CHAIR OF THE MANAGEMENT BOARD AND CEO OF IGNITIS GROUP (F/M/D)
The Supervisory Board of AB “Ignitis grupė” (the “Parent Company”) announces the selection process for the position of CEO and Chair of the Management Board.
The Management Board consists of five members who are elected by the Supervisory Board for a four-year term and are primarily responsible for the following areas: Strategy & Management (Chair of the Management Board and Group CEO), People & Business Support (Group Chief Organisational Development Officer), Finance (Group Chief Financial Officer), Energy Markets & Commerce (Group Chief Commercial Officer), and Regulated Business & Government Relations (Group Chief Regulatory Officer).
The members of the Management Board will have group-wide, full-time responsibilities and will be employed as employees of the Parent Company. The CEO will have a fixed-term five-year contract (in accordance with Article 37(1) of the Law on Companies of the Republic of Lithuania). In addition, the selected candidate will be required to enter into a non-compete agreement.
About the Management Board’s role
The Management Board, jointly with the Supervisory Board, shapes Ignitis Group’s strategy, financial plans, annual budget, risk management, and investment policy. It approves key strategic initiatives and sustainability plans, sets strategic targets and common policies for Group companies, and performs other functions defined by law and the Parent Company’s Articles of Association.
Each Management Board member ensures proper performance of the Group’s activities, overseeing their area of responsibility at the Group level. Management Board members also supervise the Group’s subsidiaries and are appointed as members of their Boards.
The salary range for the CEO position is from EUR 21,660 to EUR 25,000 (before tax). The final offer will depend on the candidate’s experience and competencies. A variable part of remuneration may be paid depending on results.
Required for this position:
Requirements for the Chair of the Management Board and CEO position include:
- Mandatory requirements and advantages.
- General requirements (available here).
REQUIREMENTS AND RESPONSIBILITIES
Mandatory requirements
- 7–10 years of executive leadership experience in a C-level position with full P&L responsibility, including at least 3 years in a CEO-level accountability or similar (e.g., Business Unit Leader, Head of the Region, etc.).
- At least 3 years’ experience in heavily regulated sectors, e.g. financial services, nuclear, energy and utilities, telecom, defence.
- Proven ability to shape and implement organisation-level strategy by translating policy, market and technological shifts into long-term direction and delivering major organisational or portfolio transformations.
- Significant experience engaging with boards, supervisory bodies and shareholders.
- Credible communication with governmental institutions, regulators, media and public stakeholders, demonstrating mature stakeholder navigation skills.
- Proven ability to lead through crises, geopolitical turbulence, regulatory shocks and reputational risk situations.
- Proven ability leading large organisations through multi-year transformations.
- English and Lithuanian level C1 or higher.
Advantages
- C-level executive experience in a large complex (which has at least 500 employees) company or group of companies operating in the energy sector.
- Strong understanding of national and regional energy policy and regulatory frameworks.
- Understanding of global energy sector trends and how they may influence regional and national developments.
- Strategic understanding of the full energy transition value chain – including generation, networks, flexibility and retail.
- Familiarity with renewable energy investment cycles and flexibility technologies and understanding of long-term system planning and market design evolution.
- Experience collaborating with EU-level institutions and/or international regulatory bodies.
- Experience managing operations across multiple countries, with exposure to Baltic and/or Polish markets.
- Capital markets experience in a listed company with €1bn+ market capitalisation, with strong understanding of investor expectations and capital allocation principles.
- Experience with industrial or commercial sectors with ESG strategy exposure.
- Ability to build alliances across diverse stakeholders, including policy, industry and communities.
- Visible and grounded leadership style, with the ability to stay closely connected to operational realities through regular engagement at different sites and entities.
Responsibilities
- Lead Group strategy development and execution.
- Represent the Group and manage stakeholder relationships (shareholders, investors, regulators, governmental institutions, NGOs and other strategic stakeholders), including the Supervisory Board, Committees, etc.
- Shape a purpose-driven culture across the Group, driven by the Group’s core mindsets.
- Participate in the collegial bodies of Group subsidiaries, where applicable.
The general requirements applicable to all candidates can be found here.
About selection procedures
- The external selection agency “Pedersen & Partners” will be engaged to carry out the selection process.
- Submit your CV by applying to the job advertisement.
By submitting the documents, candidates confirm that they meet all selection requirements and that they are familiar with the legal obligations that arise if they are selected and appointed as a member of the collegial body. Candidates may be requested to provide additional documents to verify their compliance with the above-mentioned requirements.
We inform candidates that, during the selection process, their personal data will be handled according to Ignitis Group’s personal data management procedure, which can be found here.
About gender balance regulation
We would like to inform you that this selection process is subject to the Law on Equal Opportunities for Women and Men of the Republic of Lithuania, which stipulates that candidates for CEO, management board member or supervisory board member positions in a large company must meet the set and announced requirements, based on which each candidate's qualifications will be comparatively assessed.
In return for creating a more sustainable future, we promise:
An opportunity to shape the green energy future by contributing to the transformation towards a 100% green and secure energy ecosystem.
Additional information for candidates:
Join a growing and increasingly international team of energy smart people united by a common purpose. We all play our part in creating a 100% green and secure energy ecosystem for current and future generations.
And the way to achieve this is certainly not to wait for the perfect moment. We believe that the power to act comes from the charge we bring to our work every day. United by purpose. Owning the challenge. Passion for reinvention. Pursuing excellence. These are our mindsets. Together, they yield the energy that drives everything we do. The energy generated by our choices. If you are guided by the same mindsets – we look forward to welcoming you to our team!
As we pursue our strategic goals to increase gender balance in Ignitis Group, we are indicating “f/m/d” next to job titles, meaning we welcome candidates of all genders – female, male or diverse.
Ignitis Group ensures equal opportunities. We welcome all applicants and do not discriminate against race, religion, gender, sexual orientation or gender identity, age, disability or other personal traits unrelated to work obligations.
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