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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 |
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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