Neste Oyj Management

Management criteria checks 2/4

Neste Oyj's CEO is Matti Lehmus, appointed in May 2022, has a tenure of less than a year. directly owns 0.002% of the company’s shares, worth €819.93K. The average tenure of the management team and the board of directors is 5.3 years and 5.8 years respectively.

Key information

Matti Lehmus

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	0.002%
Management average tenure	5.3yrs
Board average tenure	5.8yrs

Recent management updates

Recent updates

CEO

Matti Lehmus (48 yo)

less than a year

Tenure

Mr. Matti Lehmus, M.Sc. (Eng.), eMBA, is President & CEO of Neste Oyj from May 01, 2022. He had been an Executive Vice President of Renewables Platform at Neste Oyj since May 01, 2019 until May 1, 2022 and...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Matti Lehmus	President & CEO	less than a year	no data	0.0023% € 819.9k
Martti Ala-Harkonen	Chief Financial Officer	less than a year	no data	no data
Hannele Jakosuo-Jansson	Senior Vice President of Human Resources	16.8yrs	no data	0.0042% € 1.5m
Lars Lindfors	Senior Vice President of Innovation	13.8yrs	no data	0.0027% € 981.8k
Tommi Tuovila	Chief Information Officer	9.7yrs	no data	no data
Juha-Pekka Kekäläinen	Vice President of Investor Relations	11.1yrs	no data	no data
Christian Ståhlberg	General Counsel	5.3yrs	no data	0.00043% € 154.6k
Susanna Sieppi	Vice President of Communications	no data	no data	no data
Panu Kopra	Executive Vice President of Marketing & Services	6.8yrs	no data	0.0015% € 532.2k
Patrick von Essen	Managing Director of Engineering Solutions	3.9yrs	no data	no data
Carl Nyberg	Executive Vice President of Renewables Platform	3.8yrs	no data	0.00076% € 273.3k
Thorsten Lange	Executive Vice President of Renewable Aviation Business Unit	2.8yrs	no data	no data

5.3yrs

Average Tenure

56.5yo

Average Age

Experienced Management: NEF's management team is seasoned and experienced (5.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Matti Kahkonen	Independent Chairman of the Board	5.8yrs	€80.50k	0.0016% € 575.4k
Jari Rosendal	Independent Non-Executive Director	4.8yrs	€47.10k	no data
Martina Floel	Independent Non-Executive Director	5.8yrs	€53.10k	no data
Marco Wiren	Independent Vice Chairman	7.8yrs	€63.40k	0.00039% € 140.3k
Anne Kalmari	Chairman of Stakeholder Advisory Panel	no data	no data	no data
Timo Harakka	Vice Chairman of Stakeholder Advisory Panel	no data	no data	no data
Pekka Haavisto	Member of Stakeholder Advisory Panel	no data	no data	no data
Teuvo Hakkarainen	Member of Stakeholder Advisory Panel	no data	no data	no data
Harri Jaskari	Member of Stakeholder Advisory Panel	no data	no data	no data
Sanna Lauslahti	Member of Stakeholder Advisory Panel	no data	no data	no data
Mauri Pekkarinen	Member of Stakeholder Advisory Panel	no data	no data	no data
Veera Ruoho	Member of Stakeholder Advisory Panel	no data	no data	no data

5.8yrs

Average Tenure

59.5yo

Average Age

Experienced Board: NEF's board of directors are considered experienced (5.8 years average tenure).

Neste Oyj Management

Management criteria checks 2/4

Key information

Recent management updates

Neste Corporation Appoints Heikki Malinen as President, as of 2 November 2024

Neste Corporation Announces Resignation of Matti Lehmus as President

Neste Announces Committees Election

Neste Oyj Approves Board Appointments

Neste Corporation Announces Kimmo Viertola Not to Stand for Re-Election as Board Member

Neste Corporation Announces Appointment of Shareholders Nomination Board

Recent updates

Neste Corporation Appoints Heikki Malinen as President, as of 2 November 2024

Neste Corporation Announces Resignation of Matti Lehmus as President

Neste Announces Committees Election

Neste Oyj Approves Board Appointments

Neste Oyj Proposes Dividend for the Year 2023, Payable in Two Installments on 2 April 2024 and on 9 October 2024

Neste Corporation Announces Kimmo Viertola Not to Stand for Re-Election as Board Member

Neste Oyj (HLSE:NESTE) acquired additional 29% stake in Neste Demeter B.V.

Neste Oyj Expects A Reduction of Approximately 400 Roles Globally, Predominantly in Functions, in the Renewables Business and in Development Roles

Neste Oyj to Report Fiscal Year 2023 Final Results on Feb 26, 2024

Neste Announces Second Extraordinary Dividend, Payable on 6 October 2023

Neste Corporation Announces Special Dividend, Effective September 28, 2023

Neste Oyj Updates Production Outlook for Third-Quarter 2023

Neste Corporation Announces Appointment of Shareholders Nomination Board

Neste Corporation Announces Death of Jari Rosendal, A Member of Board of Directors

Neste Oyj Updates Dividend Policy

Neste Oyj Announces Resignation of Mercedes Alonso as Executive Vice President

Neste Oyj (HLSE:NESTE) agreed to acquire minority stake in Changi Airport Fuel Hydrant Installation Pte. Ltd.

Neste Oyj (HLSE:NESTE) acquired PetroCard, Inc.

Neste Oyj (HLSE:NESTE) acquired Used Cooking Oil Collection and Aggregation Business and Related Assets in United States from Crimson Renewable Energy Holdings LLC.

Neste Corporation Announces Change in Composition of Nomination Board

Neste Corporation Appoints Katja Wodjereck as Executive Vice President, Renewable Road Transportation and A Member of the Executive Committee, Effective 1 April 2023

Neste Oyj (HLSE:NESTE) agreed to acquire Used Cooking Oil Collection and Aggregation Business and Related Assets in United States of Crimson Renewable Energy Holdings LLC.

Neste Oyj to Report Nine Months, 2023 Results on Oct 26, 2023

Neste Oyj, Annual General Meeting, Mar 28, 2023

Neste Corporation Appoints Shareholders' Nomination Board

Neste Oyj (HLSE:NESTE) acquired Walco Foods Unlimited Company.

Second quarter 2022 earnings released: EPS: €0.78 (vs €0.56 in 2Q 2021)

Neste Oyj (HLSE:NESTE) agreed to acquire Walco Foods Unlimited Company.

Now 21% undervalued

Neste Appoints Chris Cooper President of Neste US

Neste Raises Its Second Quarter 2022 Outlook

Neste Oyj Appoints Timo Sallinen as Member of Nomination Board

Now 21% undervalued

First quarter 2022 earnings released: EPS: €0.83 (vs €0.49 in 1Q 2021)

Insufficient new directors

Chevron Global Energy Inc. completed the acquisition of base oils business from Neste Oyj (HLSE:NESTE).

Investor sentiment improved over the past week

Neste Corporation Announces Board Appointments

Upcoming dividend of €0.41 per share

Now 21% undervalued after recent price drop

Chevron Global Energy Inc. completed the acquisition of base oils business from Neste Oyj (HLSE:NESTE).

Chevron Global Energy Inc. completed the acquisition of base oils business from Neste Oyj (HLSE:NESTE).

Now 20% undervalued after recent price drop

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Neste Corporation Proposes Dividend for the Year 2021, Payable on 8 April 2022 and 7 October 2022

Jean-Baptiste Renard to Leave the Board of Neste Oyj

Third quarter 2021 earnings released: EPS €0.66 (vs €0.45 in 3Q 2020)

Upcoming dividend of €0.40 per share

Second quarter 2021 earnings released: EPS €0.56 (vs €0.21 in 2Q 2020)

Independent Non-Executive Director Sonat Burman-Olsson has left the company

Independent Non-Executive Director Sonat Burman-Olsson has left the company

Independent Non-Executive Director Sonat Burman-Olsson has left the company

First quarter 2021 earnings released: EPS €0.49 (vs €0.26 in 1Q 2020)

Upcoming dividend of €0.40 per share

Full year 2020 earnings released: EPS €0.93 (vs €2.33 in FY 2019)

Neste Oyj (HLSE:NESTE) completed the acquisition of refinery plant located in Rotterdam, the Netherlands from Bunge Loders Croklaan B.V.

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age