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Finland Votes Against Neste CEO's Salary Package
Published by Global Banking & Finance Review®
Posted on March 3, 2025
1 min readLast updated: January 25, 2026
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Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on March 3, 2025
1 min readLast updated: January 25, 2026
Add as preferred source on GoogleFinland's government voted against Neste CEO's salary package, citing it as unreasonable. The decision was made before Neste's AGM on March 25.
COPENHAGEN (Reuters) - Finland has voted against oil refiner and biofuel maker Neste's remuneration report, the government, which owns a 44.2% stake in the company, said on Monday.
"The government considers that the remuneration package of the company's CEO has been structured in such a way that it cannot be considered reasonable as a whole," the government said in a statement.
The government said it had voted in advance while Neste's annual general meeting will be held on March 25.
(Reporting by Stine Jacobsen, editing by Louise Rasmussen)
Finland voted against Neste's remuneration report, indicating disapproval of the CEO's salary package.
The Finnish government owns a 44.2% stake in Neste.
Neste's annual general meeting is scheduled to be held on March 25.
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