MOVES: Neste Oil appoints Matti Lievonen new CEO

04 September 2008 08:09  [Source: ICIS news]

MUMBAI (ICIS news)--Neste Oil has appointed Matti Lievonen to replace Risto Rinne as the company's president and CEO, who will retire effective 1 October due to health reasons, the Finnish oil group said on Thursday.

Deputy CEO Jarmo Honkamaa would handle the duties of president and CEO until Matti Lievonen took over, the company said.

Matti Lievonen, 49, most recently served as the president of the fine and speciality papers division with the Helsinki-based paper maker UPM-Kymmene, the company added.

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By: Isha Jha
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