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Finland votes against Neste CEO's salary package
Finland votes against Neste CEO's salary package
Published by Global Banking and Finance Review
Posted on March 3, 2025

Published by Global Banking and Finance Review
Posted on March 3, 2025

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)