Matti Lehmus appointed as President, CEO of Neste
Peter Vanacker will hold the position of the Finnish energy company until 30 April 2022.
Neste Corporation’s Board of Directors has appointed Matti Lehmus as President and CEO. He succeeds Peter Vanacker, who will hold the position until 30 April 2022.
Matti Lehmus holds a M. Sc. in chemical engineering and an eMBA. He joined Neste in 1998, and has held several key leadership positions during his career in both the oil products business and renewables. He has been a member of the Neste Executive Committee since 2009, and currently serves as Executive Vice President, Renewables Platform.
“Matti Lehmus has the right experience and expertise to continue executing Neste’s proven growth strategy of becoming a global leader in renewable and circular solutions. His proven track record of major investment projects and M&A, along with his solid leadership and interpersonal skills, will be an excellent combination to ensure Neste’s further success,” says Matti Kähkönen, the Chair of Neste’s Board of Directors.
With Neste having laid out a clear path towards renewable solutions, the Finnish energy company sees Lehmus as the right candidate. He was deeply involved in big parts of Neste’s transition, including the establishment of a production joint venture in the US, the Singapore expansion and the planning for a possible next capacity increase investment in Rotterdam.
“It has been a privilege and pleasure to serve Neste for the past three and a half years. I am very glad that I will be able to pass the baton to my successor and trusted colleague in a smooth and organized transition process in the coming weeks,” says Peter Vanacker, Neste’s President and CEO.
The company aims at helping customers to reduce their greenhouse gas emissions through renewable and circular solutions by at least 20 million tons annually by 2030.