Ričardas Baltaduonis, founder and director of lrytas.lt news portal, has left the company.
Ričardas Baltaduonis
© DELFI / Domantas Pipas

"Regardless of how attached I was to lrytas.lt, I will no longer be with it from this Friday on – the child has grown enough to proceed with its independent life. I am grateful to everyone I met, I am grateful for the opportunities and the chances to make mistakes," Baltaduonis said on his Facebook feed on Monday.

He served as lrytas.lt CEO since 2006.

Big Group company operated by businessman Benas Gudelis owns 34 percent in the media group Lietuvos Rytas, 25 percent is held by Gedvydas Vainauskas, 12.5 percent by Vidmantas Strimaitis and another 5.6 percent by the company itself.

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