Applications by 29 June 2026

The joint-stock company “Latvijas valsts meži” has announced an open competition for the position of Chairman of the Board, requiring competence in corporate and team management.

Candidates for the position of Chairman of the Board must meet the following mandatory minimum requirements:

1. an impeccable reputation (meaning there is no reasonable ground for doubt about the person's impeccable reputation, and no evidence to the contrary);

2. proficiency in the official language at C1 level and in English at no less than B2 level under the Common European Framework of Reference for Languages;

3. an academic higher education or second-level professional higher education in management science, economics, finance, law, natural sciences (forestry, geography, environmental science) or engineering, or another comparable field providing the knowledge and competencies required to professionally perform the duties of Chairman of the Board;

4. at least three years' experience within the last 10 years as a board member of a medium-sized or large capital company in an equivalent senior position, or in a management-level position reporting to such a role, providing the experience, competencies and knowledge required to professionally carry out the duties of Chairman of the Board in a large public capital company whose strategic assets are land, forests, subsurface resources and other resources.

Candidates for the position of Chairman of the Board are also expected to have the following desirable professional experience, understanding and knowledge:

• an understanding of the regulatory framework governing state capital companies;

• experience working with product value chains (including supply chain management, as well as an understanding of export issues);

• knowledge of organising the budget development and planning process, and experience overseeing investment projects;

• an understanding of land and forest land management and forestry;

• an understanding of and knowledge in finance and economics, including macroeconomic issues;

• experience representing a company externally and building a positive corporate/employer image;

• experience shaping an organisation's internal culture and cooperating with employee representatives;

• knowledge of European Union and Republic of Latvia regulation in the fields of sustainability, the environment, nature and climate;

• an excellent understanding of corporate governance and stakeholder management.

All the knowledge and understanding set out in the Chairman of the Board profile will be assessed through semi-structured interviews.

Pursuant to Paragraph 18 of Cabinet of Ministers Regulation No. 20 of 7 January 2020, “Procedure for Nominating Members of the Board and Council in Capital Companies in which Shares are Held by the State or a Derived Public Person,” the following competencies are required to perform the duties of Chairman of the Board of the Company:

• building and maintaining positive relationships (core competency);

• team leadership (core competency);

• strategic vision (core competency);

• development orientation;

• results orientation;

• planning and organisation;

• decision-making and accountability.

Special conditions for candidates for the position of Chairman of the Board of the joint-stock company “Latvijas valsts meži”:

• The candidate must meet the requirements of the law “On Prevention of Conflict of Interest in the Activities of Public Officials”;

• The candidate must meet the requirements of Section 9 of the law “On State Secrets”.

• The candidate has an impeccable reputation, meaning there is no reasonable ground for doubt about the person's impeccable reputation, and no evidence to the contrary.

• The candidate must not be a person:

1. who has been convicted of an intentional criminal offence, where the conviction has not been set aside or expunged;

2. who has, on the basis of a decision taken within criminal proceedings, been deprived of the right to engage in a specific or any type of commercial or other professional activity;

3. in respect of whom insolvency proceedings have been declared;

4. who is, or has been within the 24 months preceding the closing date for submitting applications under the public candidate application procedure, an official of a political party or an association of political parties who exercises leadership of the political party or association of political parties, including making decisions or exercising representation on its behalf (for example, a board member, director, president, chairman or secretary general).

Applications for the competition may be submitted until 29 June 2026 (inclusive), marked “Application for the position of Chairman of the Board of the joint-stock company ‘Latvijas valsts meži’”, sent electronically to the e-mail address: zane.zolte@fontes.lv.

Candidates are asked to submit the following documents:

1. A cover letter (including information demonstrating that the candidate's professional experience and skills meet the requirements of the position of Chairman of the Board);

2. A declaration by the candidate for the position of Chairman of the Board confirming compliance with the special conditions (please download and use the attached form);

3. A description of the candidate's life and work experience (Curriculum Vitae), including a self-assessment of language skills and contact information (e-mail address, telephone number) – (please download and use the attached CV form) and (please download and use the attached CV annex form)

4. A copy of a document confirming higher education (if the higher education was obtained abroad, a document on its academic recognition in Latvia must be attached);

5. A copy of a document confirming proficiency in the official language (to be submitted by a candidate who did not receive their education in the official language);

6. Other documents confirming that the candidate meets the stated requirements.

The monthly remuneration of the Chairman of the Board is determined in accordance with Cabinet of Ministers Regulation No. 392 of 25 June 2025, “Procedure for Determining the Number and Remuneration of Board and Council Members when Managing Shares Held by a Public Person”.

The monthly remuneration for the Chairman of the Board (gross) is set at EUR 16,600.

The selection and evaluation process for candidates for the position of Chairman of the Board of the joint-stock company “Latvijas valsts meži” will consist of several rounds and will be carried out by the selection competition's nomination committee together with the recruitment company SIA Fontes Executive Search. For enquiries about the competition, e-mail: zane.zolte@fontes.lv.

Please note that candidates who advance to the second round of evaluation will be asked by the nomination committee to submit, within five working days, a strategic vision (presentation format – PowerPoint or PDF; presentation length – no more than 15 minutes) covering the main future challenges facing the joint-stock company “Latvijas valsts meži”, including an outline of the key priorities and proposals for implementing them.

Pursuant to Section 25, Paragraph One of the Personal Data Processing Law, we inform you that your:

1. Personal data provided in the application documents will be processed to ensure the running of the said competition, and during the selection process your data will also be processed by the recruitment company – SIA Fontes Executive Search, registration No. 50003764641, legal address: Krišjāņa Valdemāra iela 17A-14, Riga, LV-1010.

2. The controller of the personal data processing is the joint-stock company “Latvijas valsts meži”, registration No. 40003466281, legal address: Vaiņodes iela 1, Riga, LV-1004, e-mail: lvm@lvm.lv, and SIA Fontes Executive Search, registration No. 50003764641, legal address: Krišjāņa Valdemāra iela 17A-14, Riga, LV-1010.

3. You have the right to withdraw your consent to the processing of your personal data at any time by sending a request to nominacija@lvm.lv (if you wish the joint-stock company “Latvijas valsts meži” to stop processing your data) or to zane.zolte@fontes.lv (if you wish SIA Fontes Executive Search to stop processing your data).