Novaturas AB announced appointment of Kristijonas Kaikaris as CEO, who has extensive experience in managing international IT, aviation and transport companies, will take up the position of the company's CEO on 13 December this year. He will replace Vitalij Rakovski, who has been in the role until now. For the past three years, Kaikaris has been the CEO of CityBee, a car-sharing company.

Before that, he was CEO of charter airline Small Planet Airlines for almost three years. Kaikaris has worked in the IT sector for a large part of his career, having spent four years in charge of the Lithuanian offices of international technology companies Microsoft and Oracle, as well as President and Member of the Board of the association Infobalt, and worked in the sales department of IBM. In Lithuania, the new head of the Novaturas Group is also known as a book author, active traveler and a Formula 1 enthusiast - he has been a commentator on the sport on TV for a long time.