FLSmidth appoints new Group Financial Officer

3/7/2014, 9:04 AM (Source: GlobeNewswire)

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 March 2014. 

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 & Co. A/S.  


"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

On behalf of the Board of Directors
Vagn Sørensen
Chairman of the Board of Directors, FLSmidth & Co. A/S

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: FLSmidth via Globenewswire

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