Neste Oyj Management

Management criteria checks 1/4

Neste Oyj's CEO is Heikki Malinen, appointed in Oct 2024, has a tenure of less than a year. total yearly compensation is €327.77K, comprised of 75.5% salary and 24.5% bonuses, including company stock and options. directly owns 0% of the company’s shares, worth €18.28K. The average tenure of the management team and the board of directors is 0.6 years and 2.7 years respectively.

Key information

Heikki Malinen

Chief executive officer

€327.8k

Total compensation

CEO salary percentage75.53%
CEO tenureless than a year
CEO ownership0.0003%
Management average tenureless than a year
Board average tenure2.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Heikki Malinen's remuneration changed compared to Neste Oyj's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

-€297m

Dec 31 2024€328k€248k

-€95m

Sep 30 2024n/an/a

€441m

Jun 30 2024n/an/a

€956m

Mar 31 2024n/an/a

€1b

Dec 31 2023€64kn/a

€1b

Compensation vs Market: Heikki's total compensation ($USD365.44K) is below average for companies of similar size in the German market ($USD2.69M).

Compensation vs Earnings: Heikki's compensation has increased whilst the company is unprofitable.


CEO

Heikki Malinen (62 yo)

less than a year

Tenure

€327,765

Compensation

Mr. Heikki Malinen, M.Sc (Econ.), MBA (Harvard), is Supervisory Board Member at Keskinäinen Eläkevakuutusyhtiö Ilmarinen since 2025. He has been the Chief Executive Officer and President of Neste Oyj since...


Leadership Team

NamePositionTenureCompensationOwnership
Heikki Malinen
CEO & Presidentless than a year€327.77k0.00025%
€ 18.3k
Eeva Sipila
Chief Financial Officerno data€102.00k0.00042%
€ 30.7k
Hannele Jakosuo-Jansson
Executive Vice President of People & Culture19.3yrsno data0.0051%
€ 371.5k
Markku Korvenranta
Executive VP & COOless than a yearno data0.00027%
€ 19.7k
Lars Lindfors
Senior Vice President of Technology & Innovationno datano datano data
Tommi Tuovila
Chief Information Officer12.2yrsno datano data
Anssi Tammilehto
Senior VP of Strategyno datano datano data
Christian Ståhlberg
Senior VP of Legal & Compliance and General Counsel7.8yrsno data0.00096%
€ 70.2k
Hanna Maula
Senior Vice President of Communicationsless than a yearno datano data
Carl Nyberg
Senior Vice President of RP Commercialno datano data0.0016%
€ 117.7k
Jori Sahlsten
Executive VP of Oil Productsless than a yearno datano data
Sami Oja
Senior Vice President of OP SCMno datano datano data

0.6yrs

Average Tenure

56.5yo

Average Age

Experienced Management: NEF's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Pasi Laine
Independent Chairman of the Board1.2yrs€79.00k0.00014%
€ 10.2k
Nick Elmslie
Independent Director5yrs€95.00k0.00050%
€ 36.6k
John Abbott
Independent Vice Chair of the Board4.2yrs€93.00k0.00024%
€ 17.5k
Essimari Kairisto
Independent Directorless than a yearno datano data
Anne Kalmari
Chairman of Stakeholder Advisory Panelno datano datano data
Timo Harakka
Vice Chairman of Stakeholder Advisory Panelno datano datano data
Pekka Haavisto
Member of Stakeholder Advisory Panelno datano datano data
Teuvo Hakkarainen
Member of Stakeholder Advisory Panelno datano datano data
Harri Jaskari
Member of Stakeholder Advisory Panelno datano datano data
Sanna Lauslahti
Member of Stakeholder Advisory Panelno datano datano data
Mauri Pekkarinen
Member of Stakeholder Advisory Panelno datano datano data
Veera Ruoho
Member of Stakeholder Advisory Panelno datano datano data

2.7yrs

Average Tenure

62.5yo

Average Age

Experienced Board: NEF's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/16 15:49
End of Day Share Price 2025/05/16 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Neste Oyj is covered by 49 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Olof GrenmarkABG Sundal Collier
Alejandro VigilBanco Santander
Lucy HaskinsBarclays