Executive shift at Kimberly-Clark (KMB) as CFO adds accounting role
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Kimberly-Clark Corporation reported that Vice President and Controller Andrew Scribner will leave the company effective May 22, 2026 to pursue other opportunities. Senior Vice President and Chief Financial Officer Nelson Urdaneta will serve as the company’s principal accounting officer on an interim basis in addition to his current duties.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
Notification date: May 1, 2026
Departure effective date: May 22, 2026
Form type: 8-K Item 5.02
3 metrics
Notification date
May 1, 2026
Date Scribner notified Kimberly-Clark of his departure
Departure effective date
May 22, 2026
Effective date of Andrew Scribner’s departure
Form type
8-K Item 5.02
Covers officer departure and interim accounting appointment
Key Terms
principal accounting officer, Item 5.02, Annual Report on Form 10-K, Proxy Statement
4 terms
principal accounting officer financial
"will act as the Corporation’s principal accounting officer effective upon Mr. Scribner’s departure"
The Principal Accounting Officer is the person responsible for making sure a company's financial records are accurate and follow the rules. They play a key role in preparing financial reports that show how well the company is doing. This helps investors, managers, and regulators trust the company's financial information.
Item 5.02 regulatory
"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers"
Annual Report on Form 10-K regulatory
"can be found in the Corporation's Annual Report on Form 10-K for the year ended December 31, 2025"
An annual report on Form 10‑K is a required, comprehensive filing that publicly traded companies give to regulators and investors summarizing their business, results of operations, detailed financial statements reviewed by independent auditors, material risks, legal issues and management’s discussion of performance. Investors use it like a company’s year‑end report card and medical checkup: it reveals how the business made money, where it is vulnerable, and the facts needed to compare value, judge risk and make informed investment decisions.
Proxy Statement regulatory
"and 2026 Proxy Statement"
A proxy statement is a document companies send to shareholders ahead of a meeting that lays out the items up for a vote—like who will sit on the board, executive pay, and major corporate decisions—and provides background so shareholders can decide how to cast their votes or appoint someone to vote for them. Think of it as an agenda plus a ballot and briefing notes, important because the outcomes can change control, strategy, and value.
FAQ
What leadership change did Kimberly-Clark (KMB) announce in this 8-K?
Kimberly-Clark announced that Vice President and Controller Andrew Scribner will depart the company. Senior Vice President and Chief Financial Officer Nelson Urdaneta will assume the role of principal accounting officer on an interim basis while continuing his existing responsibilities.
When is Kimberly-Clark executive Andrew Scribner leaving the company?
Andrew Scribner notified Kimberly-Clark on May 1, 2026 that he will depart effective May 22, 2026. This sets a short transition window before Senior Vice President and Chief Financial Officer Nelson Urdaneta assumes principal accounting officer duties on an interim basis.
Who will serve as Kimberly-Clark’s principal accounting officer after Scribner departs?
Senior Vice President and Chief Financial Officer Nelson Urdaneta will act as Kimberly-Clark’s principal accounting officer on an interim basis. He will hold this additional responsibility effective upon Andrew Scribner’s departure on May 22, 2026, while continuing as the company’s Chief Financial Officer.
What SEC item does Kimberly-Clark’s filing about Andrew Scribner relate to?
The disclosure about Andrew Scribner’s departure and Nelson Urdaneta’s interim role is provided under Item 5.02. This item covers departures of directors or certain officers, elections of directors, appointments of certain officers, and compensatory arrangements of certain officers.
Where can investors find more background on Kimberly-Clark CFO Nelson Urdaneta?
Information on Nelson Urdaneta’s business experience and related details is available in Kimberly-Clark’s Form 10-K for the year ended December 31, 2025 and in its 2026 proxy statement. The company points investors to those documents for his background and qualifications.
