Management and Board

FLSmidth is managed by top professionals with years of experience in the engineering and financial worlds, as well as in the cement and minerals industries.

FLSmidth management and board

Group Executive Management

FLSmidth's Group Executive Management consists of experienced business people, each with a background and practical experience that matches FLSmidth's needs, challenges and practical issues.



Thomas Schulz, Group Chief Executive Officer

MSc (Engineering), PhD Mining Engineering (Dissertation in Mineral Mining and Quarrying), Group Chief Executive Officer, with FLSmidth since May 2013. Born 1965, German.

Formerly various managerial positions in Sandvik since 2001: Member of Group Executive Management (2011-2013), Chairman of SJL Shan Bao (2011- 2012), President of the Business Area Construction (2011-2012), President, Construction, and SVP, Mining and Construction (2005- 2011), Regional President Mining and Construction Central Europe (2001-2002). With Svedala, Germany (1998-2001). PhD from Technical University of Aachen (1999).

Lars Vestergaard, Group Executive Vice President & CFO

MSc (Economics and Management), Group Executive Vice President and CFO, with FLSmidth since April 2014. Born 1974, Danish.

Formerly with Carlsberg: Vice President and Chief Information Officer (2013-2014), Chief Financial Officer Carlsberg UK (2009-2013), Vice President, Treasury (2005-2009) and Director, Treasury (2004-2005). With ISS: Vice President, Treasury (2004) and Assistant Treasurer (2000- 2003). With Jyske Bank: Fixed Income Analyst (1997-2000).

Jan Kjaersgaard, Group Executive Vice President

MSc, Business Administration, Group Executive Vice President, Product Companies Division since March 2018. Born 1966, Danish.

Formerly with Bladt Industries A/S: Chief Executive Officer (2014-2018). With Siemens Wind Power: CEO, EMEA (2011-2014); CEO, Americas (2008-2011); CEO; Offshore (2006-2008); Director, Global Sales (2004-2008). With Bonus Energy A/S: Senior Vice President (2001-2004). With DS Stålkonstruktion A/S: Managing Director (1999-2001). With Aalborg Industries A/S: Group Vice President, Global Product Supply (1997-1999).

Brian M. Day, Group Executive Vice President

BSc, Sales recruiting and training, Leadership and business management, Group Executive Vice President, Customer Services Division since 1 January 2015. Born 1956, American.

Formerly various managerial positions in FLSmidth in the period 2007-2015: Senior Vice President, Global Customer Services, Minerals (2012-2015), Vice President, Global Customer Services, Minerals (2007-2012). With GL&V-Dorr Oliver Eimco, Vice President Aftermarket (2002-2007), Baker Hughes Inc., Aftermarket Manager (1991-2002), EIMCO Process Equipment Company, Product Engineer / Process Engineer (1980-1991).

Manfred Schaffer, Group Executive Vice President

Mechanical Engineering degree, IFL Executive Education, IMD People Development and Business Strategy, Group Executive Vice President, Minerals Division since January 2015. Born 1958, Austrian.

Formerly Group Executive Vice President, Mineral Processing Division, FLSmidth (2014-2015). Various managerial positions in Sandvik in the period 2003- 2013: Most recently as President, Mining Systems (2012-2013) and President, Surface Mining (2006-2012). With Voest-Alpine in the period 1979-2003 in various managerial positions.

Per Mejnert Kristensen, Group Executive Vice President

MSc (Mechanical Engineering), Bachelor of Commerce degree, International Trade, Graduate Diploma (Bus. Admin.), International Trade, GMP, CEDEP (INSEAD), Group Executive Vice President, Cement Division since March 2012, with FLSmidth since 1992. Born 1967, Danish.

Formerly Vice President, Head of Project Division EMEA/APAC, FLSmidth (2009-2012), Vice President, Head of Project Division 1, FLSmidth (2005-2008), General Manager, FLSmidth China (2000-2005), Chief Representative, Thailand, FLSmidth (1996-1999).