FLSmidth has announced two departures from its executive leadership team.
Joshua Meyer will step down from his role as president of the mining service business line, and Annette Terndrup, the group’s general counsel, will also step down.
“For the past several years we have focused on defining our core and positioning the company for future growth, and both Josh and Annette have played instrumental roles in driving this transformation. Josh has helped transform our business model and structurally improved the Service business. We will continue to build on this to further accelerate our growth and simplify our operations,” said Mikko Keto, chief executive officer at FLSmidth.
“Throughout an impressive 21-year career with FLSmidth, Annette has led and contributed to several strategic activities, including the execution of many mergers, acquisitions and divestments. I would like to thank Josh and Annette for their many contributions to FLSmidth, and I wish them both all the best in their future endeavours.”
Meyer will finish at the end of December 2024, and Terndrup will depart the company at the end of February 2025. FLSmidth is conducting an ongoing process to find Meyer’s replacement.
It has also restructured its corporate operating model so the group general counsel will no longer be part of the executive leadership team but report to the chief executive officer.
While the search for Meyer’s replacement is ongoing, Alanas Kraujalis will support with day-to-day leadership of the service business line. Kraujalis currently serves as senior vice president and head of consumables and has been with FLSmidth for more than 10 years.