Neste Oyj (0O46.L)

45.38 -0.99 (-2.13%) At close: 08:01AM BST

Neste Oyj

Keilaranta 21
PO Box 95
Espoo 00095
Finland
358 10 45811
https://www.neste.com

Sector(s): 
Industry: 
Full-time employees: 5,888

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Matti Lehmus eMBA, M.Sc. (Eng.)	President & CEO	731.44k	N/A	1974
Dr. Martti Ala-Harkonen	CFO and Executive VP of Finance, Strategy & IT	N/A	N/A	1965
Ms. Hannele Jakosuo-Jansson M.Sc. (Eng.)	Executive Vice President of Human Resources, Safety & Communications	N/A	N/A	1966
Mr. Bart Leenders	Executive Vice President of Technology & Projects	N/A	N/A	1969
Mr. Tommi Tuovila	Chief Information Officer	N/A	N/A	N/A
Anssi Tammilehto	Vice President of Investor Relations	N/A	N/A	N/A
Mr. Christian Ståhlberg LL.M., M.Sc. (Laws)	Executive VP of Legal & General Counsel	N/A	N/A	1974
Mr. Patrick von Essen	Managing Director of Engineering Solutions	N/A	N/A	1965
Mr. Carl Nyberg	Executive Vice President of Renewables Supply Chain & Sustainability	N/A	N/A	1979
Mr. Markku Korvenranta M.Sc.	Executive Vice President of Oil Products Business Unit	N/A	N/A	1966

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Neste Oyj provides renewable diesel and sustainable aviation fuel in Finland, and other Nordic countries, Baltic Rim, other European countries, North and South America, and internationally. The company operates in four segments: Renewable Products, Oil Products, Marketing & Services, and Others. The Renewable Products segment produces, markets, and sells renewable diesel, sustainable aviation fuel, renewable solvents, and feedstock for bioplastics to wholesale markets. The Oil Products segment produces, markets, and sells diesel, gasoline, aviation and marine fuels, light and heavy fuel oils, and gasoline components, as well as special fuels, such as small-engine gasoline, solvents, liquid gases, and bitumen. This segment serves retailers and distributors, oil majors and trading companies, petrochemicals companies, and companies marketing lubricants and solvents, as well as road transportation, non-road uses, aviation and marine sectors. The Marketing & Services segment markets and sells cleaner fuels and oil products, and associated services to private motorists, transport companies, customers in aviation, shipping, industrial and agricultural sectors, municipalities, farmers, and heating oil customers through a network of service stations, as well as direct sales and distributors. The Others segment offers engineering solutions. The company was formerly known as Neste Oil Oyj and changed its name to Neste Oyj in June 2015. Neste Oyj was founded in 1948 and is headquartered in Espoo, Finland.

Corporate governance

Neste Oyj’s ISS governance QualityScore as of 1 April 2024 is 1. The pillar scores are Audit: 6; Board: 1; Shareholder rights: 4; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.