Kimberly-Clark Appoints CFO – Nonwovens Industry Magazine

Kimberly-Clark Corporation has announced that Chief Financial Officer Maria Henry has decided to step down from the business. She joined Kimberly-Clark as Chief Financial Officer in 2015 and has been instrumental in shaping and executing the company’s strategy.

“Maria leaves a tremendous, broad and deep legacy,” said Chairman and CEO Mike Hsu. “Her strategic contributions and financial management have positioned the company well for years to come. Personally, I am grateful to Maria for her strong partnership since I became CEO. On behalf of KC, we thank Maria for her commitment to our shareholders and its lasting positive impact on our employees and our business.”

Following the announcement of Kimberly-Clark’s results on April 22, Nelson Urdaneta, Senior Vice President and Treasurer of Mondelēz International, will succeed Henry as Chief Financial Officer and become a member of Kimberly-Clark’s management team.

Urdaneta joins the company after nearly 17 years with Mondelēz, where he held numerous positions of increasing responsibility across multiple geographies, including Controller and Chief Accounting Officer, Chief Financial Officer for Asia-Pacific, and General Manager for Venezuela. Among his accomplishments at Mondelēz, Urdaneta oversaw the integration of the Cadbury business in Venezuela and led financial transformation efforts in Asia Pacific to support the company’s growth ambitions. He also served as a board member of Mondelēz’s publicly traded joint ventures of JDE Peet’s NV and Keurig Dr. Pepper Inc.

“Nelson brings strong global and operational leadership to Kimberly-Clark as well as extensive experience across all financial disciplines,” said Hsu. “He is the ideal leader to take the helm of our Global Finance organization. I look forward to his leadership and partnership in delivering on our long-term growth ambitions and creating significant shareholder value.”

“From its iconic brands to its purpose-driven growth agenda, this is an exciting time to join Kimberly-Clark,” says Urdaneta. “I look forward to working with Mike and the rest of the management team to bring the company’s purpose to life and create value for our shareholders.”

To ensure a smooth transition, Henry will continue at Kimberly-Clark in an advisory capacity until September 1.

“It has been a privilege to be part of the wonderful team at Kimberly-Clark,” says Henry. “I’m proud of what we’ve accomplished together, including building a solid foundation for future growth. I remain optimistic about Kimberly-Clark’s future, and I’m delighted to see a high-caliber leader like Nelson becoming the company’s next chief financial officer.”