EPSO-G Board Changes: Insights on Recent Resignation
Significant Board Changes at EPSO-G
Energy Transmission and Exchange Group EPSO-G has recently undergone a noteworthy transition with the resignation of board member Tomas Daukantas. This decision stems from a formal request made by Mr. Daukantas, aligning with the legal framework set by Article 33(10) of the Law on Companies of Lithuania.
Understanding the Board Structure
As of the recent change, the sole shareholder of EPSO-G UAB has officially dismissed Tomas Daukantas. This action took effect on a specified date. His departure opens the door for new leadership, as the Ministry of Energy will be responsible for appointing a new board member through the decision of the sole shareholder. The current board continues to be supported by three independent members, which include Rasa Balevi?ien?, Robertas Vyšniauskas, and Liudas Liutkevi?ius, alongside Dainius Braži?nas, who has been delegated by the Ministry of Energy.
EPSO-G and Its Expanding Group
EPSO-G operates as a holding company with a diversified portfolio, comprising several subsidiaries that are integral to its operational strategy. This group encapsulates companies such as Amber Grid, Baltpool, Energy Cells, Litgrid, and Tetas. Moreover, EPSO-G and its related firms have invested in other enterprises such as GET Baltic, Baltic RCC OÜ, and TSO Holding AS, further establishing their presence in the energy sector.
The Role of the Ministry of Energy
The Ministry of Energy plays a pivotal role as the sole shareholder of EPSO-G, executing the rights and obligations dictated by its ownership. This involvement ensures that EPSO-G aligns closely with national energy policies and governance standards, reinforcing its commitment to sustainable energy solutions.
Contact for Further Information
For any inquiries regarding the recent changes within EPSO-G or its board structure, you can reach out to Tomas Bašarovas, the communication partner of EPSO-G. He can be contacted directly via phone or through email at tomas.basarovas@epsog.lt.
Frequently Asked Questions
Who is the new board member of EPSO-G?
The new board member has yet to be appointed by the Ministry of Energy following the resignation of Tomas Daukantas.
What is the position of the Ministry of Energy in EPSO-G?
The Ministry of Energy functions as the sole shareholder of EPSO-G, overseeing its governance and strategic direction.
How many subsidiaries does EPSO-G have?
EPSO-G encompasses five main direct subsidiaries, along with shares in additional companies.
What are the contact details for EPSO-G inquiries?
To inquire about EPSO-G's operations, contact Tomas Bašarovas at +370 610 63306 or email at tomas.basarovas@epsog.lt.
What role do independent members play on the EPSO-G board?
Independent members bring impartiality and expertise to the board, ensuring decisions are made in the company's best interest.
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