May 20, 2022

Giedrius Bandzevicius new CEO of Rimi Baltic

ICA Gruppen today appointed Giedrius Bandzevicius as the new CEO of Rimi Baltic. He succeeds Edgar Sesemann, who after 14 years with RIMI and a total of 23 years with ICA Gruppen, has decided to retire. Giedrius Bandzevicius is currently country manager for Rimi in Lithuania, a role he has held since 2017.

“I am very happy to welcome Giedrius Bandzevicius as new CEO of Rimi Baltic. Giedrius has played an important part in RIMI Lithuania’s strong performance in recent years, and I look forward to working together with him in the ICA Gruppen Management Team,” says Per Strömberg, CEO of ICA Gruppen.

Per Strömberg continues: “At the same time I want to offer our warm thanks to Edgar Sesemann. Edgar took the helm at Rimi Baltic at a tough time in the midst of the financial crisis. During his tenure Rimi has developed very well, both in terms of sales and profitability. With his keen knowledge of the retail trade, Edgar has made Rimi Baltic into one of the Baltic countries’ most successful retail companies.”

Rimi Baltic today comprises 283 wholly owned stores plus 20 e-commerce stations in the three Baltic countries. Rimi Baltic had combined sales of SEK 16,373 million in 2020.

“I appreciate this opportunity from ICA Gruppen, and I am pleased to succeed Edgar as the new CEO of Rimi Baltic. With a strong brand, proven quality of products and services, and not least a team of highly experienced and engaged colleagues, we are well-positioned to further grow Rimi Baltic’s business in the coming years,” says Giedrius Bandzevicius, CEO-elect of Rimi Baltic.

Giedrius Bandzevicius will work side-by-side Edgar Sesemann in November and December until Edgar’s last day of work on 31 December 2021, at which time Giedrius Bandzevicius will also become a member of the ICA Gruppen Management Team.

“I want to express great thanks to all of my amazing colleagues at Rimi Baltic and the entire ICA Gruppen for 23 great years together. The engagement and drive that I have felt during my years with Rimi Baltic have been the foundation for the successful journey we have had and that I am very confident will continue under Giedrius’ leadership,” says Edgar Sesemann, departing CEO of Rimi Baltic.

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