Neste Appoints a New Leadership Team and Names Sipilä as CFO

Oct. 28, 2024
Eeva Sipilä joins Neste from Metso Corporation where she has served as CFO and deputy CEO. She has been vice chair of the board of Neste since 2023 and member of the board since 2022.

In order to improve operational efficiency and performance, Neste has appointed a new leadership team as of today. The members of the leadership team are:

  • Heikki Malinen, who in addition to his president and CEO role, takes the lead of Neste’s renewable products business area, which will play an important role in the company’s value creation in the coming years.
  • Markku Korvenranta continues in the leadership team and has been appointed executive vice president, oil products, and chief operating officer (COO) of the company.
  • Eeva Sipilä has been appointed chief financial officer (CFO) and she will start at Neste no later than May 1, 2025. Until then Anssi Tammilehto, vice president, investor relations, will act as interim CFO.
  • Hannele Jakosuo-Jansson continues in the leadership team as executive vice president, people and culture.

Korvenranta, Sipilä and Jakosuo-Jansson report to Malinen. The other members of the former executive committee will continue in different positions within the company except Martti Ala-Härkönen, Neste’s current CFO, who will leave the company and continue his career outside of Neste.

Sipilä joins Neste from Metso Corporation where she has served as CFO and deputy CEO. She has been vice chair of the board of Neste since 2023 and member of the board since 2022.

"I’m delighted to welcome Eeva to Neste. She has an exceptional track record from many demanding positions and as a current board member, she already knows Neste and its business environment. I wish Eeva the best of luck at Neste. I would also like to thank Martti for his valuable contribution at Neste. He has been very dedicated to his work and I wish him all the success in his future endeavors,” says Malinen. “I believe our new organization is well suited to Neste’s current situation. It reflects our need to sharpen leadership and speed up decision-making to better manage wide-ranging complexity in a challenging business environment. I wish all members of the leadership team every success in their duties and look forward to excellent, efficient and effective cooperation.”