Company Announcement to the Danish Financial Supervisory Authority No.
06-2014, 7 March 2014.
FLSmidth & Co. A/S appoints Mr Lars Vestergaard as new Chief Financial Officer
(CFO) and member of Group Executive Management. Mr Lars Vestergaard succeeds Mr
Ben Guren who has decided to leave the company due to personal reasons as per 7
Lars Vestergaard, aged 39 and a Danish citizen, will take up the position as CFO
1 April 2014. Mr. Brian Iversen, Vice President Corporate Finance, FLSmidth will
be acting CFO until Lars onboards.
Lars Vestergaard holds a Master of Science in Business Management and brings
with him international experience in the role as CFO as well as international
experience in change management, IT management and treasury from his various
management positions in Carlsberg (2004-2014) and the global facility service
provider ISS (2000-2004).
"I would like to welcome our new CFO, Lars Vestergaard, and I am very pleased
that we have managed to find a very talented performance driven new CFO with
unique competences and the right mind set for FLSmidth. At the same time I would
like to thank Ben Guren for his important contribution to FLSmidth during the
past years," says Vagn Sørensen, Chairman of the Board of Directors, FLSmidth &
"I am very honoured and excited to be offered the Group CFO position in
FLSmidth. With more than 130 years of engineering history and extensive global
presence, this is a unique opportunity that I couldn't resist, and I am really
looking forward to get started on 1 April," says Lars Vestergaard.
Please address any questions regarding this announcement to Chairman of the
Board of Directors Vagn Sørensen, FLSmidth & Co. A/S at +45 36 18 18 00.
For further information about FLSmidth, please visit www.flsmidth.com.
On behalf of the Board of Directors
Chairman of the Board of Directors, FLSmidth & Co. A/S
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