FLSmidth announces new corporate model

After five years with FLSmidth, Mikko Tepponen, chief digital officer & chief operations officer, will be leaving the company at the end of the month. Following his departure, the position will be eliminated.

“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,” said Mikko Keto, CEO at FLSmidth. 

“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.” 

With the role of CDO & COO eliminated, the respective responsibilities for Digital and Manufacturing will be transferred to other members of the executive team. Chief Financial Officer Roland M. Andersen 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. 

Going forward, FLSmidth 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

Source: FLSmidth

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