uncategorized · 1/16/2014

Neste Oil's Lars Peter Lindfors named 2014 CTO of the Year

Neste Oil Corporation
Press release
16 January 2014 at 9 am

Neste Oil's Lars Peter Lindfors named 2014 CTO of the Year

Lars Peter Lindfors, Neste Oil's Senior Vice President, Technology, has been named Finland's CTO of the Year for 2014. Technology Academy Finland (TAF) presents the CTO of the Year award to a Chief Technology Officer who has made a particularly valuable contribution to the technological capabilities and growth potential of the company they work for and has been an inspiring leader and actively involved in social networking. This is the fourth time that the award, which is coordinated in partnership with Spinverse Oy and Sitra, the Finnish Innovation Fund, has been made to date.

"The award is also a recognition of the work that everyone at Neste Oil has done," says Lars Peter Lindfors. "We have succeeded in achieving many of our goals thanks to the expertise, enthusiasm, and contribution of our teams and their commitment to our vision. Technology is a key area of expertise for Neste Oil and something that is widely valued across all our businesses. We are a small company in the oil industry and have no feedstock resources of our own. To succeed in the highly competitive international environment in which we operate, developing our own know-how has been of critical importance. We have been a pioneering developer and marketer of new, quality solutions since the beginning of the 1980s, and this award will further strengthen our commitment to continuing on this path and continuing to invest in R&D."

"Today's technological challenges are more complicated than they have ever been, and solving them calls for a broad understanding of the issues involved, extensive expert networks, and close cooperation between different functions. Collaboration between different businesses will also become increasingly important in the future, as more and more new ideas are likely to be born out of new structures and new interfaces," continues Lindfors.

"Finnish companies can look forward to a future of many more new technological innovations, I believe, as long as we continue to invest in strong basic research and education, search out partners at home and abroad, and believe in ourselves and our ability to market our products."

A total of 17 CTOs from a variety of industries were nominated for this year's award. Sustainability was one of the criteria given particular emphasis this year, according to Yrjö Neuvo, the Chairman of the Jury, which unanimously voted Lars Peter Lindfors 2014 CTO of the Year.

Neste Oil Corporation

Kaisa Lipponen
Director, Corporate Communications

Neste Oil in brief

Neste Oil Corporation is a refining and marketing company concentrating on low-emission, high-quality traffic fuels. The company produces a comprehensive range of major petroleum products and is the world's leading supplier of renewable diesel. Neste Oil had net sales of EUR 17.9 billion in 2012 and employs around 5,000 people, and is listed on NASDAQ OMX Helsinki.

Neste Oil is included in the Dow Jones Sustainability World Index and the Ethibel Pioneer Investment Register, and has featured in The Global 100 list of the world's most sustainable corporations for many years. CDP Forest has ranked Neste Oil as one of the best performers in the oil & gas sector. Further information: