The energy transmission and exchange group EPSO-G announced on Thursday the selection of its CEO. The new CEO, whom the Board expects to appoint by the end of April, will implement the transformation of Lithuania’s energy sector as envisaged in the Group’s long-term strategy.
Executive search company AIMS International Lietuva will help to select the right candidates. Candidates have to submit their documents until 12 February.
“We will look to the new CEO to strengthen the Group as a whole by expanding its activities and adjusting the Group’s operating model accordingly. Therefore, we set high requirements for the future CEO in terms of corporate strategy formulation and implementation, change management, good corporate governance practices, experience in international development and cooperation, and experience in innovation,” said Robertas Vyšniauskas, a member of the Board of EPSO-G.
The selection was announced after the company’s previous CEO Rolandas Zukas at the end of his term of office at the beginning of January 2022 left the position. Algirdas Juozaponis, the company’s CFO, is currently acting as the company’s CEO, while Tomas Varneckas, the Head of Infrastructure, is responsible for the implementation of the Group’s strategic projects, including the installation of the Physical Barrier on the border with Belarus.
The EPSO-G Group consists of the parent management company EPSO-G, five directly owned subsidiaries Amber Grid, Baltpool, Energy cells, Litgrid, and Tetas, and the indirectly controlled GET Baltic. The rights and duties of the sole shareholder of EPSO-G are implemented by the Ministry of Energy of the Republic of Lithuania.