New business line dedicated to pumps, cyclones and valves (PCV) and new President
27.03.2024To support the company's CORE’26 Mining strategy and to fuel the long-term growth ambitions, FLSmidth have established a dedicated business line for PCV, effective 1 February 2024. At the same time the responsibility for PCV will be elevated to Group Executive Management.
FLSmidth headquarters in Denmark
© FLSmidth
FLSmidth has a long-standing history within PCV and today holds a strong market position, especially with the core KREBS pumps portfolio. While this business has achieved good growth over the years, FLSmidth have clear ambitions to strengthen the market position even further with PCV. Realising the full potential within PCV requires dedicated management attention, investments and an independent organisational setup.
To lead the new PCV Business Line, Pat Turner is appointed President. Pat Turner has a long history at FLSmidth, having first joined the company in 1982. This includes having previously led the PCV business and significantly accelerated its growth. He also led the purchase of the millMAX pump line in 1999. In addition, he held various senior positions including leading the Mining Global Product Lines and President for the North American Region, the latter of which he held until 2022, where he left to pursue an opportunity outside FLSmidth.
“When we launched our CORE’26 strategy in early 2023, we called out PCV as a key strategic focus area. While our PCV business has delivered strong growth in recent years, it still holds significant untapped potential. Combined with what we believe are the best pumps in the market, I am fully convinced that we will deliver – or perhaps even exceed – our own ambitions for PCV in the long-term. And we could not ask for a better leader behind the steering wheel than Pat Turner, who has a deep understanding of the PCV business and market, and who I happily welcome back to FLSmidth”, comments Mikko Keto, Group CEO at FLSmidth.
Pat Turner comments: “I am very excited to return to FLSmidth and to help unlock our full potential within PCV. Energy efficiency and productivity are two of the most important factors driving the mining industry, and I firmly believe that our market-leading PCV technologies offer a unique value proposition to our customers.”