FLSmidth CEO to retire

Thomas Schulz, 47, president of Sandvik Construction and a member of Sandvik’ executive management group, will take over from Huno Rasmussen no later than 1 June 2013.

Schulz, a German citizen, has been part of Sandvik (Svedala Industries) since 1998. He has an MSc and PhD in Engineering from the Technical University of Aachen, Germany with a dissertation in mineral mining and quarrying.