Neste Oyj Management

Management criteria checks 3/4

Neste Oyj's CEO is Heikki Malinen, appointed in Oct 2024, has a tenure of less than a year. directly owns 0% of the company’s shares, worth €27.42K. The average tenure of the management team and the board of directors is 2.1 years and 4.5 years respectively.

Key information

Heikki Malinen

Chief executive officer

€63.5k

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	0.0003%
Management average tenure	2.1yrs
Board average tenure	4.5yrs

Recent management updates

Recent updates

CEO

Heikki Malinen (62 yo)

less than a year

Tenure

€63,500

Compensation

Mr. Heikki Malinen, M.Sc (Econ.), MBA (Harvard), has been the Chief Executive Officer and President of Neste Oyj since October 15, 2024, where he responsible for Renewable Products business area. He was Ch...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Heikki Malinen	CEO & President	less than a year	€63.50k	0.00025% € 27.4k
Anssi Tammilehto	Interim CFO & VP of Investor Relations	less than a year	no data	no data
Hannele Jakosuo-Jansson	Executive Vice President of People & Culture	18.8yrs	no data	0.0051% € 557.1k
Markku Korvenranta	Executive Vice President of Oil Products Business Unit & COO	less than a year	no data	0.00027% € 29.6k
Bart Leenders	Executive Vice President of Technology & Projects	1.8yrs	no data	0.00099% € 108.6k
Tommi Tuovila	Chief Information Officer	11.7yrs	no data	no data
Christian Ståhlberg	Executive VP of Legal & General Counsel	7.3yrs	no data	0.00096% € 105.3k
Patrick von Essen	Managing Director of Engineering Solutions	5.9yrs	no data	no data
Carl Nyberg	Executive Vice President of Renewables Supply Chain & Sustainability	1.8yrs	no data	0.0016% € 176.6k
Chris Cooper	President of Neste Us	2.3yrs	no data	no data
Katariina Perkkio	VP & Group Treasury	no data	no data	no data

2.1yrs

Average Tenure

58yo

Average Age

Experienced Management: NEF's management team is considered experienced (2.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Matti Kahkonen	Independent Chairman of the Board	7.8yrs	€119.40k	0.0021% € 232.5k
Eeva Sipila	Independent Vice Chair of the Board	2.7yrs	€79.40k	0.00042% € 46.1k
Nick Elmslie	Independent Director	4.5yrs	€74.50k	0.00050% € 54.8k
Johanna Soderstrom	Independent Director	4.5yrs	€73.90k	0.00063% € 69.1k
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

4.5yrs

Average Tenure

60yo

Average Age

Experienced Board: NEF's board of directors are considered experienced (4.5 years average tenure).

Neste Oyj Management

Management criteria checks 3/4

Key information

Recent management updates

Neste Announces CFO Changes

Neste Announces Executive Changes

Neste Corporation Announces Resignation of Heikki Malinen as Member of the Board of Directors

Neste Corporation Appoints Nomination Board

Neste Corporation Announces Change in the Executive Committee

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

Recent updates

New minor risk - Share price stability

Neste Announces CFO Changes

Third quarter 2024 earnings released: EPS: €0.03 (vs €0.70 in 3Q 2023)

Upcoming dividend of €0.60 per share

Investor sentiment deteriorates as stock falls 16%

Neste Announces Executive Changes

Neste Oyj to Report Nine Months, 2025 Results on Oct 29, 2025

Second quarter 2024 earnings released: €0.19 loss per share (vs €0.34 profit in 2Q 2023)

Neste Corporation Announces Resignation of Heikki Malinen as Member of the Board of Directors

New minor risk - Share price stability

Neste Corporation Appoints Nomination Board

Investor sentiment deteriorates as stock falls 15%

Neste Corporation Announces Change in the Executive Committee

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

Neste Corporation Announces Resignation of Matti Lehmus as President

First quarter 2024 earnings released: EPS: €0.21 (vs €0.31 in 1Q 2023)

Dividend of €0.60 announced

Neste Announces Committees Election

Neste Oyj Approves Board Appointments

Upcoming dividend of €0.60 per share

Full year 2023 earnings released: EPS: €1.87 (vs €2.46 in FY 2022)

Final dividend of €0.60 announced

Investor sentiment deteriorates as stock falls 15%

Full year 2023 earnings released: EPS: €1.87 (vs €2.46 in FY 2022)

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

Third quarter 2023 earnings released: EPS: €0.70 (vs €0.18 in 3Q 2022)

New minor risk - Share price stability

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 Corporation Announces Special Dividend, Effective September 28, 2023

Upcoming dividend of €0.51 per share at 2.9% yield

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

Second quarter 2023 earnings released: EPS: €0.34 (vs €0.78 in 2Q 2022)

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.

First quarter 2023 earnings released: EPS: €0.31 (vs €0.83 in 1Q 2022)

Now 20% undervalued after recent price drop

Upcoming dividend of €0.76 per share at 2.3% yield

Now 21% undervalued after recent price drop

Full year 2022 earnings released: EPS: €2.46 (vs €2.31 in FY 2021)

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.

Insufficient new directors

Third quarter 2022 earnings released: EPS: €0.18 (vs €0.66 in 3Q 2021)

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

Neste Oyj, Annual General Meeting, Mar 28, 2023

Upcoming dividend of €0.41 per share

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.

Neste Appoints Chris Cooper President of Neste US

Neste Raises Its Second Quarter 2022 Outlook

Now 22% undervalued

Neste Oyj Appoints Timo Sallinen as Member of Nomination Board

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).

Neste Corporation Announces Board Appointments