FLSmidth & Co. nominates Tom Knutzen as next Board Chairman and Mads Nipper to join the Board as Vice-Chairman

– DENMARK, Copenhagen –  FLSmidth & Co. A/S today announced the nomination of current Vice-Chairman Tom Knutzen as new Board Chairman, succeeding current Chairman Vagn Sørensen of the Board of Directors effective from the AGM on 30 March 2022.

Mads Nipper is also nominated to join the Board and assume the role of Vice-Chairman, while Vagn Sørensen has decided to step down as Chairman of the Board and not seek re-election.

About Tom Knutzen

Tom Knutzen has been a member of the FLSmidth & Co. A/S Board of Directors since 2012 and is the current Vice-Chairman. He is also Chair of the Audit Committee and a member of the Nomination and Compensation Committee. Tom Knutzen’s distinguished career includes his current role as CEO of Jungbunzlauer Suisse AG, from which he has resigned effective end of April 2022, CEO of Danisco A/S, CEO of NKT Holding A/S, and non-executive Board positions with Nordea Bank AB, Chr. Augustinus Fabrikker A/S and Tivoli A/S.

About Mads Nipper

Mads Nipper is the current CEO of the multinational power company Ørsted, which develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage facilities, renewable hydrogen, and green fuels facilities, and bioenergy plants. Mads Nipper brings a strong international background within renewable energy, energy efficiency, water management, and water conservation, which are front and center of the FLSmidth MissionZero program. As a member of the World Economic Forum’s Alliance of CEO Climate Leaders, he leads the Power Working Group. He is also Co-Chair of the roundtable of hydrogen production under the European Clean Hydrogen Alliance and is Vice-Chair of the international food company Danish Crown.

About FLSmidth

FLSmidth provides sustainable productivity to the global mining and cement industries. We deliver market-leading engineering, equipment, and service solutions that enable our customers to improve performance, drive down costs and reduce environmental impact. Our operations span the globe and we are close to ~10,200 employees, present in more than 60 countries. In 2020, FLSmidth generated revenue of DKK 16.4 billion. MissionZero is our sustainability ambition towards zero emissions in mining and cement by 2030. FLSmidth works within fully validated Science-Based Targets, our commitment to keeping global warming below 1.5°C and to becoming carbon neutral in our operations by 2030.

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Talent4Boards Team