Intel stock spikes after report of possible US government stake
VILNIUS - Akropolis Group has reappointed its current Audit Committee members for a new four-year term, according to a company press release.
The committee consists of Šarūnas Radavičius and Eglė Čiužaitė, who serve as independent members, alongside Matas Kasperavičius, the Chief Financial Officer at UAB "Vilniaus prekyba."
Radavičius and Čiužaitė bring experience in finance, accounting, and financial statement auditing to their roles. Čiužaitė has previously held senior positions at "Lietuvos energijos gamyba" (now "Ignitis gamyba") and currently serves on several company boards and audit committees. Radavičius formerly led the audit division at Rödl & Partner.
Kasperavičius, before his current position, worked at "Ernst & Young Baltic" and UAB "NDX Group."
The Audit Committee’s responsibilities include ensuring effective financial reporting audit processes, overseeing the external auditor’s independence, and recommending improvements for financial control and operational quality.
During its previous term, the committee contributed to updating internal control procedures and strengthening risk management strategy at Akropolis Group.
The decision was made by the sole shareholder of Akropolis Group, as stated in the company announcement.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.