Supplier News Breaks Archives
Kimberly-Clark names new North America president
November 15th, 2012
DALLAS – Former Kraft Foods executive Michael Hsu has joined Kimberly-Clark Corp. as president of the company's North America Consumer Products unit.
Kimberly-Clark said Thursday that the 48-year-old Hsu succeeds Robert Abernathy, 58, who announced his intent to retire after more than 30 years with the company.
Plans call Abernathy to remain with Kimberly-Clark through 2013 to oversee the European strategic changes announced last month in the company's earnings call.
Abernathy and Hsu will report to chairman and chief executive officer Thomas Falk.
"We have a great team in place to continue our growth momentum across our consumer categories and drive our business plan strategies across the globe," Falk stated. "Robert leaves a strong legacy in our personal care and family care businesses in North America and Europe. Michael brings proven strategic, operational and innovation experience to build upon our strong consumer business. I'm thrilled to have someone with Mike's track record of delivering results and deep consumer products background join our team."
At Kraft Foods, Hsu most recently served as executive vice president and chief commercial officer. In his four-year tenure at Kraft, he also served as president of the grocery business unit and president of sales, customer marketing and logistics.
Before joining Kraft, he spent six years in senior executive positions at H.J Heinz Co. He also had a 10-year career as a consultant with Booz Allen & Hamilton, rising from associate to partner.