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 CEO

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 CFO

MSc (Economics and Management), Group 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, Cement President

MSc, Business Administration, Cement President, with FLSmidth 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).

Manfred Schaffer, Mining President

Mechanical Engineering degree, IFL Executive Education, IMD People Development and Business Strategy, Mining President, with FLSmidth since 2014. Born 1958, Austrian.

Formerly Group Executive Vice President, Minerals Division, FLSmidth (2015-2018) and 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.

Mikael Lindholm, Chief Digital Officer

MSc, Business Administration, Chief Digital Officer, with FLSmidth since May 2018. Born 1974, Swedish.

Formerly with Telenor Group: Vice President Internet of Things (2017-2018). With Telenor Connexion: Head of Asia-Pacific (2014-2017). With TAWI AB: 2011-2014. ). With Telenor Connexion: VP Market Expansion & Global Alliances (2008-2011). With Telenor ASA: Project Director (2006-2008). With Vodafone: Senior Global Account Manager (2003-2006). With Tieto Enator: Key Account Manager (2001-2003). With Bearingpoint: Management Consultant (1998-2001).