Baiba Priedīte, Member of the Management Board and Chief Customer Officer of Sadales tīkls AS, has decided to resign from her position effective 4 October 2025.
Since joining the company in 2016, Baiba Priedīte has made a significant contribution to the development of Sadales tīkls AS, helping transform it into a customer-oriented, digitally advanced service company. Under her leadership, extensive process digitalization has been implemented, innovative services have been introduced, and customer service has earned high recognition, strengthening the company’s efficiency and competitiveness.
In the near future, the Supervisory Board of Sadales tīkls AS plans to announce an open competition for the position of the Member of the Management Board.
Latvenergo AS is the sole shareholder of Sadales tīkls AS. Sadales tīkls AS is the electricity distribution system operator in Latvia, operating independently and ensuring the supply of electricity to more than one million customer sites, maintaining the electricity network throughout Latvia with a total length of approximately 92,000 kilometers.
Additional information:
Jānis Irbe
Group Treasurer
Phone: +371 29 453 897
E-mail: investor.relations@latvenergo.lv
About Latvenergo
Latvenergo Group is one of the leading energy suppliers in the Baltics operating in electricity and thermal energy generation and trade, natural gas trade and electricity distribution services. Latvenergo AS has been acknowledged as the most valuable company in Latvia for several times. International credit rating agency Moody's has assigned Latvenergo AS an investment-grade credit rating of Baa2/stable.
Latvenergo Group is comprised of the parent company Latvenergo AS (generation and trade of electricity and thermal energy, trade of natural gas) and subsidiaries - Sadales tīkls AS (electricity distribution), Elektrum Eesti OÜ (trade of electricity and natural gas, development of solar and wind parks in Estonia), Elektrum Lietuva UAB (trade of electricity and natural gas, development of solar and wind parks in Lithuania), Elektrum Next SIA (development of solar and wind parks), Laflora Energy SIA (development of wind park), DSE Aizpute Solar SIA (development of solar park), Latvijas vēja parki SIA (development of wind parks), Telšiu vejo parkas, UAB (development of wind park in Lithiania), Enerģijas publiskais tirgotājs AS (administration of mandatory electricity procurement process) and Liepājas enerģija SIA (generation and trade of thermal energy, electricity generation). All shares of Latvenergo AS are owned by the state and held by the Ministry of Economics of the Republic of Latvia.