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Management Bodies
Management Board and CEO
The Management Board is a collegial management body envisaged in the Ignitis Group’s Articles of Association. Its members are elected for a four-year term, and removed, by the Supervisory Board on the proposal of the Nomination and Remuneration Committee.
The Management Board, which consists of five members, elects from among its members a chairman, who is the company’s CEO.
The members of the Management Board, within their competence, must ensure the proper conduct of the company’s operations and/or attention to the relevant areas at the group level. Work on the Management Board is remunerated in keeping with the guidelines established by the company’s shareholder.
No members of the Management Board participate in the capital of the company or of group enterprises.
The term of the Ignitis Group’s current Management Board ends on 31 January 2022.
Share Allocation Rules
On September 16, 2020, the Share Allocation Rules of AB Ignitis Grupė (hereinafter – the Rules) were approved. The Rules entered into force on the day of admission of the Company’s shares to trading on the Main Trading List of AB Nasdaq Vilnius.
The Rules provide that employees of the Company and its subsidiaries, including members of the Management Board of the Company, will have the opportunity to participate in the share option program.
Among other things, the Rules aims to increase the motivation of employees to increase the value of the Group's companies, to create motivation for key managers to pursue sustainable and long-term strategic goals.
Darius Maikštėnas
Chairman of the Board, CEO
Darius Maikštėnas
Mr. Maikštėnas is the chairperson of the Management Board and the Chief Executive Officer.
Mr. Maikštėnas who has 8 years of executive experience joined Ignitis Group in 2018. Since 1st of February 2018 he is chairperson of the Management Board. Since 12th of February – Chief Executive Officer. He is also a chairman of the supervisory board of AB "Energijos skirstymo operatorius" and is a member of the board of Eurelectric.
D.Maikštėnas gained executive experience while working in telecommunications and energy sectors. He led an international company base din Silicon Valley that offers innovative telecommunications solutions and operates in the United States and UK under the WiderFi brand. Prevously, D.Maikštėnas worked as an advisor for the venture capital fund Nextury Ventures, he served as Vice President at Omnitel, was an independent member of the Board and Chairman of the Board at LESTO.
He received his Bachelor's degree in business management at the Kaunas University of Technology before obtaining an executive Master's degree in business administration from the Baltic Management Institute. He also attended the general management program at Harvard Business School.
Areas of supervision
Dr. Živilė Skibarkienė
Member of the Board, Organisational Development Director
Dr. Živilė Skibarkienė
Dr. Skibarkienė is a member of the Management Board and the Organisational Development Director.
Živilė, who has 5 years of executive experience joined Ignitis Group in 2018. Since 1st of February she is Director of Organizational Development.She is also a member of the management board of UAB Elektroninių mokėjimų agentūra and a member of the supervisory board of AB "Ignitis gamyba". She is also a chairperson of the management board of UAB "Ignitis grupės paslaugų centras".
Živilė gained executive experience while working in financial sector. Previously was the Head of Šiaulių bankas Legal and Administrative Department. In Finasta Bank she was Managing director and Member of the Board. She worked as Compliance manager at DNB bank (now Luminor).
She holds a Master's degree in law from Vilnius University and a Doctoral degree in social sciences field of law from Mykolas Romeris University. She has also completed the Oxford Executive Leadership Programme at Saїd Business School, University of Oxford.
Darius Kašauskas
Member of the Board, Finance and Treasury Director
Darius Kašauskas
Mr. Kašauskas is a member of the Management Board and the Finance and Treasury Director.
D.Kašauskas who has 12 years excutive experience joined Ignitis Group in 2008. Since 1st of February h eis Director of the Finance and Treasury department. He is a member of the management board of the Support Fund and also a member of the supervisory board of AB "Energijos skirstymo operatorius".
Darius gained his executive experience while working in energy sector. Darius served as a member of the Supervisory Board and the Chairperson of the Board at the Elektroninių mokėjimų agentūra. At NT Valdos he was member of the Board and the Chairman of the Board and at Lietuvos Dujos he was Chairman of the Supervisory Board.
Following his Master's degree in economics from Vilnius University, he obtained a further Master's degree in management from ISM University of Management and Economics, and has undertaken doctoral studies in the field of economics at the same university.
Dominykas Tučkus
Member of the Board, Infrastructure and Development Director
Dominykas Tučkus
Mr. Tučkus is a member of the Management Board and the Director of Infrastructure and Development.
D.Tučkus who has 7 years executive experience, joined Ignitis Group in 2012. Since 1st of February 2018 he is Infrastructure and Development director. He is also the chairman of the supervisory board of AB "Ignitis gamyba" and a member of the supervisory board of UAB "Ignitis". He is a member of the management board of UAB "Ignitis renewables" and the chairman of the management board of UAB Vilniaus kogeneracinė jėgainė. He is also a member of the advisory committee at KŪB "Smart Energy Fund powered by Ignitis Group".
D.Tučkus gained his executive experience while working in energy sector. He held position of General Manager at LITGAS. Also he was Board member at Tuulueenergia OU.
He obtained his Bachelor's degree in business management and administration and his Master's degree in finance at L. Bocconi University in Italy. He also obtained an Executive MBA degree from ESADE Business & Law School.
Vidmantas Salietis
Member of the Board, Commerce and Services Director
Vidmantas Salietis
Mr. Salietis is a member of the Management Board and the Commerce and Services Director.
V.Salietis who has 7 years executive experience, joined Ignitis Group in 2011. Since 1st of February h eis Director of Commerce and Services. He is the chairman of the management boards of NT Valdos, UAB and UAB Elektroninių mokėjimų agentūra, and the chairman of the supervisory board of UAB "Ignitis". He is also a member of the management board of UAB "Gamybos optimizavimas".
V.Salietis gained his executive experience in energy sector. He held the position of General Manager at Energijos tiekimas. Previously he was Director of the Electricity Wholesale Division at Ignitis gamyba.
Mr. Salietis obtained his Bachelor's degree in economics and business administration from the Stockholm School of Economics in Riga (SSE Riga).