four Candidates Vie for Žalgiris Director Position as Club Stabilizes After Leadership Change
Vilnius, Lithuania – Žalgiris, Lithuania’s premier basketball club, is poised to name a new director following a period of upheaval that saw the departure of former head Vladimir Cheburin and interim leadership by Mindaugas Kasperūnas.After soliciting applications, the club will convene its shareholders this tuesday to evaluate four candidates vying for the pivotal role, a decision that will shape the future direction of the association.
The search for a permanent director comes after a turbulent month for Žalgiris.Cheburin’s exit was finalized with a substantial compensation package – reportedly around 14,000 euros plus a three-month salary payout, according to 15min sources – stemming from contractual obligations. Simultaneously, the club addressed outstanding holiday pay owed to former head V.Venslovaitienė.These financial resolutions, coupled with the return of the south IV fan group and renewed support from the municipality and other shareholders, have created a stabilizing habitat as Žalgiris prepares for the remainder of the season.
Mindaugas Kasperūnas initially considered a transitional role, potentially stabilizing the club before stepping aside, but ultimately decided to pursue the directorship after receiving widespread support.He oversaw the launch of a public application process, with a September 19th deadline for submissions.
While 15min reports receiving multiple applications, only four candidates will be formally considered by the shareholders. The identities of the four finalists have not been publicly released by the club. Sources indicate the selection process will focus on candidates’ vision for the club’s future, financial acumen, and ability to foster strong relationships with stakeholders.
The appointment is critical, as Žalgiris currently ranks among the top twenty Lithuanian companies in average wages (11,293 euros). The new director will be tasked with maintaining this financial stability while navigating the competitive landscape of European basketball and upholding the club’s legacy of success. A decision is expected shortly after tuesday’s shareholder meeting.
