Lietuvos Energijos Gamyba announced that after the approval of the Supervisory Board of Lietuvos Energija, UAB, Rimgaudas Kalvaitis has been nominated for the position of the Chief Executive Officer and member of the Board of the company. Accordingly, on the same day R. Kalvaitis submitted his request to resign from his current position as a member of the Supervisory Board of the company. Within two weeks, the Supervisory Board of the company will decide on the appointment of R. Kalvaitis as a member of the Board of the company while the company's Board will take decision on the appointment of Mr. Kalvaitis as the new CEO.

R. Kalvaitis has a degree in physics and is currently managing his own company Technology Competence Center. Mr. Kalvaitis has many years of experience in leading innovative technology businesses in international companies Ericcson, Teletower, and BOD Group companies.