Vanacker succeeds Lievonen as Neste's President and CEO
As previously disclosed, Peter Vanacker starts as President and CEO of Finland-headed oil refiner and renewable fuel producer Neste Oyj. Vanacker joined Neste in September 2018 as a Senior Executive and since then has familiarized himself with Neste's business and operations. He succeeds Matti Lievonen, who has served as Neste's President and CEO since 2008 and will retire.
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. We will continue to work hard together with Neste’s employees, the Board of Directors and my colleagues in the Executive Board to deliver profitable growth and be focused on creating the future. At the same time, we will continue renewing and challenging ourselves. I am impressed with the drive and motivation every single employee at Neste has for being part of the company. I have learned that, as employees, we are passionate about creating a healthier planet for our children. For me, this is very inspiring and forms the DNA of our company commented Peter Vanacker, on his first day as President and CEO of Neste.