AB K2 LT announced that, taking into account that in December 21 2018 by decision of the Extraordinary General Meeting of Shareholders Vytenis Labanauskas was canceled from the position of Chief Executive Officer of JSC K2 LT since 2019 January 6 by decision of the Board of Directors made in January 2 2019. Bernardas Vilkelis, former CFO of the company, is appointed Chief Executive Officer from January 7 2019.