What kind of company is kimberly clark

Russell C. Pres of North America Consumer Bus. Paul J. VP of Investor Relations. Jeffrey P. Chief Transformation of Bus. Cristina Garcia-Cervigon. Regional Managing Director of Austral. Tristram Wilkinson.

Pres of Asia Pacific Consumer Bus. With six planes in , Smith, then an executive vice-president for finance, suggested that company air travel be converted from a "cost center into a profit center" by offering corporate aircraft maintenance services. The fledgling airline, operated under the name Midwest Express, got off to a rocky start with a crash in Milwaukee, planes flying 80 percent empty, and large operating losses.

In , stating that the state had a bad climate for business, Smith relocated Kimberly-Clark's headquarters from Wisconsin to Texas. Starting in the late s, Kimberly-Clark began another diversification program--this time geographically, targeting Europe--although the company's largest international growth would come in the early and mids. To keep the company growing at a healthy pace, Smith began to increase Kimberly-Clark's presence in Europe in Meanwhile, the company further reduced its commodity papers operation in when it sold Spruce Falls Power and Paper.

The following year, Smith, the architect of Kimberly-Clark's restructuring and diversification efforts since , retired as chairman and was succeeded by Wayne R. The new chairman had worked his way up the ranks and had spearheaded the risky endeavor of developing Huggies Pull-Ups. The year also saw the introduction of Huggies Ultra Trim diapers.

Under Sanders's leadership, it appeared as if the company would divest itself completely of its commodity papers roots. Kimberly-Clark announced in late that it would explore the sale of its North American pulp and newsprint operations. The following year, however, the company decided not to sell because pulp and newsprint prices rose so high it no longer made economic sense to do so.

Kimberly-Clark did divest its cigarette papers business in mid by spinning it off into a company called Schweitzer-Maudit International Inc. In Sanders engineered the deal that would usher in a new era for the company: the merger of Kimberly-Clark with the Scott Paper Co.

The deal was the logical culmination of Kimberly-Clark's international expansion, since Scott was globally strong and held the number one position in tissue in Europe. The late s would be a period of transition for Kimberly-Clark as it worked to integrate the Scott Paper operations into its own. Principal Subsidiaries: Avent, Inc. China; Netherlands ; Kimberly-Clark Canada Inc.

Panama ; Kimberly-Clark Limited U. Spain; Netherlands ; Scott Paper Limited Canada; France ; Scott S. Italy ; Taiwan Scott Paper Corporation Pulp and Newsprint. James Press, As consumers, we often take for granted all the hard work that goes into building a great company. We see them around but we don't know what goes on behind the scenes. Finally, we can read about how these great companies came about with Company Histories.

Copyright c Company-Histories. All rights reserved. Privacy Policy. Volume 18, Today's Range Pricing Previous Close. Today's High. Today's Low. Shares Out MIL. Market Cap MIL. Latest Developments More. About Kimberly Clark Corp Kimberly-Clark Corporation is engaged in manufacturing and marketing a range of products made from natural or synthetic fibers using technologies in fibers, nonwovens and absorbency.

Executive Leadership Michael D. Key Stats 3. Return on Investment TTM. Return on Equity TTM. Latest News Latest News. Kimberly-Clark raises prices on Scott toilet paper, diapers in U. Kimberly-Clark to raise tissue, diaper prices in U. Kimberly-Clark quarterly sales beat estimates Kleenex-tissues maker Kimberly-Clark Corp on Wednesday reported better-than-expected quarterly sales, as it raised prices across the board to offset higher raw material and transportation costs.