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Neste: UBS still a buyer CEO appointment

( - UBS reiterates its buy rating on the Neste stock, maintaining its target price of 50 euros, after the appointment of Matti Lehmus as Chief Executive Officer as of 1 May 2022.

Matti Lehmus succeeds Peter Vanacker, who will hold the position until 30 April 2022 following his resignation last December.

Matti Lehmus joined Neste in 1998 and has held several key management positions during his career in the petroleum products and renewable energy sectors. He has been a member of Neste's Executive Committee since 2009 and currently holds the position of Executive Vice President, Renewable Energy Platform.

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