Darius Šilenskis appointed as the new CEO of KN

The Board of KN (AB “Klaipėdos nafta”), the Oil and LNG Terminal Operator, appointed Darius Šilenskis as the new CEO of the Company.  Until now, D. Šilenskis held the position of director of KN Oil business, the company says in a press release.

“KN has prepared new business strategy, which establishes number of ambitious goals for the company for the next ten years. When making a decision regarding the most suitable candidate for the position of CEO of KN, in depth understanding and knowledge of energy sector and energy business field, competence of business development, experience of working with international clients, orientation towards result as well as potential to unite the teams toward them, are important. According to the Board members, D. Šilenskis is the best candidate to meet these requirements and expectations”, - says Giedrius Dusevičius, Chairman of the Board.
 
The selection procedure of the new CEO was carried out by Independent Board of KN in cooperation with international executive search companies applying the best corporate governance practices. 26 candidates applied for the position.
 
“The selection process was very competitive – strong, successful and professional candidates applied for the position of general manager of the company. We believe, that Darius understanding of regional and global energy markets and ability to coordinate business and strategic interests will be very valuable to the company at its current organizational development stage”, - notices Chairman of the Board.
 
D. Šilenskis has been working for KN for the last five years. Until now he held the position of Director of KN Oil Business, before that – Director of the Commerce. Before KN, D. Šilenskis worked at the different companies of oil concern „PKN Orlen“, where he held various leading positions. D. Šilenskis also held office of Commerce director at the company „Krovinių terminalas“.
 
D. Šilenskis has a degree of Executive Master's in Business Administration (EMBA), MA in Business Management, MA in Law (International Maritime Law study programme).
 
“I see KN as a very vibrant, growing and rapidly changing organization. We are currently at a very interesting stage, when, due to trends dictated by the environment, we have to fundamentally transform our business. Taken this context, among my top priorities is the development of organization, which is flexible, efficient and capable to quickly adapt to changing needs of customers, at the epicentre of which is united, efficient and result oriented team”, - says newly appointed CEO of KN.
 
According to Žygimantas Vaičiūnas, Minister of Energy, high expectations for the new KN CEO are set. “The major task of a new head of KN is to ensure that the team of this strategic company successful implements the set ambitious targets and meets the expectations of shareholders. The first target is the continuity of the current strategic energy security projects and the implementation of decisions adopted by the Seimas in seeking to ensure the long-term LNG supply in Lithuania and reduce the cost of security component for all consumers. The second target is the ability to successfully compete in the oil loading sector. The third target is to enter the global market by developing and operating LNG terminals,“ emphasizes Minister of Energy.
 
D. Šilenskis shall begin his duties as CEO of KN from 11 November, 2019.