
David Schepp is a veteran financial journalist with more than two decades of experience in financial news editing and reporting for print, digital, and multimedia publications.
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Kimberly-Clark Corporation (KMB) is a U.S.-based maker of personal care and household products best known for products such as Huggies, Kleenex, Cottonelle, Scott, and Kotex. Founded in 1872 as a paper goods company in Neenah, Wisconsin, Kimberly-Clark has grown into a global business with products sold in more than 175 countries. The company is headquartered in Irving, Texas, and has roughly 40,000 employees worldwide.
The company has been led by Michael D. âMikeâ Hsu since 2019, when he was named chief executive officer. He was appointed board chair the following year. Hsu has focused on streamlining operations and developing more profitable product lines. Kimberly-Clarkâs core businesses include products for baby and child care, adult incontinence, feminine care, and tissue and paper products for consumers and workplaces.
In November 2025 Kimberly-Clark agreed to acquire Kenvue Inc., the former Johnson & Johnson (JNJ) consumer health spin-off and maker of Tylenol, Neutrogena, and Band-Aid products. The $48.7 billion cash-and-stock deal, expected to close in 2026, would create a company with about $32 billion in annual revenue, expanding Kimberly-Clarkâs reach into over-the-counter health and wellness products.
Because many of its products are single-use, Kimberly-Clark has faced scrutiny over environmental impact. The company has responded with sustainability goals aimed at cutting manufacturing emissions and increasing its use of recycled and renewable materials.
This article was most recently revised and updated by David Schepp