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Kimberly-Clark announces Maria Henry’s retirement; Nelson Urdaneta to take over as CFO

Kimberly-Clark’s chief financial officer Maria Henry is retiring from the company. Henry joined the company as CFO in 2015. She has played a significant role in the design and execution of the company’s strategy.

“Maria leaves a tremendous legacy that’s broad and deep,” said chairman and CEO Mike Hsu. “Her strategic contributions and financial stewardship have positioned the company well for years to come. Personally, I’m grateful to Maria for her strong partnership since I became CEO. On behalf of K-C, we thank Maria for her commitment to our shareholders and her lasting positive impact on our people and our business.”

Nelson Urdaneta is joining the company’s executive leadership team as the new CFO after Kimberly-Clark’s earnings call on April 22. Urdaneta currently holds the position of senior vice-president at Mondelez International.

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

Urdaneta comes into Kimberly-Clark after nearly 17 years at Mondelez. At Mondelez, he has held numerous positions of increasing responsibility across multiple geographies.

“Nelson brings to Kimberly-Clark strong global and operational leadership as well as breadth of experience across all financial disciplines,” said Hsu. “He’s the ideal leader to take the helm of our Global Finance organization. I’m looking forward to his leadership and partnership in driving our long-term growth ambitions and delivering meaningful shareholder value.”

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

“It has been a privilege to be part of the great team at Kimberly-Clark,” said Henry. “I’m proud of what we have accomplished together, including building a strong foundation for future growth. I remain optimistic about Kimberly-Clark’s future, and I’m pleased to see a high-caliber leader like Nelson step in as the next CFO of the company.”