FLS FLSmidth & Co. A/S

FLSmidth announces changes to Group Executive Management

FLSmidth announces changes to Group Executive Management

PRESS RELEASE

FLSmidth & Co. A/S

3 June 2025, Copenhagen, Denmark



FLSmidth announces that Mikko Tepponen, Chief Digital Officer & Chief Operations Officer, has decided step down from his position to pursue an opportunity outside of the company. Mikko joined FLSmidth in mid-2020 and his last day with FLSmidth will be at the end of June 2025.



We are continuing to implement our new corporate model. As part of this process, the role of Chief Digital Officer & Chief Operations Officer will be eliminated. Consequently, the respective responsibilities for Digital and Manufacturing will be transferred to other members of the executive team. The Chief Financial Officer will take over the responsibility for IT and manufacturing activities will be managed by the three Business Lines, enhancing their respective end-to-end P&L ownership. In addition, we will continue to leverage the use of our Global Business Centres and seek to strengthen their impact and contribution to the business.



“Mikko has played a critical role in the transformation of FLSmidth. This includes expanding our digital offerings, strengthening our global manufacturing and supply chain, and implementing our new corporate model. Mikko is a respected and well-liked leader, but I fully understand why this opportunity was one that he could not forego. On behalf of the executive team, I wish him all the best in his future endeavours and thank him for his many contributions to FLSmidth,” comments Mikko Keto, CEO at FLSmidth.



Going forward, Group Executive Management consists of the following members:

  • Mikko Keto, CEO
  • Roland M. Andersen, CFO
  • Cori Petersen, Chief People & Sustainability Officer
  • Julian Soles, President, Products Business Line
  • Toni Laaksonen, President, Service Business Line
  • Pat Turner, President, Pumps, Cyclones & Valves Business Line
  • Christopher Ashworth, President, FLSmidth Cement



Contacts:

Media

Jannick Denholt, ,

Investor Relations

Andreas Holkjær, ,

Jannick Denholt, ,



About FLSmidth

FLSmidth is a full flowsheet technology and service supplier to the global mining and cement industries. We enable our customers to improve performance, lower operating costs and reduce environmental impact. MissionZero is our sustainability ambition towards zero emissions in mining and cement by 2030. We work within fully validated Science-Based Targets, have a clear commitment to improving the sustainability performance of the global mining and cement industries and aim to become carbon neutral in our own operations by 2030.

Attachment



EN
03/06/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on FLSmidth & Co. A/S

 PRESS RELEASE

Transactions under share buy-back programme

Transactions under share buy-back programme COMPANY ANNOUNCEMENT NO. 17-2025 FLSmidth & Co. A/S 16 July 2025 Copenhagen, Denmark On 25 June 2025, FLSmidth & Co. A/S (FLSmidth) initiated a share buy-back programme of up to DKK 1.4 billion (ref. Company Announcement no. 12-2025). Under the share buy-back programme, FLSmidth may repurchase shares up to a maximum amount of DKK 1.4 billion, and no more than 4,600,000 shares, corresponding to approximately 8 percent of the share capital of the company. The share buy-back programme will be executed in accordance with Article 5 of Regulation ...

 PRESS RELEASE

Correction to Company Announcement no. 15-2025: Transactions under sha...

Correction to Company Announcement no. 15-2025: Transactions under share buy-back programme COMPANY ANNOUNCEMENT NO. 16-2025 FLSmidth & Co. A/S 9 July 2025 Copenhagen, Denmark In Company Announcement no. 15-2025, the dates in the table were shown incorrectly. These have now been amended. On 25 June 2025, FLSmidth & Co. A/S (FLSmidth) initiated a share buy-back programme of up to DKK 1.4 billion (ref. Company Announcement no. 12-2025). Under the share buy-back programme, FLSmidth may repurchase shares up to a maximum amount of DKK 1.4 billion, and no more than 4,600,000 shares, corres...

 PRESS RELEASE

Transactions under share buy-back programme

Transactions under share buy-back programme COMPANY ANNOUNCEMENT NO. 15-2025 FLSmidth & Co. A/S 9 July 2025 Copenhagen, Denmark On 25 June 2025, FLSmidth & Co. A/S (FLSmidth) initiated a share buy-back programme of up to DKK 1.4 billion (ref. Company Announcement no. 12-2025). Under the share buy-back programme, FLSmidth may repurchase shares up to a maximum amount of DKK 1.4 billion, and no more than 4,600,000 shares, corresponding to approximately 8 percent of the share capital of the company. The share buy-back programme will be executed in accordance with Article 5 of Regulation (...

 PRESS RELEASE

Transactions under share buy-back programme

Transactions under share buy-back programme COMPANY ANNOUNCEMENT NO. 14-2025  FLSmidth & Co. A/S 2 July 2025 Copenhagen, Denmark On 25 June 2025, FLSmidth & Co. A/S (FLSmidth) initiated a share buy-back programme of up to DKK 1.4 billion (ref. Company Announcement no. 12-2025). Under the share buy-back programme, FLSmidth may repurchase shares up to a maximum amount of DKK 1.4 billion, and no more than 4,600,000 shares, corresponding to approximately 8 percent of the share capital of the company. The share buy-back programme will be executed in accordance with Article 5 of Regulation (...

 PRESS RELEASE

FLSmidth sells its Air Pollution Control business to Rubicon Partners

FLSmidth sells its Air Pollution Control business to Rubicon Partners PRESS RELEASE 30 June 2025 Copenhagen, Denmark Today, FLSmidth announces that it has entered into an agreement to divest its Air Pollution Control (APC) business to Rubicon Partners, a UK-based investment partnership focused on the acquisition of complex industrial businesses. The transaction is expected to close during the second half of 2025 and includes all related assets, including intellectual property, technology, employees and order backlog. The divestment of the APC business follows the recent announcement of...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch