The board of directors of Neste Corporation and Matti Lehmus, who has served as president and CEO since May 2022, have mutually agreed that Lehmus will step down from his position. To ensure a smooth transition to the new leadership, Lehmus will continue in his role until his successor assumes office.
Neste Corporation, renowned for its innovative solutions in combating climate change and driving towards a circular economy, stands at the forefront of refining waste, residues, and cutting-edge raw materials into renewable fuels and sustainable feedstock for various applications, including plastics.
As the global leader in sustainable aviation fuel and renewable diesel, and a pioneer in advancing renewable and circular feedstock solutions for polymers and chemicals, Neste is instrumental in helping its clients slash greenhouse gas emissions by a projected minimum of 20 million tonnes annually by 2030.
The company’s visionary objectives include transforming the Porvoo oil refinery in Finland into Europe’s most sustainable refinery by 2030. Moreover, Neste is steadfast in its commitment to achieving carbon-neutral production by 2035, alongside a remarkable goal of slashing the carbon emission intensity of its products by 50 percent by 2040. In tandem with these environmental pursuits, Neste upholds stringent standards concerning biodiversity, human rights, and supply chain integrity.
Earning acclaim for its unwavering dedication to sustainability, Neste has consistently secured positions in esteemed indices such as the Dow Jones Sustainability Indices and the Global 100 list of the world’s most sustainable companies. In 2023, the company’s revenue soared to EUR 22.9 billion.
With the departure of Matti Lehmus, Neste’s board of directors has commenced the process of identifying a suitable candidate to fill the role of president and CEO, ensuring continuity and fortifying the company’s trajectory towards sustainable excellence.
For more information visit www.neste.com
