AB KN Energies Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Darius Silenskis

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	4.8yrs
CEO ownership	n/a
Management average tenure	2.2yrs
Board average tenure	1.6yrs

Recent management updates

Recent updates

CEO

Darius Silenskis (42 yo)

4.8yrs

Tenure

Mr. Darius Silenskis is Chief Executive Officer of SC KN Energies from November 11, 2019. Mr. Silenskis served as Acting General Manager of SC KN Energies (formerly known as AB Klaipedos nafta) since July...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Edvinas Katilius	Independent Chairman of the Management Board	2.3yrs	€42.19k	no data
Karolis Švaikauskas	Member of the Management Board	2yrs	€25.32k	no data
Guy Mason	Independent Member of the Management Board	2.1yrs	€31.64k	no data
Alfonso Morriello	Independent Member of the Management Board	2.1yrs	€31.64k	no data
Jurate Lingiene	Independent Member of the Management Board	2.1yrs	€31.64k	no data
Darius Silenskis	Chief Executive Officer	4.8yrs	no data	no data
Mindaugas Kvekšas	Chief Financial Officer	2.8yrs	no data	no data
Dainius Ciuta	Chief Operations Officer	3.5yrs	no data	no data
Rasa Tamaliunaite	Chief Accountant	no data	no data	no data
Orinta Barkauskaite	Head of Communication	no data	no data	no data
Rytis Valunas	Chief Corporate Affairs Officer	no data	no data	no data
Mindaugas Navikas	Chief Sales Officer	no data	no data	no data

2.2yrs

Average Tenure

42yo

Average Age

Experienced Management: XIC's management team is considered experienced (2.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Mantas Sukevicius	Independent Member of Supervisory Council	1.6yrs	€47.47k	no data
Robertas Vysniauskas	Independent Chairman of Supervisory Council	1.6yrs	€65.94k	no data
Dovile Kavaliauskiene	Member of Supervisory Council	1.6yrs	€25.32k	no data

1.6yrs

Average Tenure

Experienced Board: XIC's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.

AB KN Energies Management

Management criteria checks 1/4

Key information

Recent management updates

AB Klaipedos Nafta Announces Executive Changes

High number of new and inexperienced directors

AB Klaipedos nafta Announces Executive Changes

High number of new and inexperienced directors

AB Klaipedos Nafta Elects Independent Board Member Edvinas Katilius as A Chairman of the Board

AB Klaipedos Nafta Announces Election of Karolis Švaikauskas as Board Member

Recent updates

New minor risk - Share price stability

New major risk - Financial position

AB Klaipedos nafta to Report Q1, 2024 Results on May 17, 2024

Third quarter 2023 earnings released: €0.007 loss per share (vs €0.04 loss in 3Q 2022)

Second quarter 2023 earnings released: EPS: €0.004 (vs €0.029 loss in 2Q 2022)

Now 40% undervalued after recent price drop

Now 30% undervalued after recent price drop

First quarter 2023 earnings released: EPS: €0.017 (vs €0.007 loss in 1Q 2022)

Full year 2022 earnings released: €0.016 loss per share (vs €0.17 loss in FY 2021)

Full year 2022 earnings released: €0.01 loss per share (vs €0.17 loss in FY 2021)

AB Klaipedos nafta to Report Q3, 2023 Results on Nov 20, 2023

Third quarter 2022 earnings released: €0.04 loss per share (vs €0.13 loss in 3Q 2021)

AB Klaipedos Nafta Announces Executive Changes

High number of new and inexperienced directors

AB Klaipedos nafta Announces Executive Changes

Second quarter 2022 earnings released: €0.029 loss per share (vs €0.006 profit in 2Q 2021)

High number of new and inexperienced directors

First quarter 2022 earnings released: €0.007 loss per share (vs €0.024 loss in 1Q 2021)

AB Klaipedos Nafta Elects Independent Board Member Edvinas Katilius as A Chairman of the Board

AB Klaipedos Nafta Appeals in A Civil Case Concerning AB Klaipedos Nafta Shares Granted to Employees Has Been Lodged by the Prosecutor of the Klaipeda Regional Prosecutor’S Office

AB Klaipedos Nafta Announces Election of Karolis Švaikauskas as Board Member

High number of new directors

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

AB Klaipedos Nafta Announces Resignation of Laura Garbenciute-Bakiene as Member of the Audit Committee

Independent Director Ian Bradshaw has left the company

Second quarter 2021 earnings released: EPS €0.006 (vs €0.026 in 2Q 2020)

First quarter 2021 earnings released: €0.024 loss per share (vs €0.001 loss in 1Q 2020)

New 90-day low: €0.28

Full year 2020 earnings released: EPS €0.086 (vs €0.02 in FY 2019)

Revenue beats expectations

AB Klaipedos nafta, Annual General Meeting, Apr 22, 2021

New 90-day high: €0.35

Third quarter earnings released

New 90-day low: €0.29

New 90-day low: €0.31

New 90-day low - €0.32

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure