Neste Executive Board
The Neste Executive Board (NEB) assists the President & CEO in managing the Company and in the deployment of the Company’s strategic and operational goals. Members are appointed by the Board of Directors. The NEB meets regularly, on average once a month. Information on the remuneration and shareholdings of the members of the NEB can be found in the Remuneration and shareholdings section of the Annual Report.
The Neste Executive Board comprised 9 members and met 12 times in 2011. The NEB concentrated on improving the efficiency of Neste Oil’s implementation of its strategy through a series of Value Creation programs, completing the Company’s strategic growth investments, and improving cash flow management through better control of fixed costs, investments, and working capital.