Leadership Transition at AS Ekspress Grupp: New CFO Appointed

Author: Caleb Price Updated: 01-24-2025 02:19 AM

Management Restructuring at AS Ekspress Grupp

The Supervisory Board of AS Ekspress Grupp has made a significant decision by appointing Mrs. Lili Kirikal as the new Chief Financial Officer (CFO). Her term is set to last until January 30, 2028. With a background in transaction advisory at Ernst & Young and financial leadership at Sunly, Lili Kirikal brings valuable expertise to the company.

New Board Composition Starting 2025

Effective from January 30, 2025, the newly structured Management Board will consist of Mari-Liis Rüütsalu as the Chairman, alongside Karl Anton and Lili Kirikal. This restructuring reflects the company’s ambition to enhance its strategic direction and operational efficiency.

Key Contributions of Lili Kirikal

Lili Kirikal’s extensive experience in financial management and advisory roles is expected to play a pivotal role in the continued development of AS Ekspress Grupp. Her skill set will aid in navigating complex financial landscapes, ensuring the company remains competitive in the rapidly evolving media sector.

Understanding AS Ekspress Grupp

AS Ekspress Grupp holds a prominent position as the leading media organization in the Baltic region. Its operations encompass web media content production, alongside the publishing of various print media, including newspapers and magazines. The group has been instrumental in shaping media narratives since its inception in 1989 and currently employs nearly 1100 individuals.

Essential Services Offered by the Group

In addition to its publishing ventures, AS Ekspress Grupp operates an electronic ticket sales platform and physical ticket offices. They also provide outdoor screen services in Estonia and Latvia, showcasing their diverse portfolio aimed at reaching a broad audience.

Future Prospects for AS Ekspress Grupp

With this leadership transition, AS Ekspress Grupp is poised to strengthen its market position while ensuring robust financial strategies. The collective experience of the new Board members is a testament to their commitment towards innovation and excellence in the media industry.

Frequently Asked Questions

Who is the new CFO of AS Ekspress Grupp?

Mrs. Lili Kirikal has been appointed as the new Chief Financial Officer.

When will the new board composition take effect?

The new Management Board structure will commence on January 30, 2025.

What key services does AS Ekspress Grupp provide?

AS Ekspress Grupp focuses on media content production, publishing, and electronic ticket sales.

How many employees does AS Ekspress Grupp have?

The company employs nearly 1100 individuals.

What is the significance of this management change?

This change marks a strategic move to bolster financial leadership and enhance operational effectiveness within the organization.

About The Author

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