Maxima Grupė elects new audit committee ahead of schedule

Published 20/10/2025, 15:02
Maxima Grupė elects new audit committee ahead of schedule

VILNIUS - Retail group Maxima Grupė has elected a new audit committee for a four-year term ahead of schedule, the company announced Monday in a press release.

The new committee consists of three members: Vytenis Lazauskas as chairman and independent member, Eglė Čiužaitė as independent member, and Vaidotas Neniškis as the member nominated by UAB "Vilniaus prekyba," the sole shareholder of Maxima Grupė.

The early election was conducted to ensure continuity in the committee’s work, as the previous committee’s term was set to expire in March 2026, before the completion of the audit of the company’s 2025 financial statements.

Lazauskas brings financial auditing experience from PwC and currently serves as Group Risk Management Director at INVL Group. Čiužaitė has held various management positions including CEO of Lietuvos energijos gamyba (now Ignitis gamyba) and currently serves on several boards. Neniškis, who worked for Vilniaus prekyba group from 2002 to 2021, now holds the position of Chief Financial Officer at Vilniaus prekyba.

Maxima Grupė manages retail chains Maxima in the Baltic countries, Stokrotka in Poland, T Market in Bulgaria, and the online food store Barbora operating in the Baltic region. The company is part of the Vilniaus prekyba group, which controls investments in retail and pharmacy chains, as well as real estate development and rental service companies across several European countries.

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