The incumbent Lithuanian telco TEO LT has appointed Giedrius Vegys as its new CFO.
He replaces Jan-Erik Elsérius, who has been in the post since 1999 and will work as a consultant until May and then retire.
Vegys was the director of TEO’s risk management unit from 2004 until April 2008 and then the senior business controller at TeliaSonera in Sweden until the end of last year.
TEO LT operates both an IPTV and a DTT platform in Lithuania.
