Changes in Neste’s leadership team and organization structure

Neste CorporationStock Exchange Release5 March 2026 at 9 a.m. (EET)

Nestethe world’s leading producer of renewable diesel and sustainable aviation fuel (SAF)has appointed new leadership team members as part of an organizational change that primarily affects the company’s Renewable Products business. As of 1 April 2026Renewable Products commercialrefiningand feedstock sourcing and trading will be represented in Neste’s leadership team. At the same timeNeste will establish a Renewable ProductsNorth America business unitresponsible for all renewable products business in North Americaincluding regional feedstock and commercial operations as well as Martinez joint venture.

From 1 April 2026 onwardsNeste’s leadership team members will consist of Heikki MalinenPresident and CEOand the following leadership team memberswho will all report to the President and CEO: 

• Jori SahlstenExecutive Vice PresidentOil Products business area
• Artturi MikkolaSenior Vice PresidentRenewable Products Feedstock Sourcing and Trading
• Jukka KanervaSenior Vice PresidentRenewable Products Refining 
• Carl NybergSenior Vice PresidentRenewable Products Commercial
• N.N.PresidentRenewable ProductsNorth America (Carl Nyberg as interim)
• Markku KorvenrantaExecutive Vice President and Chief Operating Officer (COO) 
• Eeva SipiläChief Financial Officer (CFO) 
• Hannele Jakosuo-JanssonExecutive Vice PresidentPeople & Culture

“Given the importance and potential of our renewables business within NesteI see this change as a next step to accelerate Neste’s value creation and long term growth. I believe that with this leadership team and structure we will effectively lead Neste’s strategy execution and financial performance,” says Heikki MalinenPresident and CEO of Neste and continues: “I warmly welcome ArtturiJukka and Carl to Neste’s leadership team. They all have strong track records in their respective areas of responsibility and have had several demanding leadership positions across Neste over the years.”

These changes will not affect Neste’s financial reporting segments.

Neste Corporation

Hanna Maula
Senior Vice PresidentCommunicationsMarketingSustainability and Public Affairs

Further information: Please contact Neste's media servicetel. +358 800 94025 / [email protected] (weekdays from 8.30 a.m. to 4.00 p.m. EET). Please subscribe to Neste’s releases at https://www.neste.com/media/subscribe.

Neste in brief

Neste (NESTENasdaq Helsinki) is the world's leading producer of renewable diesel and sustainable aviation fuel (SAF)with production on three continents. The company’s renewables production capacity is expected to reach 6.8 million tons annually in 2027. Neste also produces high-quality oil products at its Porvoo refinery in Finland. The company has a network of nearly 1,000 fuel stations with expanding service offeringsuch as EV chargingin Finland and in the Baltics.

Neste’s strategy focuses on growth in renewable fuelswhich help its customers to reduce their greenhouse gas emissions. Neste is included in many international indices for its sustainability performance. In 2025Neste's revenue stood at EUR 19.0 billion. Read more: neste.com