FLSMIDTH A/S

FLSmidth realigns its organisation to capture growth through enhanced digitalization and productivity offerings

Effective from 01.07.2018, FLSmidth’s organisation will consist of two industries – Cement and Mining – supported by a regional setup to strengthen customer focus and life-cycle solutions – combined with a new central digital organisation.

Building on its unique business model of projects, products and services, FLSmidth will realign its organisation from four divisions into two industries, Cement and Mining, and from a country setup into an agile regional structure. Sales and service will be decentralised in seven regions, while ownership for the full life-cycle offering will be anchored in the two industries. This will enforce a productivity-driven organisation with a strong, unified digital approach. At the same time, it will strengthen FLSmidth’s local presence, customer orientation, and life-cycle offering in order to further capture growth.

In short:

The two industries, Cement and Mining, will develop and drive the life-cycle offering and the product portfolio

The two industries will be supported by seven regions: North America, South America, Europe, Russia & North Africa, Sub-Saharan Africa & Middle East, Asia, Subcontinental India, and Australia; the regions will drive customer relations, sales and service for both industries

A central digital organisation will drive an enhanced, unified approach to digitalization

Changes to Group Executive Management

As of 01.07.2018, Group Executive Management will consist of Thomas Schulz (Group CEO), Lars Vestergaard (Group CFO), Jan Kjaersgaard (Cement President), Manfred Schaffer (Mining President) and Mikael Lindholm (Chief Digital Officer).

www.flsmidth.com

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