Ignitis Group launches selections of the CEO and independent Board members of ESO
Ignitis Group is launching selections of the CEO and two independent Board members of its subsidiary, Energijos Skirstymo Operatorius (ESO). The independent Board members will be selected for a new four-year term and will cover the areas of financial management and customer experience and operations.
The formation of the company’s new leadership aims to ensure alignment between strategic oversight and day-to-day operational management, clear accountability for implementing decisions and continuous improvements in network resilience and reliability.
As a reminder, changes in ESO’s leadership followed the record-breaking storm that swept across Lithuania, when ESO’s Board accepted the resignation of then-CEO Renaldas Radvila and subsequently resigned itself. To ensure the smooth organisation of the company’s operations and the handover of responsibilities, Audrius Ruseckas, Head of Finance and Administration at ESO, was appointed interim CEO.
Detailed information about the selection processes and the candidate requirements is provided in the job advertisements for the following positions:
- CEO of ESO;
- independent Board member of ESO (financial management);
- independent Board member of ESO (customer experience and operations).
Pedersen & Partners, an international executive search firm, will assist with the candidate search and selection processes.
The selections of independent Board members will be conducted in accordance with the Government-approved Description of the Procedure for Selecting Candidates for the Collegial Supervisory or Management Body of a State or Municipal Enterprise, a State- or Municipality-Controlled Company or Its Subsidiary.
ESO’s Board consists of six members: two independent members (with expertise in financial management and customer experience and operations), two shareholder representatives (with expertise in strategic management and infrastructure and network operation), one civil servant (with expertise in business continuity and security) and one employee representative. The procedures for selecting the shareholder representatives, the civil servant and the employee representative will be initiated shortly.
ESO operates more than 133,000 kilometres of overhead and underground power lines and approximately 10,000 kilometres of gas distribution pipelines. The company actively invests in network resilience and modernisation to strengthen its reliability as much as possible, reduce the number of supply interruptions and ensure the rapid connection of new customers.
