| Jaako Ihamuotila |
|Born||25 November 1939|
|Alma mater||Helsinki University of Technology|
One of the most influential business leaders of his time in Finland
Jaakko Ihamuotila (born 15 November 1939) is a retired Finnish business executive known for his senior roles in some of Finland's largest corporations, including as the CEO of Valmet and long-serving President and Chairman of oil company Neste (not to be confused with multinational Nestle). He has been described as one of the most influential business leaders of his time in Finland.
Early life and education
He studied engineering at the Helsinki University of Technology, graduating in 1964 with a Diplomi-insinööri (MSc in Technology) degree in physics. He has said he was inspired already as a teenager to go into technology, by the opening of the world's first full-scale nuclear power plant for electricity generation, Calder Hall (now part of Sellafield), in the UK in 1956.
Ihamuotila's early career included research and engineering positions at Canadian General Electric in Toronto, Imatran Voima and the Helsinki University of Technology. He then moved to Valmet, and its various group companies, where he held a series of management roles, including a seat on the group's main Board of Directors from 1973.
In 1979 he was appointed to the Board of Neste, the national oil company of Finland, and from 1980 onwards he served there also in an executive role as the company's president and Chairman, until 2000. During his tenure, Neste was ranked on the Fortune Global 500 list. After Neste and Imatran Voima merged to form Fortum, Ihamuotila continued to serve for a while in a non-executive Board role.
Ihamuotila is married to Tuula, and they have three children, Timo, Antti and Anna-Elina.
Event Participated in
|Bilderberg/1994||2 June 1994||5 June 1994||Finland|
|The 42nd Bilderberg, in Helsinki.|
- https://www.is.fi/taloussanomat/art-2000001279676.html |access-date=31 January 2021