Gas giant to seek a new boss

A tender is being organized to pick a new CEO and management board member for the huge Latvijas Gaze natural gas utility, according to an announcement published in the official gazette Latvijas Vestnesis.

Latvijas Gaze needs a new head because longstanding CEO Adrians Davis is stepping down. Davis announced his resignation at the end of May. He will stay in office until July 3. Davis became Latvijas Gaze CEO in September 1997.

Latvijas Gaze is the monopoly gas transmission, storage, distribution and delivering company in Latvia, closing 2014 with turnover of €500million and a profit of €32m. The company employed 1,255 people last year.

Latvijas Gaze is engaged in purchasing, transportation, storage and distribution of natural gas. The company is quoted on the Secondary List of the NASDAQ Riga stock exchange. The company's key shareholders are Germany's E.ON Ruhrgas International, Russia’s Gazprom and Itera Latvija.

The "mission" of the company's next CEO will be to ensure the company's sustainable development in changeable circumstances, including market liberalization, restructuring, as well as possible changes in gas supply sources and the shareholder structure.

Candidates are expected to have excellent command of the Latvian, English and Russian languages, higher education and at least 15 years of work experience in commerce, successful experience in manager positions and leadership abilities, among other qualities.

The company's new CEO and board member will be selected by Pedersen & Partners recruitment company.

If you want to apply, don't hang around as June 26, 2015, is the deadline. Being a non-smoker probably increases your chances.

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