Kimberly-Clark shareholders approve charter amendment limiting officer liability

KIMBERLY CLARK CORP

Stockholders approved Amended and Restated Certificate of Incorporation to limit personal liability of certain officers for breaches of fiduciary duty of care (not loyalty).
All 12 director nominees elected; Deloitte & Touche ratified as independent auditor for 2024.
Advisory vote on executive compensation approved: ~221.7M for, ~23.5M against.
Charter amendment also includes technical changes; effective May 2, 2024.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

KIMBERLY CLARK CORP: Amended and Restated Certificate of Incorporation to limit certain officer liability and make other technical changes, effective May 2, 2024 (effective 2024-05-02).

Change: charter amendment
Effective: 2024-05-02

Exact text from the filing

the stockholders of the Corporation approved the adoption of an Amended and Restated Certificate of Incorporation (the “Restated Certificate”) to limit certain officer liability as permitted by the Delaware General Corporation Law (“DGCL”) and to make other technical changes

View on SEC.gov

276 governance changes filed in the last 30 days. Browse all governance changes →

KIMBERLY CLARK CORP filing history →

Source: SEC EDGAR

accession 0000055785-24-000059

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.