Vilniaus Baldai AB will be led by Rimantas Vaitkus who has long-term experience in managing companies. By the decision of the Board of company, Mr. Vaitkus will hold the CEO position from 12 May 2014. Mr. Vaitkus held the position of vice minister at the Ministry of Economy of the Republic of Lithuania, responsible for nuclear energetics, later spent seven years as the CEO of IBM Lietuva Ltd. For the last six years Mr. Vaitkus has been working for several electricity producing companies, and since 2011 held the CEO position at Visagino Atomine Elektrine and was responsible for the project on the new nuclear power plant of Visaginas.