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Civinity appoints Chief Operating Officer Tadas Matjošaitis to the Management Board
Globenewswire· 2026-01-06 07:15
Core Viewpoint - Civinity has appointed Tadas Matjošaitis as a member of its Management Board to enhance operational expertise and align strategy with execution in pursuit of its "Smart Green City" vision [1][4]. Group Structure and Leadership - Tadas Matjošaitis, previously the Chief Operating Officer since October 2025, is responsible for developing the service portfolio, increasing operational efficiency, and implementing digital solutions across the Group [2]. - The current Management Board now includes Deividas Jacka (Chairman), Diana Dominienė, Šarūnas Stanislovėnas, Giedrė Vilkė, and Tadas Matjošaitis [5]. Experience and Focus - Tadas Matjošaitis brings nearly a decade of experience in the hospitality sector and has a background in organizational change and process control at Vilnius Airport, emphasizing customer experience, operational optimization, sustainability, and innovative growth [3]. Strategic Importance - The addition of Tadas Matjošaitis to the Management Board is seen as crucial for ensuring that strategic decisions are informed by operational experience and data, which will help in standardizing service quality and enhancing digitalization [4]. Company Overview - Civinity Group operates in Lithuania, Latvia, and the United Kingdom, with around 40 subsidiaries, providing services in residential, commercial, and public building maintenance, engineering systems, and information systems [6]. - In 2024, Civinity Group reported revenues of EUR 88.5 million and a pro-forma EBITDA of EUR 7.4 million [6].
Tomas Staškūnas replaces Virgeda Jackaitė as Acting CEO of Civinity
Globenewswire· 2025-08-27 05:28
Leadership Change - Civinity is undergoing a leadership change as CEO Virgeda Jackaitė goes on maternity leave, with Tomas Staškūnas appointed as Acting Chief Executive Officer [1][2] - Tomas Staškūnas has over 20 years of experience in finance and previously served as Chief Financial Officer of Civinity [3] Strategic Continuity - The appointment of Tomas Staškūnas is aimed at ensuring continuity in the group's operations and pursuing strategic goals during Jackaitė's absence [4] - Staškūnas has been actively involved in strategic decisions and day-to-day operations, making him well-prepared for the role [4] Company Priorities - The group's priorities remain unchanged under Staškūnas, focusing on organic growth, acquisitions, public bond issuance, and the development of the Smart Green City ecosystem [5] - Emphasis will continue to be placed on service quality and operational efficiency [5] Company Overview - Civinity is a major urban lifestyle company in the Baltics and the UK, comprising over 30 companies and employing more than 1,600 people [6] - In 2024, Civinity reported revenues of €88.5 million and Pro Forma EBITDA of €7.4 million [6]