Here are the DEF 14A proxy statements from Kimberly-Clark Corp. (KMB) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A DEF 14A covers the proxy statement, with executive pay and the shareholder votes, so if you follow KMB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full KMB filings page.
Kimberly-Clark Corporation is asking stockholders to vote at its virtual 2026 annual meeting on four key items: electing 13 directors, ratifying Deloitte & Touche as auditor, approving executive pay on an advisory basis, and a stockholder proposal for an independent board chair that the Board opposes.
The proxy highlights a transformational period, including a pending acquisition of Kenvue and a planned joint venture with Suzano for the International Family Care and Professional business, where Kimberly-Clark will retain a 49% interest. In 2025, net sales were $16.4 billion, down 2.1%, with organic sales up 1.7%, operating profit of $2.4 billion, adjusted operating profit of $2.7 billion, and adjusted EPS of $7.53. The company raised its dividend for the 54th consecutive year.
The Board is majority independent with a diverse mix of gender, tenure, and skills, and maintains an independent lead director structure. Executive pay is heavily performance-based; 2025 annual incentives paid below target after management fell short of financial and non-financial goals, while longer-term performance share units paid out at 150% of target. The proxy also details extensive sustainability goals toward 2030, including cutting greenhouse gas emissions and plastics usage, and reports meaningful progress on water, energy, and social impact initiatives.