secwatch / observer

KIMBERLY CLARK CORP — fact timeline

Source-grounded facts extracted from KIMBERLY CLARK CORP's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

KMB KIMBERLY CLARK CORP JSON
Shareholder Votes

KIMBERLY CLARK CORP shareholders rejected Stockholder Proposal to Require Independent Board Chair at the 2026-05-14 meeting.

“4. Stockholder Proposal to Require Independent Board Chair: Votes For Votes Against Abstentions Broker Non-Votes 81,710,364 159,903,197 1,621,025 46,305,035”
Shareholder Votes

KIMBERLY CLARK CORP shareholders approved Advisory Approval of Named Executive Officer Compensation at the 2026-05-14 meeting.

“3. Advisory Approval of Named Executive Officer Compensation: Votes For Votes Against Abstentions Broker Non-Votes 227,376,231 14,569,707 1,288,692 46,305,035”
Shareholder Votes

KIMBERLY CLARK CORP shareholders approved Ratification of Deloitte & Touche LLP as Independent Auditors for 2026 at the 2026-05-14 meeting.

“2. Ratification of Deloitte & Touche LLP as Independent Auditors for 2026: Votes For Votes Against Abstentions 271,479,168 17,253,057 807,439”
Shareholder Votes

KIMBERLY CLARK CORP shareholders approved Election of Directors at the 2026-05-14 meeting.

“The final voting results on each of the matters submitted to a vote are as follows: 1. Election of Directors: Name Votes For Votes Against Abstentions Broker Non-Votes Sylvia M. Burwell 240,191,880 2,496,791 545,738 46,305,035”

Nelson Urdaneta changed role as Senior Vice President and Chief Financial Officer at KIMBERLY CLARK CORP.

“The Corporation’s Senior Vice President and Chief Financial Officer, Nelson Urdaneta, will act as the Corporation’s principal accounting officer effective upon Mr. Scribner’s departure on an interim basis and in addition to his current duties.”

Andrew Scribner departed as Vice President and Controller at KIMBERLY CLARK CORP.

“On May 1, 2026, Andrew Scribner, the Corporation’s Vice President and Controller, notified the Corporation that he will depart the Corporation effective May 22, 2026 to pursue other opportunities.”
Earnings Releases

KIMBERLY CLARK CORP reported first quarter 2026 results: revenue $4.2 billion, EPS $1.70. Guidance reaffirmed.

“on continuing operations and exclude the International Family Care and Professional ("IFP") business, which is reported as discontinued operations. • Delivered net sales of $4.2 billion, up 2.7 percent, with organic sales growth of 2.5 percent. • Gross margin was 36.8 percent; adjusted gross margin was 37.9 percent, down 60 basis points versus the prior year. •”
Governance Changes

KIMBERLY CLARK CORP: Amended By-Laws to remove certain details on specific committees that are generally addressed in applicable committee charters, including references to NYSE rules or requirements (effective 2025-05-30).

“On May 19, 2025, the Board amended the Company’s By-Laws effective upon the commencement of trading of the Common Stock on Nasdaq, to remove certain details on specific committees that are generally addressed in the applicable committee charters, including any references to NYSE rules or requirements.”

Jeffrey Melucci was elected as Chief Strategy, Business Development and Administrative Officer at KIMBERLY CLARK CORP.

“Also on May 1, 2025, the Board elected Jeffrey Melucci as Chief Strategy, Business Development and Administrative Officer, responsible for strategy, business development and other core corporate affairs and functions of the Corporation.”

Russell Torres was elected as President and Chief Operating Officer at KIMBERLY CLARK CORP.

“On May 1, 2025, the Board of Directors (the “Board”) of Kimberly-Clark Corporation (the “Corporation”) elected Russell Torres, 54, as President and Chief Operating Officer, effective May 1, 2025.”

Andrew S. Drexler departed as Vice President and Controller at KIMBERLY CLARK CORP.

“On that date, the current Vice President and Controller, Andrew S. Drexler, will assume a transitional role until he begins his retirement on June 6, 2025.”

Andrew Scribner was elected as Vice President and Controller at KIMBERLY CLARK CORP.

“On January 28, 2025, Kimberly-Clark Corporation (the “Corporation”) announced that Andrew Scribner, 46, will be elected Vice President and Controller of the Corporation, effective June 1, 2025.”

Joseph Romanelli was elected as independent member of the Board at KIMBERLY CLARK CORP.

“On November 13, 2024, the Board of Directors (the “Board”) of Kimberly-Clark Corporation (the “Corporation”) elected Joseph Romanelli, 51, as an independent member of the Board”
Governance Changes

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).

“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”
Earnings Releases

KIMBERLY CLARK CORP reported first quarter 2024 results: revenue $5.1 billion, EPS $1.91. Guidance raised.

“--- EX-99.1 2 kmbq120248kex-991.htm EARNINGS RELEASE Document Exhibit 99.1 Kimberly-Clark Announces First Quarter 2024 Results and Raises 2024 Outlook Delivers net sales of $5.1 billion driven by 6 percent organic sales growth Strong EPS expansion driven by accretive innovation and productivity initiatives Company increases 2024 outlook to reflect solid start to”
Restructurings & Charges

KIMBERLY CLARK CORP announced a restructuring with charges of approximately $1.5 billion pre-tax.

“On March 25, 2024, Kimberly-Clark Corporation (the “Corporation”) approved a global transformation initiative intended to improve the Corporation’s focus on growth and reduce its structural cost base by (1) reorganizing the Corporation into three new segments, (2) making the corporate and regional overhead cost structures more efficient and (3) optimizing the Corporation’s global supply chain. Certain actions under the transformation initiative are being finalized for implementation. Actions contemplated under the transformation initiative have commenced in the first quarter of 2024 and are expected to be completed by December 31, 2026. The transformation initiative is expected to result in cumulative charges of approximately $1.5 billion pre-tax over that period.”

Grant McGee was elected as Senior Vice President and General Counsel at KIMBERLY CLARK CORP.

“On that same date, the Board elected Grant McGee to the position of Senior Vice President and General Counsel, effective February 1, 2024.”

Jeffrey Melucci was elected as Chief Business and Transformation Officer at KIMBERLY CLARK CORP.

“On January 30, 2024, the Corporation’s Board of Directors elected Jeffrey Melucci to the position of Chief Business and Transformation Officer, effective immediately.”
Earnings Releases

KIMBERLY CLARK CORP reported financial results for the period ended December 31, 2023.

“Attached and incorporated herein by reference as Exhibit 99.1 is a copy of the press release of Kimberly-Clark Corporation (the "Corporation"), dated January 24, 2024 reporting the Corporation’s results of operations for the period ended December 31, 2023.”
Earnings Releases

KIMBERLY CLARK CORP updated its third quarter 2023 guidance (raised).

“Attached and incorporated herein by reference as Exhibit 99.1 is a copy of the press release of Kimberly-Clark Corporation (the "Corporation"), dated October 24, 2023 reporting the Corporation’s results of operations for the period ended September 30, 2023.”

Deeptha Khanna was elected as Director at KIMBERLY CLARK CORP.

“On September 13, 2023, the Board of Directors (the “Board”) of Kimberly-Clark Corporation (the “Corporation”) elected Deeptha Khanna, 47, as an independent member of the Board, and also appointed her to the Board’s Audit Committee, effective immediately.”
Earnings Releases

KIMBERLY CLARK CORP reported second quarter 2023 results: revenue $5.1 billion, EPS $0.30. Guidance raised.

“Kimberly-Clark Announces Second Quarter 2023 Results Net sales up 1 percent, organic sales grew 5 percent Revenue Growth Management program and productivity drove continued margin recovery Company raises 2023 outlook DALLAS, July 25, 2023 - Kimberly-Clark Corporation (NYSE: KMB) today reported second quarter 2023 results. Comparisons are made versus the prior year period, unless otherwise noted. “We delivered another quarter of strong organic sales growth and gross margin expansion." said Chairman and CEO Mike Hsu. “Our growth strategy is working, and given the strength of our first-half results, we’re raising our full-year outlook." Hsu added, "Continued improvement in gross margin positions us well to invest in superior brand value propositions, including innovation and digital leadership, which will help grow our market shares over time and deliver balanced and sustainable growth for long-term shareholder value." Quarter Highlights • Delivered net sales of $5.1 billion, up 1 percent”
Earnings Releases

KIMBERLY CLARK CORP reported first quarter 2023 results: revenue $5.2 billion, EPS $1.67. Guidance raised.

“First quarter sales of $5.2 billion increased 2 percent, with organic sales up 5 percent, driven by a 10 percent increase in price and favorable product mix from ongoing revenue growth management programs offset by a 5 percent decrease in volume. Changes in foreign currency exchange rates decreased sales by approximately 4 percent. On a combined two year basis, organic growth increased 8 percent. In North America, sales increased 5 percent over last year, including increases of 2 percent in Personal Care, 5 percent in Consumer Tissue and 12 percent in K-C Professional. Outside North America, organic sales were up 4 percent in developing and emerging (D&E) markets and 10 percent in developed markets (Australia, South Korea and Western/Central Europe). Gross margin improved by 340 basis points to 33.2 percent, with higher net revenue realization and cost savings offsetting higher input costs of $160 million. First quarter operating profit was $787 million compared to $693 million last ye”
Shareholder Votes

KIMBERLY CLARK CORP shareholders approved Advisory Vote on the Frequency of Future Advisory Votes on Executive Compensation at the 2023-04-20 meeting.

“4. Advisory Vote on the Frequency of Future Advisory Votes on Executive Compensation: One Year Two Years Three Years Abstentions Broker Non-Votes 241,974,182 556,418 3,924,650 877,888 45,140,811”
Shareholder Votes

KIMBERLY CLARK CORP shareholders approved Advisory Approval of Named Executive Officer Compensation at the 2023-04-20 meeting.

“3. Advisory Approval of Named Executive Officer Compensation: Votes For Votes Against Abstentions Broker Non-Votes 232,096,882 13,811,085 1,425,171 45,140,811”
Shareholder Votes

KIMBERLY CLARK CORP shareholders approved Ratification of Deloitte & Touche LLP as Independent Auditors for 2023 at the 2023-04-20 meeting.

“2. Ratification of Deloitte & Touche LLP as Independent Auditors for 2023: Votes For Votes Against Abstentions 280,008,923 11,672,323 792,702”
Shareholder Votes

KIMBERLY CLARK CORP shareholders approved Election of Directors at the 2023-04-20 meeting.

“1. Election of Directors: Name Votes For Votes Against Abstentions Broker Non-Votes Sylvia M. Burwell 244,994,109 1,713,047 625,983 45,140,811 John W. Culver 245,018,018 1,633,150 681,970 45,140,811 Michael D. Hsu 234,358,790 11,837,205 1,137,143 45,140,811 Mae C. Jemison, M.D. 239,945,354 6,774,384 613,400 45,140,811 S. Todd Maclin 244,528,494 2,116,763 687,881 45,140,811 Deirdre A. Mahlan 245,007,960 1,690,207 634,971 45,140,811 Sherilyn S. McCoy 243,652,069 3,061,177 619,891 45,140,811 Christa S. Quarles 243,897,258 2,807,515 628,366 45,140,811 Jaime A. Ramirez 244,976,532 1,683,571 673,035 45,140,811 Dunia A. Shive 239,540,218 7,133,896 659,024 45,140,811 Mark T. Smucker 244,327,610 2,311,619 693,910 45,140,811 Michael D. White 245,117,574 1,161,558 1,054,006 45,140,811”
Earnings Releases

KIMBERLY CLARK CORP reported Full Year 2022 results: revenue $20.2 billion, EPS $5.72 per diluted share. Guidance initiated.

“Executive Summary • Fourth quarter 2022 net sales of $5.0 billion, even with the year-ago period, including organic sales growth of 5 percent. Full-year 2022 net sales of $20.2 billion increased 4 percent, with organic sales up 7 percent. • Diluted net income per share for the fourth quarter was $1.50 in 2022 and $1.06 in 2021. Full-year diluted net income per share was $5.72 in 2022 and $5.35 in 2021.”
Earnings Releases

KIMBERLY CLARK CORP reported Fourth Quarter 2022 results: revenue $5.0 billion, EPS $1.50 per diluted share. Guidance initiated.

“Executive Summary • Fourth quarter 2022 net sales of $5.0 billion, even with the year-ago period, including organic sales growth of 5 percent. Full-year 2022 net sales of $20.2 billion increased 4 percent, with organic sales up 7 percent. • Diluted net income per share for the fourth quarter was $1.50 in 2022 and $1.06 in 2021. Full-year diluted net income per share was $5.72 in 2022 and $5.35 in 2021.”

Maria Henry changed role as Executive Vice President at KIMBERLY CLARK CORP.

“the current Senior Vice President and Chief Financial Officer, Maria Henry will assume the title of Executive Vice President to serve in an advisory capacity until she begins her retirement on September 1, 2022.”

Nelson Urdaneta was appointed as Senior Vice President and Chief Financial Officer at KIMBERLY CLARK CORP.

“Nelson Urdaneta, age 49, has been appointed Senior Vice President and Chief Financial Officer of the Corporation, effective April 22, 2022.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.