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Surfshark CEO Steps Down: New Leader Takes Helm
17 Mar
Summary
- Dovydas Godelis, former COO, is the new CEO of Surfshark.
- Vytautas Kaziukonis steps down as CEO but remains Chairman.
- Surfshark was founded in Lithuania in 2018 and has grown significantly.
Dovydas Godelis has been named the new CEO of Surfshark, succeeding its founder, Vytautas Kaziukonis. Godelis, who previously served as the company's Chief Operating Officer (COO), brings seven years of experience to his new role, having started as a marketing specialist. This marks the first CEO transition for Surfshark since its founding in Lithuania in 2018.
Kaziukonis will continue to influence the company's direction as Chairman of the board, focusing on its long-term vision. He expressed confidence in Godelis's leadership abilities, citing his measurable results and team-uniting capabilities. Under Kaziukonis's tenure, Surfshark achieved significant milestones, including a transition to a RAM-only server network, launching antivirus and data removal services, and a notable merger with Nord Security in 2022, valuing the combined entity at $1.6 billion.
Godelis aims to sustain the company's successful strategy, foster future growth, and develop global products with talent originating from Lithuania. He highlighted Surfshark's "outstanding growth," expanded product suite, and consistent recognition in the Financial Times' ranking of Europe's fastest-growing companies. The company has also seen substantial server upgrades, with all servers moving to 10 Gbps in 2024 and plans for 100 Gbps servers by 2025.
