Jonas Krutinis new CEO of VILNIAUS BALDAI AB

Jonas Krutinis has been appointed as CEO of Vilniaus Baldai AB one of the largest Lithuanian furniture manufacturing companies. By the decision of the Board of VILNIAUS BALDAI AB, Mr. Krutinis will take up the new position from 15 May 2018.

Mr. Krutinis has acquired 23 years of work experience in management consulting, finance and production areas in local and foreign capital companies in Lithuania and abroad. Since 2015 Mr. Krutinis served as CFO and Supply chain manager in VILNIAUS BALDAI AB. Before that Mr. Krutinis spent 13 years with SEB Group, including 8 years as CFO and head of support functions of SEB Bank in Russia. Mr. Krutinis holds Master’s degree in business management and administration from Vilnius University.

Current CEO of VILNIAUS BALDAI AB Rimantas Vaitkus will continue his career in a capacity of an advisor to CEO responsible for energy and sustainability.

"The Company is entering new and very dynamic development phase; therefore, we believe that changes in the Company management will allow to secure ambitious expansion plans – double the capacity. We are very thankful to Rimantas Vaitkus for four very successful years under his management and we are very pleased to be able to employ his experience and knowledge in extremely important areas of energy and sustainability, while for the new CEO we wish the best luck in the new expansion phase"– says Vytautas Bucas Chairman of the Board of VILNIAUS BALDAI AB.

Additional information:
Chief Financial Officer
Jonas Krutinis
Tel.: +370 (5) 252 57 00