New CEO of Nynas

The Board of Nynas has today decided to appoint Bo Askvik as interim President and CEO of Nynas.

A program to improve the Nynas financial performance was initiated during the summer of 2018.

The owners of Nynas demonstrated their support for the program by providing a shareholder loan of 1 100 SEK million.

As the next step in the process, the Board has decided that a change of management is required. Gert Wendroth, the President and CEO since 2014, will now leave the company. We would like to thank him for his contribution and achievements and wish him the best of luck for the future.


Jyrki Mäki-Kala
Chairman of the Nynas Board, CFO Neste Corporation

For further information, please contact:
Jyrki Mäki-Kala, Chairman of the Nynas Board, CFO Neste Corporation
Tel.: +358 10 458 4098

Hans Östlin, Communications Director Nynas AB
Email: hans.ostlin@nynas.com
Tel.: +46 (0)708 93 19 75

www.nynas.com

The information is submitted for publication on January 16, 17:30 CET. 

Nynas is a different kind of oil company – we want to use oil, not burn it.
With around 1000 employees, production facilities in Europe and South America as well as offices in over 30 countries, Nynas is dedicated to researching, producing and supplying specialty naphthenic oils and bitumen for a growing global market. Together with our customers, we have the know-how to find new applications and meet new challenges that can help shape society.
We take oil further to bring value to customers and the world we live in.