Ieva Galvydienė appointed CEO of Novaturas Group

Leadership Change - Novaturas Group has announced a leadership change, with Ieva Galvydienė becoming the new CEO effective October 15, succeeding Kristijonas Kaikaris who is moving to the IT sector [1][5] - Ieva Galvydienė has been with Novaturas since 2006, progressing from a travel sales manager to Chief Commercial Officer, and is expected to leverage her extensive experience to enhance the company's market position and client value [2][4] Company Performance - Novaturas Group recorded revenues of EUR 201 million in 2024 and served 239,000 passengers across Lithuania, Latvia, and Estonia [6] - The company has been operational for over 25 years, offering a diverse range of travel services including recreational, sightseeing, and group trips [6] Strategic Developments - The company attracted a strategic investor, Neset Kockar, in spring 2025, which is anticipated to strengthen its financial position and create synergies with Kockar's portfolio in various sectors [6][3] - Kristijonas Kaikaris highlighted the successful optimization of the travel program and the strengthening of the company's financial capabilities during his tenure [5]