Heikki Malinen appointed as the President and CEO of Neste

Former CEO Matti Lehmus stepped down after two years in the role.

Neste Corporation’s Board of Directors has appointed Heikki Malinen as the President and CEO of Neste. Malinen joins Neste from Outokumpu Corporation where he has held the position of President and CEO since 2020. Malinen is currently a member of the Board of Directors of Neste, from which position he will step down before assuming the duties of the President and CEO.

“Heikki Malinen has a strong track record in developing and executing differentiated strategies, driving efficiency and leading people through a challenging business environment. He has vast experience globally from several industries, including the process industry. The Board of Directors is confident that Heikki is the right person to lead Neste forward and to execute on our growth agenda to create value for all our stakeholders,” says Matti Kähkönen, the Chair of the Board of Directors of Neste.

“The industry is still at the beginning of a decades-long transformative growth era. The growth in sustainable aviation fuels, and in the polymers and chemicals sector, is ahead of us. Neste has a world-class R&D, technological and operational foundation and talented people on which to build its future growth. I am excited to join the great team of Neste to accelerate transformation and drive the journey towards reaching the company’s full potential,” says Heikki Malinen, Neste’s new President and CEO.

The Finish company is a leading producer of sustainable aviation fuel and renewable diesel and a forerunner in developing renewable and circular feedstock solutions for polymers and chemicals.