Peter Vanacker starts as President and CEO of Neste Corporation

After the retirement of Matti Lievonen, Peter Vanacker will take up the position of President and CEO of Neste Corporation.

Peter Vanacker (born 1966, M.Sc. Chem. Eng.) started on 1 November 2018 as the President and CEO of Neste Corporation. He joined Neste in September 2018 as a Senior Executive and since then has familiarized himself with Neste's business and operations.

Peter Vanacker joins Neste after working as the CEO and Managing Director of CABB Group GmbH. CABB is a leading globally active fine and specialty chemicals company. Prior to CABB, Vanacker has had a long career in various executive positions at Bayer, where he was responsible for the global polyurethanes business and many significant investment projects.

“Neste has been very successful in the past ten years in changing from a national oil refining company to the world's largest sustainable producer of renewable diesel,” said Peter Vanacker, the President and CEO of Neste.

Matti Lievonen, who has served as Neste Corporation's President and CEO since 2008, will retire after reaching his retirement age.

In 2018, Neste placed 2nd on the Global 100 list of the most sustainable companies in the world.