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Dainius Brandišauskas appointed finance director of All Media Group

Dainius Brandišauskas appointed finance director of All Media Group

From Delfi · () Lithuanian

Translated from Lithuanian and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources New plan
  • All Media Group, which operates the TV3 and Go3 brands, appointed Dainius Brandišauskas as finance director from September 7.
  • Brandišauskas brings more than 15 years of experience in finance, strategy and business operations in Lithuania and the United States.
  • He previously held leadership roles at Lietuvos draudimas and EBV Finance, and worked in audit and mergers and acquisitions advisory at Deloitte and PwC.

Dainius Brandišauskas will take over as finance director of All Media Group on September 7, replacing Indrė Rakauskienė at the media group that operates TV3 and Go3.

Brandišauskas joins the group with more than 15 years of experience in finance, strategic management and business operations in Lithuania and the United States. Since 2022, he has served on the board of Lietuvos draudimas and worked as its chief operating officer, overseeing business operations, information technology, digital transformation and cybersecurity. Before that, he spent six years as the company’s finance director.

His earlier career included serving as finance director at EBV Finance, a financial services company belonging to the international Edenred group. He gained financial audit experience at Deloitte in Lithuania and PwC in Silicon Valley, where he advised companies on mergers and acquisitions. His work there included technology businesses ranging from fast-growing startups to international publicly listed corporations.

The media market is changing, as television, streaming, subscription and advertising business models increasingly converge.

— Giedrius SkliutasThe All Media Group chief executive explained why the company views the finance director’s role as strategic as well as financial.

All Media Group chief executive Giedrius Skliutas said the media market was changing as television, streaming, subscriptions and advertising increasingly converged. He said investment decisions about content, technology and new products had become both financial and strategic, and described the group as being in a period of change and rapid growth.

Brandišauskas said changing consumer habits and technological advances created new opportunities for the TV3 and Go3 brands. He highlighted Go3’s potential and said he saw his role as extending beyond financial analysis and cash-flow management to cooperation with the management team and shareholders, supporting strategic decisions and operational efficiency.

I see my contribution as finance director not only in preparing financial insights or managing the company’s financial flows, but also in actively cooperating with the entire management team and shareholders.

— Dainius BrandišauskasBrandišauskas described how he plans to approach his new position.
About this summary

Originally published by Delfi in Lithuanian. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.