Kimberly-Clark Corporation announced that CFO Maria Henry has decided to retire from the company. She joined Kimberly-Clark as CFO in 2015 and has played a significant role in the design and execution of the company's strategy.
Nelson Urdaneta, Senior Vice President, Treasurer at Mondelēz International, will succeed Henry as CFO and become a member of Kimberly-Clark's executive leadership team.
Urdaneta joins the company after nearly 17 years at Mondelēz, where he held numerous positions of increasing responsibility across multiple geographies, including Corporate Controller and Chief Accounting Officer, CFO of Asia Pacific and General Manager of Venezuela. Among his accomplishments at Mondelēz, Urdaneta oversaw the integration of the Cadbury business in Venezuela and led the finance transformation efforts in Asia Pacific to support the company's growth ambitions. He also served as a board member of Mondelēz's publicly traded joint ventures of JDE Peet's N.V. and Keurig Dr. Pepper Inc.
To ensure a smooth transition, Henry will continue at Kimberly-Clark in an advisory capacity until September 1.
Kimberly-Clark Corporation is an American multinational personal care corporation that produces mostly paper-based consumer products.
