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Management Bodies
Management Board and CEO
Management Board is a collegial management body set out in the Ignitis Group’s Articles of Association. The activities of the Management Board are regulated by the Law on Companies, its implemented legislation, the Corporate Governance Guidelines, the Articles of Association of Ignitis Group and the Rules of Procedure of the Management Board.
The Management Board consists of five members and elects the Chair, who is also the CEO of Ignitis Group, from among its members. The members of the Management Board are employees of the parent company, they are elected by the Supervisory Board on the proposal of the Nomination and Remuneration Committee. The Management Board is elected for a term of four years.
The Members of the Board of the Company must meet the general and specific criteria laid down by law. The Management Board of the parent company shall be formed in view of the provision that the competencies of the members of the Management Board must be diverse. The need for competencies is determined by the Nomination and Remuneration Committee and the Supervisory Board, which identify the required skills and, accordingly, approve the profiles of competencies of each of the Management Board members, during the formation of the Management Board.
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. , neither can a member of a supervisory body, management body or administrative body of a legal entity engaged in electricity or gas distribution activities, an auditor or an employee of an audit company who participates and/or participated in the audit of financial statements if a period of more than 2 years has not elapsed.
The term of the Ignitis Group’s current Management Board ends on 18 February 2026.
Darius Maikštėnas
Chair of the Management Board, Chief Executive Officer
Darius Maikštėnas
AB „Ignitis grupė“ Chair of the Management Board, CEO since 01/02/2018 Re-elected 18/02/2022
Area of supervision: Strategy and Management, Sustainability
Term of office expires 17/02/2026
Experience
Darius is a top-level executive with 10+ years of executive experience in energy, telecommunications, IT, and venture capital sectors. He joined the Group in 2018 and since then he served as Member, Chair of the Management Board, and CEO. Darius successfully prepared the Group for transitioning from a local monopoly to a competitive customer-oriented regional player, oversaw Ignitis Group’s IPO, and has been leading the Group towards ESG excellence. Prior to joining the Group, he had led an international company based in Silicon Valley that offers innovative telecommunications solutions and operates in the United States and the UK under the WiderFi brand, had worked as an advisor for a venture capital fund Nextury Ventures, and had served as Vice President at Telia (previously Omnitel).
Education
Harvard Business School, General Management Program; Baltic Management Institute, Executive MBA degree; Kaunas University of Technology, Bachelor’s degree in Business Administration.
Owned shares of AB „Ignitis grupė“ 3,000.
Dr. Živilė Skibarkienė
Member of the Management Board, Chief Organisational Development Officer
Dr. Živilė Skibarkienė
AB „Ignitis grupė“ Member of the Management Board, Group Head of Organisational Development since 01/02/2018 Re-elected 18/02/2022
Area of supervision: Organisational Development
Term of office expires 17/02/2026
Experience
Živilė is a professional in law and organisational development with 5+ years of executive experience. She joined the Group in 2018 and since then she has transformed how the Group is governed, and has successfully implemented digitalisation and operational excellence programmes. She also serves as Member of the Supervisory Board at Ignitis Gamyba. Prior to that, Živilė had gained executive experience while working in the financial sector. She was Head of Legal and Administrative Department at Šiaulių Bankas, Member of the Management Board and deputy CEO at Finasta Bank as well as Head of Compliance at DNB Bankas (now Luminor), and Head of Legal Department at SEB Bankas.
Education
Mykolas Romeris University, Doctoral degree in Social Sciences Field of Law; Vilnius University, Master’s degree in Law; Saïd Business School, University of Oxford, Executive Leadership Programme.
Owned shares of AB „Ignitis grupė“ 300.
Jonas Rimavičius
Member of the Management Board, CFO
Jonas Rimavičius
AB „Ignitis grupė“ Member of the Management Board, CFO since 18/02/2022
Area of supervision: Finance
Term of office expires 17/02/2026
Experience
Jonas is a strategic-level finance professional. Since joining the Group in 2016, Jonas has been leading M&A activities and capital raising projects, including Ignitis Group’s IPO, and Green Bonds issues. Additionally, Jonas has been serving as Chair and Member of the Management Board at Ignitis Renewables since January 2019. Prior to joining the Group, Jonas had accumulated experience in the areas of investment banking and corporate finance at Swedbank, EY and Telia.
Education
University of Cambridge, Master's degree in Business Administration; University of Warwick, Bachelor's degree in Accounting and Finance; former CFA charterholder.
Owned shares of AB „Ignitis grupė“ 500.
Mantas Mikalajūnas
Member of the Management Board, Group Head of Regulated Activities
Mantas Mikalajūnas
AB „Ignitis grupė“ Member of the Management Board, Group Head of Regulated Activities since 18/02/2022
Area of supervision: Regulated activities
Term of office expires 17/02/2026
Experience
Mantas, who has almost 20 years of executive experience in various energy sector’s companies, launched his career in Lietuvos Dujos. Later, he had an internship in a German energy group. After returning to Lithuania, he was working in strategic positions at Lietuvos Dujos, where he served as an executive team member and was responsible for issues related to investor relations, state authorities and the regulator as well as integration of Lietuvos Dujos into Lietuvos Energija (current Ignitis Group). Before transitioning to the current position of Group Head of Regulated Activities, Mantas had served as Head of Business Development of Ignitis Group and CEO of Lietuvos Dujų Tiekimas (later, Lietuvos Energijos Tiekimas).
Education
Vilnius University, Master’s degree in Business Administration and Management.
Owned shares of AB „Ignitis grupė“ 220.
Vidmantas Salietis
Member of the Management Board, Chief Commercial Officer
Vidmantas Salietis
AB „Ignitis grupė“ Member of the Management Board, Group Head of Commercial Activities since 01/02/2018 Re-elected 18/02/2022
Area of supervision: Commercial activities
Term of office expires 17/02/2026
Experience
Vidmantas, who is a professional with 10+ years of experience in top-level positions in the energy sector, joined the Group in 2011 and since has served as an executive in various Group companies. During this time, he spearheaded one of the major changes in the electricity sector – market deregulation. In addition to becoming a Member of the Management Board of Group in 2018, Vidmantas has also been serving as Chair of the Supervisory Board of Ignitis Gamyba and Member of the Management Board of Ignitis Renewables. Prior to that, he had served as CEO at Energijos Tiekimas, and had led an electricity wholesale trading department at Ignitis Gamyba. He had also served as Chair and Member of the Management Board of Elektroninių Mokėjimų Agentūra and Member of the Management Board of Gamybos Optimizavimas.
Education
Stockholm School of Economics in Riga (SSE Riga), Bachelor’s degree in Economics and Business.
Owned shares of AB „Ignitis grupė“ 200.