Kimberly-Clark Keeps Urdaneta CFO After Kenvue Deal

Kimberly-Clark said CFO Nelson Urdaneta will continue as finance chief for the combined company following its pending acquisition of Kenvue. The company also named Mike Hsu as CEO and executive chairman, with Russ Torres continuing as group president and chief operating officer.

The leadership changes are tied to Kimberly-Clark’s $40 billion acquisition of Kenvue, expected to close in the latter half of 2026 subject to regulatory approval. After closing, the combined business will operate in four segments: North America; Asia Pacific Focus Markets; Europe, Middle East and Africa; and Enterprise Markets covering Latin America, India, Southeast Asia markets, and Japan.