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Kimberly-Clark Names John W. Culver to Board of Directors

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Kimberly-Clark Corporation (NYSE: KMB) has appointed John W. Culver to its board of directors, effective immediately. Culver, who is currently the group president at Starbucks, will also join the company's Audit Committee. His extensive experience in global markets, particularly in China and other regions, is expected to enhance board discussions on growth strategies. CEO Mike Hsu expressed that Culver's insights will be valuable as the company aims to accelerate growth in developing markets.

Positive
  • Culver's international experience at Starbucks could provide valuable insights for Kimberly-Clark's growth strategies.
  • His appointment may enhance the company's efforts to expand in developing and emerging markets.
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  • None.

DALLAS, Sept. 16, 2020 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE: KMB) today announced that John W. Culver was elected to its board of directors, effective immediately. Culver will serve on the company's Audit Committee.

"I am excited to add John and his perspective to our board of directors," said Mike Hsu, Chairman and CEO of Kimberly-Clark. "His global leadership experience at Starbucks, including leading the growth of the Starbucks brand in China, will contribute to our board conversations as we execute our strategy to accelerate growth in developing and emerging markets and elevate our core categories."

Mr. Culver currently serves as Starbucks group president of International, Channel Development and Global Coffee, Tea and Cocoa, and is a member of the Starbucks executive leadership team. He has responsibility for leading Starbucks retail growth and operations in 60 markets across China, Asia Pacific and Europe, Middle East and Africa (EMEA), as well as global growth and business development for its Channel Development business which includes Consumer Packaged Goods (CPG), Foodservice and Evolution Fresh. He also has the additional responsibility of leading the growth and development of Starbucks coffee, tea and cocoa businesses. Mr. Culver serves on multiple boards across Starbucks international markets.

A graduate of Florida State University, Mr. Culver is a member of the College of Business Hall of Fame. He also has a strong commitment to supporting our military veterans and currently serves on the board of directors of The Mission Continues, a national, nonpartisan nonprofit that empowers veterans to continue their service, leveraging their talent and skills to generate visible impact for communities.

About Kimberly-Clark
Kimberly-Clark 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, 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 148-year history of innovation, visit Kimberly-Clark.com.

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Cision View original content:http://www.prnewswire.com/news-releases/kimberly-clark-names-john-w-culver-to-board-of-directors-301132659.html

SOURCE Kimberly-Clark Corporation

FAQ

Who is John W. Culver and why was he appointed to Kimberly-Clark's board?

John W. Culver is the group president at Starbucks and has been appointed to Kimberly-Clark's board to provide insights from his extensive experience in international markets.

What role will John W. Culver play in Kimberly-Clark?

Culver will serve on Kimberly-Clark's Audit Committee, leveraging his leadership skills to contribute to board discussions.

How might Culver's appointment impact Kimberly-Clark's growth?

Culver's background in global retail operations, particularly in China, may help Kimberly-Clark strengthen its growth strategies in emerging markets.

When did Kimberly-Clark announce John W. Culver's appointment?

Kimberly-Clark announced John W. Culver's appointment on September 16, 2020.

Kimberly-Clark Corp.

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