Kimberly-Clark Appoints John Carmichael as President, North America
Rhea-AI Summary
Kimberly-Clark (NASDAQ: KMB) has appointed John Carmichael as President of North America, effective September 15th. Carmichael, who joins from Nestlé Canada where he served as President and CEO, will oversee KMB's personal care, family care, and professional businesses across the United States and Canada.
Carmichael brings 30 years of experience from Nestlé, where he demonstrated success in accelerating growth and business transformation. He succeeds interim President Kurt Laufer, who will return to his role as President of U.S. Consumer Sales. In his new position, Carmichael will report to Russ Torres, President and Chief Operating Officer of Kimberly-Clark.
Positive
- Appointment of highly experienced executive with 30 years at Nestlé
- Strong track record in business transformation and growth acceleration
- Extensive leadership experience across multiple consumer product categories
- Proven success in strategic acquisitions and scaling emerging businesses
Negative
- Transition period may cause temporary organizational adjustments
- Learning curve as new leader adapts to different industry dynamics
News Market Reaction 1 Alert
On the day this news was published, KMB gained 0.07%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
As President,
"John is a proven leader with impressive and relevant experience across categories, channels and geographies," said Torres. "He brings a strong track record of accelerating growth, transforming businesses and cultivating high-performance cultures. We are pleased to welcome him to Kimberly-Clark as we continue executing our Powering Care strategy. He will be a tremendous complement to our culture, values and mission."
Carmichael joins Kimberly-Clark after three decades at Nestlé, most recently serving as President and CEO of Nestlé
Prior to that role, Carmichael held several senior leadership positions at Nestlé
Carmichael holds a Bachelor of Arts in Political Science from UCLA and an MBA in Marketing and Entrepreneurship from the UCLA Anderson School of Management.
"I'm honored to join Kimberly-Clark and lead its
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About Kimberly-Clark:
Kimberly-Clark (NASDAQ: KMB) and its trusted brands are an indispensable part of life for people in more than 175 countries and territories. Our portfolio of brands, including Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, Goodnites, Intimus, Plenitud, Sweety, Softex, Viva and WypAll, hold No. 1 or No. 2 share positions in approximately 70 countries. Our company's purpose is to deliver Better Care for a Better World. We are committed to using sustainable practices designed to support a healthy planet, build strong communities, and enable our business to thrive for decades to come. To keep up with the latest news and learn more about the company's more than 150-year history of innovation, visit the Kimberly-Clark website.
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SOURCE Kimberly-Clark Corporation