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An open tender will be organized to pick a new CEO for the Freeport of Riga, told the port’s board chairman Andris Ameriks.

A possibility to hire an executive recruitment firm to select the best candidate is still being debated.

Ameriks praised Leoninds Loginovs, who has decided to stand down as Freeport of Riga CEO after running the port for 19 years, describing his contribution to the port’s development as invaluable. As its top manager, Loginovs made the Freeport of Riga the largest port in Latvia, Ameriks said, adding that Logonovs decided to resign only because of personal reasons after reaching the retirement age.

The next Riga port CEO is expected to be highly knowledgeable in port business and management and to be able to lead a team of some 10,000 employees working at the port.

As reported, the port’s board today received Loginovs’ resignation letter in which he asks to relieve him of his duties as of March 10 of this year.

The Freeport of Riga board accepted Loginovs’ resignation and ordered the port’s authority to come up with proposals on how the port's next CEO will be selected.

In accordance to the Freeport of Riga law, the port's CEO is appointed and dismissed after coordination with the Transport Ministry. LETA has also not been able to get in contact with Transport Minister Uldis Augulis (Greens/Farmers), who is currently on a working visit to Belarus.