Leadership Transition at Apranga Group: CFO Appointment News

Apranga Group Announces New CFO Appointment
Apranga Group has recently shared exciting news regarding a significant change in its executive leadership. Effective 1st July 2025, the post of Chief Financial Officer will welcome a new face, as Mykolas Navickas steps in to succeed Gabrielius Mork?nas. This transition marks a new chapter for the company, with M. Navickas also taking charge of investor relations and information disclosure.
A Farewell to a Valued Leader
Gabrielius Mork?nas has been a key player at Apranga Group since he assumed the CFO role in 2021. His tenure has been characterized by professionalism and a forward-thinking mindset. Rimantas Perveneckas, the General Director of Apranga Group, expressed gratitude for Mork?nas's contributions, stating, “On behalf of the entire Group, I thank Gabrielius for his professionalism and innovative approach, and wish him success in his future challenges.” His leadership will be missed as the company continues to grow.
Introducing Mykolas Navickas
Mykolas Navickas brings a wealth of experience to Apranga Group, having dedicated years to advancing his career in finance and management. Before joining Apranga, he served as Group CFO at Vanagas Group since 2023. Furthermore, he held various significant positions within Maxima Grupe Group from 2016 to 2023, including both CFO and CEO of Maxima International Sourcing. His managerial expertise at this subsidiary helped drive substantial growth and improvements.
Academic Credentials
M. Navickas's educational background is impressive, holding a Bachelor's degree in Economics from ISM University of Management and Economics and further obtaining a Master's degree in Finance from the prestigious Vilnius University. This strong educational foundation complements his extensive professional experience, positioning him well to lead Apranga Group's financial strategies.
The Path Forward for Apranga Group
As Mykolas Navickas steps into his new role, the company is poised for continued success in the retail sector. His diverse skill set and strategic vision will undoubtedly strengthen Apranga Group's financial operations and investor relations, fostering growth and innovation in a competitive landscape. Shareholders and stakeholders alike can look forward to a bright future under his guidance.
Looking Ahead
The leadership transition is an opportunity for Apranga Group to refresh its strategies and maintain its position in the market. With M. Navickas’s extensive experience and his previous roles, fans of the brand can stay optimistic about the directions the company will take. His appointment signifies a commitment to advancing the company’s goals and enhancing shareholder value.
Frequently Asked Questions
Who is the new CFO of Apranga Group?
Mykolas Navickas is the new Chief Financial Officer, starting on 1st July 2025.
What role did Gabrielius Mork?nas hold at Apranga Group?
Gabrielius Mork?nas served as the Chief Financial Officer since 2021 before his recent departure.
What is Mykolas Navickas's background?
Navickas has worked as CFO at Vanagas Group and has held various positions within Maxima Grupe Group.
What educational qualifications does Mykolas Navickas have?
M. Navickas holds a Bachelor's degree in Economics and a Master's in Finance.
What other responsibilities will Navickas have at Apranga Group?
In addition to being CFO, he will be responsible for investor relations and information disclosure.
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