02 August 2019

Neste appoints Thorsten Lange Executive Vice President, Renewable Aviation, and Member of the Neste Executive Committee

Neste Corporation, Stock Exchange Release, 2 August 2019 at 9 a.m. (EET)

Thorsten Lange, (M.Sc. Banking and Auditing), has been appointed as Executive Vice President for Renewable Aviation of Neste Corporation and member of the Neste Executive Committee. He will join Neste on February 2020, at the latest, and will report to President and CEO Peter Vanacker. Thorsten Lange will transfer to Neste from Lufthansa Group.

“I am happy to have Thorsten Lange to lead our new business unit Renewable Aviation, and to strengthen our Executive Committee, which is now complete. With this team we are able to further increase the focus on our target of becoming the global leader in renewable and circular solutions,” says Neste’s President and CEO Peter Vanacker.

“Thorsten is a highly experienced aviation industry leader, and he has an outstanding knowhow on the industry, especially in fuels including sustainable aviation fuel, through his career and having served as Chair of the IATA Fuel Committee. He will work out of our Amsterdam office, which also is the hub for our Renewable Aviation business unit,” continues Vanacker.

“I am excited about this opportunity to join Neste’s team. Aviation industry is at the crossroads. Use of sustainable aviation fuel will play an important role in supporting the industry’s ongoing efforts in making air transportation fit for the environmental challenges it is facing. I am looking forward to working together with all industry stakeholders in order to enable sustainable growth in both aviation industry, and Neste’s Renewable Aviation business,” says Thorsten Lange.

CV and photo are attached to this release.

Neste Corporation

Susanna Sieppi
Vice President, Communications (act.)

More information: Peter Vanacker, President and CEO, Neste, tel. +358 10 458 11

Neste in brief

Neste (NESTE, Nasdaq Helsinki) creates sustainable solutions for transport, business, and consumer needs. Our wide range of renewable products enable our customers to reduce climate emissions. We are the world's largest producer of renewable diesel refined from waste and residues, introducing renewable solutions also to the aviation and plastics industries. We are also a technologically advanced refiner of high-quality oil products. We want to be a reliable partner with widely valued expertise, research, and sustainable operations. In 2018, Neste's revenue stood at EUR 14.9 billion. In 2019, Neste placed 3rd on the Global 100 list of the most sustainable companies in the world. Read more: neste.com