KIMBERLY CLARK CORP

Kimberly-Clark Corporation announced that Andrew Scribner, its Vice President and Controller, will depart the company on May 22, 2026, to pursue other opportunities. Following his departure, Nelson Urdaneta, the company's Senior Vice President and Chief Financial Officer, will assume the role of principal accounting officer on an interim basis, in addition to his existing responsibilities.

Kimberly-Clark Corporation reported strong first-quarter 2026 financial results with significant growth in net income and EPS, alongside progress on major strategic initiatives. The acquisition of Kenvue, Inc. received stockholder approval and is expected to close in the second half of 2026, involving approximately $6.7 billion in cash and 280 million shares. Additionally, the divestment of a controlling interest in the International Family Care and Professional (IFP) segment to a joint venture with Suzano S.A. for $1.7 billion is on track for mid-2026.

Kimberly-Clark reported first quarter 2026 results with net sales of $4.2 billion, a 2.7% increase, driven by 2.5% organic sales growth. Adjusted diluted EPS attributable to the company rose 2.1% to $1.97. The company reaffirmed its 2026 outlook for organic sales growth and highlighted its preparation for the Kenvue acquisition, aiming to unlock significant value creation. Strong productivity savings and resilient consumer demand fueled the performance despite macroeconomic uncertainty.