Maxima Grupė, UAB, the Vilnius-based retail group that operates one of the largest food and convenience retail networks across the Baltic states, has named Petras Jašinskas as its new chief financial officer, effective June 15, 2026. Jašinskas steps into the role on an interim basis, taking over from Lauryna Šaltinė, who is departing on maternity leave.
The company made no announcement of structural changes to its finance function alongside the appointment, and the transition appears designed to maintain continuity during Šaltinė's absence. Maxima Grupė did confirm that its board composition has been updated concurrently, though no additional details on those changes were provided at publication time.
Maxima Grupė operates the Maxima grocery and convenience banner across Lithuania, Latvia, Estonia, Poland, and Bulgaria, with a store network running into the hundreds of units across those markets. The group competes in a channel environment where proximity retail and convenience-oriented formats have seen sustained traffic growth, trends broadly consistent with what NACS and European convenience trade data have documented in recent years.
For operators tracking international convenience and food retail M&A or executive movement, leadership continuity at the CFO level is a routine but operationally significant event — particularly for a multi-market operator managing fuel forecourt assets, private-label foodservice programs, and loyalty infrastructure across several national banners. Jašinskas's background in finance positions him to oversee those integrated cost structures during the interim period.
Maxima Grupė has not indicated a timeline for Šaltinė's return or whether a permanent appointment process is underway. C-Store News will update this report as additional details become available.
Written by Michael Politz, Author of Guide to Restaurant Success: The Proven Process for Starting Any Restaurant Business From Scratch to Success (ISBN: 978-1-119-66896-1), Founder of Food & Beverage Magazine, the leading online magazine and resource in the industry. Designer of the Bluetooth logo and recognized in Entrepreneur Magazine's "Top 40 Under 40" for founding American Wholesale Floral, Politz is also the Co-founder of the Proof Awards and the CPG Awards and a partner in numerous consumer brands across the food and beverage sector.