Engine No. 1 Activist Presentation Deck
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Kaisa Hietala
Trained geophysicist and environmental
scientist
Began oil and gas career in E&P and
crude trading at Neste, then led strategic
review that resulted in creation of the
Renewable Products segment. Served
as EVP for 5 years ending in 2019,
during which annual segment revenues
grew by 1.6x and operating profits grew
by 4x to over $1 billion.
• During this time, Renewable Products
became over 2/3 of profits, and
Neste's stock returned ~550%. Today
the Renewables division is over 90%
of profits and Neste is the world's
largest producer of renewable diesel
• Serves on the board of Smurfit Kappa
Group and Tracegrow
Relevant Experience
Conventional and renewable energy
Led oil and gas company
transformation which was named by
Harvard Business Review as one of
the "Top 20 Business Transformations
of the Last Decade" in 2019 (alongside
Netflix, Amazon, and Microsoft)
●
Fills Unmet Board Need
Experience in energy industry
transformation
●
"Kaisa Hietala built and ran the renewable
business at Finnish refiner Neste, which has
helped push that firm's share price up 10-fold
over a decade."
Reuters Breakingviews, March 22, 2021
Text Source: Bloomberg. Quote Source: Robert Cyran (Mar. 22, 2021). More Than This. Reuters Breakingviews.
REENERGIZE
EXXON//
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