AB Ignitis grupe Management

Management criteria checks 4/4

AB Ignitis grupe's CEO is Darius Maikštenas, appointed in Feb 2018, has a tenure of 6.75 years. total yearly compensation is €223.90K, comprised of 78.8% salary and 21.2% bonuses, including company stock and options. directly owns 0.004% of the company’s shares, worth €57.30K. The average tenure of the management team and the board of directors is 6.8 years and 3.1 years respectively.

Key information

Darius Maikštenas

Chief executive officer

€223.9k

Total compensation

CEO salary percentage78.8%
CEO tenure6.8yrs
CEO ownership0.004%
Management average tenure6.8yrs
Board average tenure3.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Darius Maikštenas's remuneration changed compared to AB Ignitis grupe's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

€333m

Mar 31 2024n/an/a

€312m

Dec 31 2023€224k€177k

€320m

Sep 30 2023n/an/a

€321m

Jun 30 2023n/an/a

€334m

Mar 31 2023n/an/a

€374m

Dec 31 2022€198k€144k

€293m

Sep 30 2022n/an/a

€233m

Jun 30 2022n/an/a

€215m

Mar 31 2022n/an/a

€165m

Dec 31 2021€181k€129k

€160m

Sep 30 2021n/an/a

€174m

Jun 30 2021n/an/a

€159m

Mar 31 2021n/an/a

€193m

Dec 31 2020€187k€121k

€171m

Sep 30 2020n/an/a

€124m

Jun 30 2020n/an/a

€102m

Mar 31 2020n/an/a

€61m

Dec 31 2019€155k€94k

€57m

Sep 30 2019n/an/a

-€27m

Jun 30 2019n/an/a

-€54m

Mar 31 2019n/an/a

-€38m

Dec 31 2018€85k€63k

-€22m

Compensation vs Market: Darius's total compensation ($USD237.74K) is below average for companies of similar size in the LT market ($USD1.48M).

Compensation vs Earnings: Darius's compensation has been consistent with company performance over the past year.


CEO

Darius Maikštenas (54 yo)

6.8yrs

Tenure

€223,904

Compensation

Mr. Darius Maikštenas has been Chairman of the Management Board of UAB Ignitis Grupe since February 1, 2018 and as its CEO since February 12, 2018. During his tenure, structural reforms were implemented by...


Leadership Team

NamePositionTenureCompensationOwnership
Darius Maikštenas
Chairman of the Management Board & CEO6.8yrs€223.90k0.0041%
€ 57.2k
Jonas Rimavicius
Member of the Management Board & CFO6.8yrs€171.23k0.00069%
€ 9.5k
Zivile Skibarkiene
Member of the Management Board & Group Head of Organisational Development6.8yrs€181.36k0.00041%
€ 5.7k
Vidmantas Salietis
Member of the Management Board and Head of Group Commerce & Service6.8yrs€179.66k0.00028%
€ 3.9k
Mantas Mikalajunas
Member of the Management Board & Group Head of Regulated Activities2.8yrs€171.39k0.00030%
€ 4.1k
Raimonda Ragelyte
Senior Legal Counselno datano datano data
Arturas Ketlerius
Head of Public Relationsno datano datano data

6.8yrs

Average Tenure

46yo

Average Age

Experienced Management: IGN1L's management team is seasoned and experienced (6.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Judith Buss
Independent Member of Supervisory Board4yrs€37.68kno data
Ausra Vickackiene
Member of Supervisory Board7.3yrs€18.84kno data
Leda Turai-Petrauskiene
Member of Remuneration & Nomination Committee6.7yrs€4.13kno data
Ingrida Muckute
Member to Supervisory Board3.1yrs€18.84kno data
Sarunas Rameikis
Member of Risk Committeeno datano datano data
Lorraine Wrafter
Independent Member of Supervisory Board3.1yrs€37.68kno data
Tim Brooks
Independent Member of Supervisory Board3.1yrs€37.68kno data
Alfonso Faubel
Independent Chairman of the Supervisory Board3.1yrs€50.16kno data
Sian Rees
Independent Member of the Supervisory Boardless than a yearno datano data

3.1yrs

Average Tenure

56yo

Average Age

Experienced Board: IGN1L's board of directors are considered experienced (3.1 years average tenure).