Telia Lietuva is reducing the number of managers and merging some units [Yahoo! Finance]
TELIA COMPANY AB UNSP/ADR (TLSNY)
NASDAQ:AMEX Investor Relations:
teliacompany.com/en/investors
Company Research
Source: Yahoo! Finance
As of 1 November 2025, the Company's Technology and Digital Transformation as well as Legal and Personnel units will be merged, and will be led by Vygintas Domarkas and Daiva Kasperaviciene. The current organizational structure of Telia Lietuva consisted of ten units with assigned managers. From 1 November 2025, the structure will become simpler – with eight units' managers and closer cooperation between teams. Andrius Šemeškevicius, the current Head of Technology, will work at Telia Lietuva till the beginning of 2026 and will ensure business continuity. Later he will continue his career outside the Company. The current Head of People and Culture, Ramunas Bagdonas, from 1 November 2025 will become Head of People and Culture of Technology unit at Telia Company Group. He will also continue to lead the personnel team at Telia Global Services Lithuania, a subsidiary of Telia Company in Lithuania. “With these changes, we aim to further streamline operations, make faster decisions, an
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