Member of the Board of “Lietuvos energijos gamyba”, AB, has been elected

Elektrėnai, Lithuania, 2015-12-31 15:00 CET (GLOBE NEWSWIRE) — “Lietuvos energijos gamyba”, AB (company code 302648707, registered office address of the Elektrinės st. 21, Elektrėnai; the Company) informs that on 31 December 2015 Supervisory Board of the Company adopted a decision to elect Mr. Mindaugas Kvekšas as Member of the Board of the Company starting from today until the end of the term of office of the present Board.Mr. Kvekšas will be responsible for the fields of finance and administration.A graduate of Stockholm School of Economics in Riga, Mr. Kvekšas has worked at the Company as Head of Finance Division since January 2014. Before that, for almost seven years he worked as an assistant manager in the fields of audit and transactions and restructuring at KPMG Baltics, UAB.The new member of the Board was elected after the recall of Ms. Eglė Čiužaitė from the post of a member of the Company’s Board from 2 December 2015. Ms. Čiužaitė became member of the Board of AB “Energijos skirstymo operatorius” (ESO).After the new member joined the Board, there are now five members serving on the Company’s Board: Mr. Juozas Bartlingas (Chairman of the Board), Mr. Darius Kucinas (responsible for electricity and heat production management), Mr. Adomas Birulis (responsible for supervision of the Company’s strategy and development projects), Mr. Vidmantas Salietis (responsible for the Company’s trade activities on the electricity market) and Mr. Kvekšas (responsible for financial and administration management).         Valentas Neviera, Head of Corporate Communication Division, tel. +370 670 25997, e-mail.