The company shall acquire rights and assume and discharge obligations through its management bodies. The management bodies of the company shall include the general meeting of shareholders, the board and the head of the Company – the general manager. The managing bodies of the company are the Board and Chief executive officer. The company doesn’t have a supervisory board.
The competence of the General Shareholders’ Meeting, the rights of shareholders and the implementation of those rights
The competence of the General Shareholders’ Meeting, the procedures of summoning the meeting and the decision making are governed by laws, other legal acts and the Statute of the Company.
None of the Company’s shareholders has special control rights; all the rights of the shareholders are equal. All the Company’s shareholders have equal rights stipulated by laws, other legal acts and the Statute of the Company.
The managing authorities of the company create proper conditions for the implementation of the Company shareholders’ rights.
VST AB management bodies:
VST AB management bodies:
The last amendments of the Bylaws of the company (dated January 7, 2010) sets forth that the Board consists of 5 members. The members of the Board with the Office term of 4 years are elected by the general meeting of the shareholders. Chief Executive Officer is appointed and recalled by the Board of the company.
Board:
|
Full Name
|
Position
|
Share of owned capital,%
|
Share of votes,%
|
|
Arvydas Tarasevičius |
Chairman |
- |
- |
|
Vytautas Kazimieras Aranauskas |
Member |
- |
- |
|
Member
|
-
|
-
|
|
|
Kęstutis žilėnas
|
Member
|
-
|
-
|
|
Arvydas Darulis |
Member |
- |
- |
Administration
| Full Name | Position | Share of owned capital,% | Share of votes,% |
|
Rimantas Vaitkus
|
Chief Executive Officer |
-
|
-
|
|
Zina Chmieliauskienė
|
Chief Accountant, Accounting Department Manager |
-
|
-
|
The company doesn't have a supervisory board.