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Neste Oyj (NESTE.HE)

NESTE.HE on Helsinki Stock Exchange

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23 May 2018
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Summary

Name Age Since Current Position

Matti Kahkonen

62 2018 Independent Chairman of the Board

Matti Lievonen

60 2008 President, Chief Executive Officer, Chairman of the Executive Board

Laura Raitio

56 2018 Independent Vice Chairman

Jyrki Maki-Kala

57 2016 Chief Financial Officer, Member of the Executive Board

Panu Kopra

46 2017 Executive Vice President, Marketing & Services; Member of the Executive Board

Kaisa Hietala

47 2014 Executive Vice President, Renewable Products; Member of the Executive Board

Matti Lehmus

44 2014 Executive Vice President, Oil Products; Member of the Executive Board

Lars Lindfors

54 2012 Senior Vice President, Technology; Member of the Executive Board

Hannele Jakosuo-Jansson

52 Senior Vice President, Human Resources; Member of the Executive Board

Simo Honkanen

60 Senior Vice President, Sustainability and Public Affairs; Member of the Executive Board

Tuomas Hyyrylainen

41 2016 Senior Vice President, Emerging Businesses Business Unit; Member of the Executive Board

Osmo Kammonen

59 Senior Vice President, Communications and Brand Marketing; Member of the Executive Board

Christian Stahlberg

44 2017 General Counsel, Member of the Executive Board

Elizabeth Burghout

2018 Director

Jari Rosendal

53 2018 Director

Martina Floel

58 2017 Independent Director

Jean-Baptiste Renard

57 2014 Independent Director

Willem Schoeber

70 2013 Independent Director

Marco Wiren

52 2015 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, Chair of the advisory board of the Tampere University of Technology, 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 holds Master of Science degree in Engineering.

Matti Lievonen

Mr. Matti Lievonen no longer serves as President and Chief Executive Officer, Chairman of the Executive Board at Neste Oyj, effective as of October 31, 2018. He has held the position since December 1, 2008. Previously, he acted as President of the Fine and Speciality Papers Division at UPM-Kymmene Corporation, and held a number of other senior positions at the company between 1986 and 2008, and he also worked for ABB earlier. He was Member of the UPM-Kymmene’s Executive Board between 2002 and 2008. He currently acts as Member of the Board of Directors at the Chemical Industry Federation of Finland, SSAB AB and the European Business leaders’ Convention, as well as Vice Chairman of the Board of Fortum and Nynas AB, Member of the Advisory Board of National Emergency Supply Agency and East Office of Finnish Industries Oy, as well as Member of the Finnish Business and Policy Forum EVA and the Supervisory Board of The Finnish Fair Corporation. Mr. Lievonen holds a Bachelor of Science degree in Engineering and an Executive Master of Business Administration degree as well as honorary Doctorate of Science degree in Technology.

Laura Raitio

Ms. Laura Raitio has been Independent Vice Chairman of the Board of Directors at Neste Corporation since April 5, 2018. She has been Independent Director since 2011. She is also Member of the Company Personnel and Remuneration Committee. She was CEO of Diacor Medical Services 2014-2017. In her professional career, she acted as Executive Vice President, Building and Energy (2009-2014) and Member of the Executive Management Team (2006-2014) at Ahlstrom Corporation. She was Ahlstrom’s Senior Vice President, Marketing (sales network, human resources, communications and marketing) from 2006 until 2008. She also served as Ahlstrom’s Vice President and General Manager for Wallpaper & Poster, Pre-impregnated Decor, Abrasive Base in Osnabruck, Germany, between 2002 and 2005. She also held the post of Managing Director of Ahlstrom Kauttua Oy, from 2001 until 2002. She held several managerial positions within Ahlstrom’s specialty paper business since 1990. She is Member of the Boards of Boardman, Raute and Suominen. Ms. Raitio holds a Master of Science degree in Chemical Engineering, as well as Licentiate in Forest Products Technology.

Jyrki Maki-Kala

Mr. Jyrki Maki-Kala has been appointed Chief Financial Officer (CFO) and Member of the Executive Board of Neste Oyj, effective as of 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. 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 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.

Kaisa Hietala

Ms. Kaisa Hietala has been Executive Vice President, Renewable Products and Member of the Executive Board at Neste Corporation since June 16, 2014. She holds Master of Science degree in Physics and Master of Philosophy degree in Environmental Sciences. She joined the Company in 1998. She is responsible for the Renewable Products business area. She served in several positions at Neste, most recently as Vice President of the Renewable Fuels business (2011-2014), Vice President of Supply in Singapore (2009-2011), Commercial Director in Singapore (2008-2011), and Feedstock Manager in the Renewable Fuels Business operations (2006-2008). She is Member of the Board of Kemira Oyj.

Matti Lehmus

Mr. Matti Lehmus has served as Executive Vice President, Oil Products and Member of the 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 the Finnish Petroleum & Biofuels Association. Mr. Lehmus holds Master of Science degree in Engineering and Executive Master of Business Administration degree.

Lars Lindfors

Mr. Lars Peter Lindfors has served as Senior Vice President, Technology at Neste Oyj since July 1, 2012. Additionally, since 2009, he has occupied the post of Member of the Executive Board of the Company. He has been employed by the Company since 2007. He is responsible for Research and Development, Investment Management, 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. Mr. Lars Peter Lindfors holds a Doctorate of Philosophy degree in Technology and a Master of Business Administration degree.

Hannele Jakosuo-Jansson

Ms. Hannele Jakosuo-Jansson serves as Senior Vice President, Human Resources and Safety at Neste Oyj. Additionally, since 2006, she has occupied the post of Member of the 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. She holds a Master of Science degree in Engineering.

Simo Honkanen

Mr. Simo Honkanen serves as Senior Vice President, Sustainability and Public Affairs at Neste Oyj. Additionally, since 2009, he has occupied the post of Member of the 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 Man and Tor Nessling Foundation. Mr. Honkanen holds a Master of Science degree in Economics.

Tuomas Hyyrylainen

Mr. Tuomas Hyyrylainen has been Senior Vice President, Emerging Businesses Business Unit and Member of the Executive Board at Neste Corporation (previously Neste Oil Oyj) since September 14, 2016. He was Senior Vice President, Strategy and New Ventures, market intelligence and M&A operations as well as Member of the Executive Board of the Company from 2014 until September 14, 2016. He served as Senior Vice President, Strategy and Member of the Executive Board from July 1, 2012 until 2014. He joined the Company from F-Secure Corporation, where he has been Vice President, Strategy. Prior to that, he headed strategy at Nokia Devices at Nokia Corporation and served in various strategy- and business development-related positions at Nokia’s Devices unit and VDSL Systems. He is Member of the Board of Nynas AB and Vapo Oy. He holds Master of Science degree in Economics.

Osmo Kammonen

Mr. Osmo Kammonen serves as Senior Vice President, Communications and Brand Marketing at Neste Oyj. Additionally, since 2004, he has occupied the post of Member of the Executive Board of the Company. He has been employed by the Company since 2004. He previously worked as Senior Vice President of Corporate Communications and Investor Relations, and Communications Manager within various companies in the Electronics, Engineering, Construction Materials, and Forest Products industries. Mr. Kammonen holds Master of Science degree in Laws.

Christian Stahlberg

Mr. Christian Stahlberg has been appointed General Counsel and Member of the 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.

Elizabeth Burghout

Jari Rosendal

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 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, as well as Supervisory Board Member of Entreprendre&+, Advisory Board Member of IFP School; pro bono consulting for social entrepreneurs.

Willem Schoeber

Dr. Willem Schoeber has been Independent Member of the Board of Directors of Neste Corp 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.

Marco Wiren

Mr. Marco Wiren 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 Executive Vice President and Chief Financial Officer of Wartsila Corporation since 2013. 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.