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KMB Kimberly Clark Corp

136.50
0.03 (0.02%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Kimberly Clark Corp NYSE:KMB NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.03 0.02% 136.50 136.97 135.78 135.89 1,687,376 01:00:00

Kimberly-Clark Hires Hillshire Brands' Former No. 2 as CFO

19/02/2015 12:30am

Dow Jones News


Kimberly Clark (NYSE:KMB)
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From May 2019 to May 2024

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   By Maria Armental 
 

Kimberly-Clark Corp. (KMB) has hired Hillshire Brands Co.'s former No. 2 as its chief financial officer.

Maria Henry, whose job was eliminated as part of Hillshire's merger with Tyson Foods Inc. (TSN) last year, will take over the post on April 27.

Kimberly-Clark's Chief Financial Officer Mark Buthman, 54 years old, plans to retired by the end of the year. Mr. Buthman, who worked at Kimberly-Clark for 33 years and held the CFO post since 2003, will retain the executive vice president title until he retires.

The 48-year-old Ms. Henry will be paid a base salary of $750,000 a year.

Kimberly-Clark, best known for its Huggies diapers, is restructuring operations. Last year, it spun off its health-care unit, now Halyard Health Inc. (HYH). As part of that plan, Kimberly-Clark said it would lay off between 1,100 and 1,300 workers.

Shares closed at $111.70 on Wednesday, up 6% over the past 12 months.

Write to Maria Armental at maria.armental@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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