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FLSmidth: Announcement of CEO Succession Plan

Thomas Schulz will be appointed new Group Chief Executive Officer (CEO) of FLSmidth & Co. A/S and is expected to take up his new position no later than 1 June 2013. Thomas Schulz, age 47, is a German citizen and has since 1998 been part of Sandvik (Svedala Industries), currently as President of Sandvik’s Construction business area and member of Sandvik’s Executive Management Group, based in Sweden. From 2005 to 2011, Thomas Schulz was based in Germany, Sweden and Singapore as President of Construction and Senior Vice President of Mining and Construction. Thomas Schulz is MSc & PhD in Engineering from the Technical University of Aachen/DE with a dissertation in Mineral Mining and Quarrying. (12/2012)

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