New members of the Management Board and CEO of Ignitis Group have been elected

The Supervisory Board of Ignitis Group, an international energy company, has elected a new Management Board composed of professionals from different fields. After the decision of the Supervisory Board, the Management Board, in its first meeting, elected its Chair and CEO of Ignitis Group – Darius Maikštėnas was elected to lead the Group. He also led the Group in the previous term.  

On 18 February the Supervisory Board recalled the previous Management Board in corpore and elected the new members of the Management Board as well as submitted an opinion regarding the CEO of the Group. Three members from the previous term are continuing to serve in the Management Board, and the two new members were working in other positions in Ignitis Group before joining the Management Board. 

The composition of the new Management Board: 

• Darius Maikštėnas – Chair of the Management Board, CEO 

• Dr. Živilė Skibarkienė – Member of the Management Board, Group Head of Organisational Development 

• Jonas Rimavičius – Member of the Management Board, CFO 

• Mantas Mikalajūnas – Member of the Management Board, Group Head of Regulated Activities 

• Vidmantas Salietis – Member of the Management Board, Group Head of Commercial Activities 

“I would like to congratulate the Management Board and the Group CEO with a successful start of a new term. Ignitis Group already achieved great results, so I am excited that the new Management Board, who has a firm grasp on Ignitis Group’s operations, will ensure further implementation of ambitious goals of decarbonisation, sustainable Green Generation development, quality services and return to shareholders”, said Alfonso Faubel, Chair of the Group Supervisory Board.  

The term of the new Management Board started today.  

The Management Board comprises five members that are elected for a four-year term by the decision of the Supervisory Board of the Group. According to the requirements of the Description of the Corporate Governance Guidelines of the State-Owned Group of Energy Companies, the Chair of the Management Board is elected as the CEO of the Group. 

About the new Management Board: 

Darius Maikštėnas has an extensive experience as a top-level executive with international experience in energy, telecommunications, IT, venture capital sectors, who also worked in the previous term of the Management Board. 

Dr. Živilė Skibarkienė is a professional in law and organisational development with extensive experience as a top-level executive, who also worked in the previous term of the Management Board.  

Jonas Rimavičius is a strategic-level finance professional, who has experience in collegial bodies of companies, international capital raising and investment projects. 

Mantas Mikalajūnas is an executive with almost 20 years of experience in the energy sector both in regulatory and commercial activities. 

Vidmantas Salietis is a professional with over a decade of experience in top-level positions in the energy sector, who also worked in the previous term of the Management Board. 

You can find detailed CVs of the new Management Board members and the CEO of the Group in the material event notification released through a stock exchange on 1 February 2022 (link).