Kimberly-Clark Announces Executive Leadership Changes

Rhea-AI Summary

Kimberly-Clark Corporation (NYSE: KMB) announced executive leadership changes aimed at strengthening its Asia Pacific consumer business. Tristram Wilkinson, with over 25 years of experience at Kimberly-Clark, will transition from President of EMEA to President of Asia Pacific, overseeing operations in over 30 countries, including China and India. He succeeds Aaron Powell, who is leaving for an external opportunity. Chairman and CEO Mike Hsu expressed confidence in Wilkinson's ability to drive growth in this key international region.

Positive

• Tristram Wilkinson brings over 25 years of experience, likely benefiting strategic growth in Asia Pacific.
• Leadership change may provide fresh perspectives and strengthen operations in the company's largest international market.

Negative

• Departure of Aaron Powell could lead to continuity challenges in the Asia Pacific region until a successor is appointed.

DALLAS, Aug. 26, 2021 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE:KMB) today announced a series of executive leadership changes in support of its global business.

Tristram Wilkinson, currently serving as President of Kimberly-Clark's Europe, Middle East and Africa (EMEA) consumer business, has been named President of the company's Asia Pacific consumer business, and will have responsibility for the company's largest international region with operations in more than 30 countries, including China, India, Australia, Korea and the ASEAN member states. 

Wilkinson will continue to report to Chairman and CEO Mike Hsu and will be based in Singapore. Wilkinson is succeeding Aaron Powell, who is departing the company for an external opportunity. A successor to Wilkinson will be named in the near future.

"Tris has more than 25 years of experience with Kimberly-Clark, and a proven record of driving results, and I'm confident he will continue the solid growth of our Asia Pacific business," said Hsu. "At the same time, I greatly appreciate Aaron's service to Kimberly-Clark including his leadership of our Kimberly-Clark Professional and Asia Pacific consumer businesses and his passion for building brands."

About Kimberly-Clark
Kimberly-Clark (NYSE: KMB) and its trusted brands are an indispensable part of life for people in more than 175 countries. Fueled by ingenuity, creativity, and an understanding of people's most essential needs, we create products that help individuals experience more of what's important to them. Our portfolio of brands, including Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Neve, Plenitud, Sweety, Softex, Viva and WypAll, hold the No. 1 or No. 2 share position in 80 countries. We use sustainable practices that support a healthy planet, build stronger communities, and ensure our business thrives for decades to come. To keep up with the latest news and to learn more about the company's nearly 150-year history of innovation, visit kimberly-clark.com.

[KMB-C]

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SOURCE Kimberly-Clark Corporation

FAQ

What recent leadership changes occurred at Kimberly-Clark?

Kimberly-Clark announced Tristram Wilkinson as President of Asia Pacific, succeeding Aaron Powell.

Why did Aaron Powell leave Kimberly-Clark?

Aaron Powell departed for an external opportunity, prompting a change in leadership.

What is Tristram Wilkinson’s experience with Kimberly-Clark?

Tristram Wilkinson has more than 25 years of experience with Kimberly-Clark, holding various leadership roles.

What responsibilities will Tristram Wilkinson have in his new role?

Wilkinson will oversee Kimberly-Clark’s operations in the Asia Pacific region, which includes more than 30 countries.

How might these leadership changes impact Kimberly-Clark's stock (KMB)?

The changes could positively influence growth in the Asia Pacific market but may also pose short-term continuity risks.