AB Utenos Trikotazas announced that upon the decision of the Management Board of the company, Petras Jašinskas was elected as the new General Director of the company from 7 January 2020, replacing Algirdas Šabunas. The new General Director of the company currently is and will also continue to carry out his duties as the member of the Management Board of UAB koncernas SBA. Petras Jašinskas has more than 10 years management experience as CEO, chairman of the management board and supervisory board of various manufacturing and holding companies. Algirdas Šabunas also submitted to the company notification regarding resignation from the position of the member of the Management Board of the company as of January 20, 2020 (this day shall be the last day of his activities in the Management Board of the company).