim (2014–2015), Vice President in Oil Retail Russia and Baltic Rim (2010–2014), General Manager in St. Petersburg Russia (2009), Business Development Manager in Renewable Products (2007– 2008), Sales Director (2006), General Manager in Latvia (2003–2005) and in several other positions in the company. Mr. Kopra has solid experience in different tasks of the business area. He holds Bachelor of Business Administration and Master of Business Administration degree.

Matti Lehmus

Mr. Matti Lehmus has been appointed Executive Vice President, Renewables Platform and Member of the Executive Committee at Neste Corporation, effective as of May 1, 2019. He has previously been Executive Vice President, Oil Products and Member of the Executive Committee (previously Executive Board) at Neste Corporation since June 16, 2014. He has previously been Executive Vice President, Oil Products and Renewables at the Company since 2011. Additionally, since 2009, he has occupied the post of and Member of the Executive Board of the Company. He joined the Company in 1997. He previously served as Executive Vice President of the Oil Products business area from 2009 until 2010, as Vice President of the Base Oils Business in the Specialty Products Division from 2007 to 2009, as Vice President in the Oil Refining Business Development in 2007, and as Gasoline Exports and Trading Manager from 2004 until 2007 in the Oil Refining Division. He acts as Chair of the Board of Directors of Chemical Industry Federation of Finland and Member of the Confederation of Finnish Industries. Mr. Lehmus holds Master of Science degree in Engineering and Executive Master of Business Administration degree.

Carl Nyberg

Mr. Carl Nyberg has been appointed Executive Vice President, Renewable Road Transportation and Member of the Executive Committee at Neste Corporation effective as of May 1, 2019. He no longer serves as Acting Executive Vice President, Renewable Products and Member of the Executive Committee of the Company effective as of May 1, 2019. He has held the position since February 19, 2019. He joined the Company in 2005. He served in various positions at Neste, most recently as Vice President of Sales Scandinavia of the Renewable Products business area 2016?2019 and Vice President, Supply, Oil Products at Neste Geneva 2014?2016. He is Member of the Board of SPBI (Swedish Petroleum and Biofuels Institute). He holds M.Sc. Economics and Business Administration.

Marko Pekkola

Mr. Marko Pekkola has been appointed Executive Vice President, Oil Products and Member of the Executive Committee at Neste Corporation effective as of May 1, 2019. He has recently been Vice President of Production in Neste’s Oil Products business area.

Hannele Jakosuo-Jansson

Ms. Hannele Jakosuo-Jansson has been appointed Senior Vice President, Human Resources, Procurement and Safety and Member of the Executive Committee at Neste Corporation, effective as of May 1, 2019. She has previously been Senior Vice President, Human Resources and Safety at Neste Oyj. Additionally, since 2006, she has occupied the post of Member of the Executive Committee (previously Executive Board) of the Company. She has been employed at the Company since 1990. She previously worked as Laboratory and Research Manager at the Technology Center from 1998 to 2004, and as Vice President of Human Resources at Oil Refining from 2004 to 2005. She is Member of the Board at Ahlstrom-Munksjo, Neste Engineering Solutions (NES), Nynas, and LUKE (Natural Resources Institute Finland). She holds Master of Science degree in Engineering.

Simo Honkanen

Mr. Simo Honkanen has been appointed Senior Vice President, Sustainability, Public Affairs and Communications and Member of the Executive Committee at Neste Corporation, effective as of May 1, 2019. He has previously been Senior Vice President, Sustainability and Public Affairs at Neste Oyj. Additionally, since 2009, he has occupied the post of Member of the Executive Committee (previously Executive Board) of the Company. He joined the Company in 2006. He was previously Vice President of Marketing, Raw Material Procurement, and Stakeholder Relations in the Renewable Fuels Division from 2008 to 2009 and as Vice President of New Ventures in the Components Division from 2006 to 2007. Prior to that, he acted as Strategy Director at Shell Finland, Marketing Director of Retail at Shell Benelux and France, and held several other managerial positions within Sweden and Finland between 1985 and 2005. He is Member of the Board of the Smart & Clean Foundation and Maj and Tor Nessling Foundation. Mr. Honkanen holds Master of Science degree in Economics.

Lars Lindfors

Mr. Lars Peter Lindfors has been appointed Senior Vice President, Innovation and Member of the Executive Committee at Neste Corporation, effective as of May 1, 2019. He has previously been Senior Vice President, Technology at Neste Oyj since July 1, 2012. Additionally, since 2009, he has occupied the post of Member of the Executive Committee (previously Executive Board) of the Company. He has been employed by the Company since 2007. He has been responsible for Research and Development, Information Technology, Procurement and Business Processes. Previously, he was Senior Vice President, Technology and Strategy at the Company between 2009 and July 1, 2012. He served as Vice President for the Company’s Research and Technology unit from 2007 to 2009, as well as Executive Vice President of Renewal and Development at Perstorp Group from 2004 to 2007, as Executive Vice President, R&T&D at Perstorp from 2001 to 2004, and as Research and Development Manager and held various positions at Neste from 1989 to 2001. He is Member of the Boards of the Fortum Foundation and Finnish Foundation for Technology Promotion, Svenska Tekniska Vetenskapsakademin, Treesearch and Neste Eneineering Solutions. Mr. Lars Peter Lindfors holds a Doctorate of Philosophy degree in Technology and a Master of Business Administration degree.

Christian Stahlberg

Mr. Christian Stahlberg has been appointed General Counsel and Member of the Executive Committee (previously Executive Board) at Neste Corporation, effective as of May 22, 2017. He is responsible for the Group’s legal affairs. He is also Secretary to the Neste Executive Board, the Board of Directors, the Audit Committee, the Shareholders’ Nomination Board and to the Stakeholder Advisory Panel. He served previously as General Counsel of Rettig Group Ltd 2015–2017, Director, Legal in Pohjola Bank plc 2011–2014, Senior Legal Counsel in Neste Oil Corporation 2007–2011 and Senior Associate in Roschier Attorneys Ltd 1998–2007. He holds Master of Laws degree.

Sonat Burman-Olsson

Jari Rosendal

Mr. Jari Rosendal has been Director of Neste Corporation since April 5, 2018. He has been President and CEO at Kemira since 2014. He held various President and directorial positions, including as Member of the Executive Board, at Outotec Oyj in 2003–2014. He also held various managerial and expert positions in the Outokumpu’s Technology Group in Finland and the United States 1989–2003. He was Member of the Board of Directors and Audit Committee, Uponor Oyj, 2012–2018. He has been Member of the Board of Directors since 2015 and Chairman of the Board of Directors, Chemical Industry Federation of Finland, 2017–2018. He has been Member of the Board of Directors, CEFIC, since 2014; Member of the Board of Directors, Confederation of Finnish Industries (EK), 2017–2018; Member of the Board of Directors since 2011 and Chairman of the Board of Directors, Finnish Association of Mining and Metallurgical Engineers since 2017. He is Member of Neste’s Personnel and Remuneration Committee.

Elizabeth Burghout

Ms. Elizabeth (Elly) Burghout has been Independent Director at Neste Corporation since April 5, 2018. She holds BSc, Chemical Engineering. She was Senior Director of Global Technology and Innovation, Specialties at Sabic in 2016–2017; held various General Manager positions at Sabic in 2007–2016; various managerial positions at GE Plastics in 1996–2007. Prior to year 1996, she held various managerial and specialist positions in different organizations. She was Member of the Board of Sabic Petrochemicals BV, 2010–2014 and Member of the Board of Sabic Fibre Reinforced Thermoplastics, 2014–2017. She is Member of Neste’s Personnel and Remuneration Committee.

Martina Floel

Dr. Martina Floel has been Independent Director at Neste Corporation since April 5, 2017. She was CEO of Oxea 2007–2016; Managing Director and EVP, Europe of European Oxo in 2003–2007; Vice President Oxo Chemicals, Celanese Chemicals 2000–2003; Plant Manager Bohlen, Celanese Chemicals 1998–2000. Prior to year 1998, she held various managerial and directorial positions in the Hoechst Group. She has been Independent Member of the Sasol Board of Directors since 2018. She is Member of Neste’s Audit Committee. She holds M.Sc. (Chemistry), PhD (Chemistry).

Jean-Baptiste Renard

Mr. Jean-Baptiste Renard has been Independent Director of Neste Corporation since April 3, 2014. He is Member of the Personnel and Remuneration Committee of the Company. He holds Master of Science degree in Engineering and an engineering diploma in Petroleum Economics from the French Petroleum Institute (IFP). He is Founder and CEO of 2PR Consulting and independent energy expert and consultant. He held several positions at BP 1986–2010 and was Regional Group Vice President for Europe and Southern Africa BP Plc 2006-2010, Group Vice President, Business Marketing and New Markets, and member of Downstream Executive Committee BP Plc 2003-2006. He is Non-Executive Director of Masana Petroleum Solutions, IFP Training, CLH, pro bono consulting for social entrepreneurs as well as Supervisory Board Member of Entreprendre&+, Advisory Board Member of IFP School.

Willem Schoeber

Dr. Willem Schoeber has been Independent Member of the Board of Directors of Neste Corporation since April 4, 2013. He also serves as Member of the Company’s Audit Committee. He is Independent Business Consultant. Mr. Schoeber is former Chair of the Boards of Directors of EWE Turkey Holding AS, Bursagaz AS and Kayserigaz AS (2010-2015). He was also Member of the Management Board of EWE AG, responsible for power generation and international business (2010-2013). In the past, he chaired the Management Board at swb AG (2007-2011), and held several positions at Royal Dutch Shell Group of companies (1977-2007). He is Member of the Supervisory Board of Gasunie N.V. since 2013 and Member of the Board of Directors of Societatea Energetica Electrica S.A. since 2016. He holds Doctorate degree in Chemical Engineering.