Kimberly-Clark Announces Executive Leadership Changes

Kimberly-Clark Corporation (NYSE: KMB) today announced executive leadership changes, effective November 1, 2020.

Jeff Melucci, currently Senior Vice President, Business Development and General Counsel, has been named as Chief Transformation, Business Development and Legal Officer, adding responsibility for the company’s transformation roadmap for further building its global organizational capabilities. This expanded role assumes the responsibilities of Achal Agarwal, who has announced his intent to retire at year end after 12 years with Kimberly-Clark and a nearly 40-year career. Melucci will continue to report to Mike Hsu, Kimberly-Clark Chairman and CEO.

In addition, Gonzalo Uribe has been named as President of Kimberly-Clark’s Latin American consumer business, and will also report to Hsu, with responsibility for the company’s consumer operations across Latin America. Since joining Kimberly-Clark in 2017, Uribe has built an impressive record of results leading the Andean region, and more recently the company’s North Latin America subregion. Prior to joining the company, Uribe held roles of increasing responsibility with Mondelez, Kraft, Cadbury and Nabisco. He succeeds Sergio Cruz, who has been named to a newly created leadership role reporting to Maria Henry, Chief Financial Officer, focused on strengthening the company’s digital business foundation and capabilities.

“I appreciate Achal’s many contributions to Kimberly-Clark, and I wish him continued success in retirement,” said Hsu. “At the same time, I welcome Jeff, Sergio and Gonzalo’s leadership in these important roles and know that each of them will help accelerate execution of our global business strategy.”
https://investor.kimberly-clark.com/news-releases/news-release-details/kimberly-clark-announces-executive-leadership-changes-1

Related Posts

International Paper to Convert Riverdale Paper Machine

International Paper (NYSE: IP) today announced plans to invest approximately $300 million to convert its No. 15 paper machine at the Riverdale Mill in Selma, Ala. from uncoated freesheet to high quality whitetop linerboard and containerboard. The conversion is targeted to be completed by mid-year 2019. The investment will add 450,000 tons of annual capacity, with flexibility to shift between containerboard products. Converting Riverdale No. 15 will position International Paper to grow its Industrial Packaging business, continue to provide attractive jobs to Riverdale team members and remain a significant supplier of uncoated freesheet in North America. "Our customers expect us to support their growth and this machine conversion will meet their needs," said Tim Nicholls, IP's senior vice president, Industrial Packaging the Americas. "Our Industrial Packaging business continues to focus on our customers in strategic channels including our box business, domestic and export containerboard and specialty grades."Click Read More below for additional detail.

Catalyst Applauds Government’s Decision to Eliminate Provincial Sales Tax on Electricity

Catalyst applauds the government’s commitment to eliminate the Provincial Sales Tax (PST) on electricity for commercial and industrial users in its 2017 budget update, which will assist in protecting jobs in British Columbia’s pulp and paper sector, says Len Posyniak, Senior Vice President, Human Resources & Corporate Services. Effective this fall, the PST on electricity for commercial and industrial users will be reduced from 7% to 3.5%. On April 1, 2019, electricity for commercial and industrial users will be fully exempt from the PST. Click Read More below for additional detail.

Ahlstrom-Munksjö completes the acquisition of majority stake in Chinese decor paper producer Minglian

Ahlstrom-Munksjö has successfully completed the acquisition of a 60% stake in Chinese decor paper producer Minglian New Materials Technology Co., Ltd. and forms a joint venture which comprises a state-of-the-art plant in the city of Xingtai, Hebei Province, China. A non-binding letter of intent with the majority shareholders was initially signed in November 2019 but the Covid-19 pandemic delayed the negotiations and closing of the transaction. By combining Minglian with its existing Decor business, Ahlstrom-Munksjö creates a global leader in decor papers with improved cost competitiveness and strong presence in Europe, Americas and Asia. The business combination allows Ahlstrom-Munksjö to leverage its brand and capabilities in the large and growing high-end decor paper market in China. It will strengthen Ahlstrom-Munksjö’s ability to serve international customers both in the short- and long term. Ahlstrom-Munksjö will provide technical and operational expertise to Minglian and strengthen Minglian’s customer offering and service in the domestic medium and high-quality segments as well as adjacent export markets. Minglian provides cost competitive manufacturing to the combined Decor business platform and opportunities to optimize production and extend further decor paper manufacturing capacities.
Back To Top
×Close search
Search