Since 1872, Kimberly-Clark’s 45,000 employees around the world are...
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DALLAS, April 29 -- At Kimberly-Clark's (NYSE: KMB) annual meeting here today, stockholders elected four directors to three-year terms expiring in 2002.
Members who were re-elected are John F. Bergstrom, chairman and chief executive officer of Bergstrom Corporation; Paul J. Collins, vice chairman of Citigroup Inc.; Robert W. Decherd, chairman of the board, president and chief executive officer of A. H. Belo Corporation; and Frank A. McPherson, retired chairman of the board and chief executive officer of Kerr-McGee Corporation. The Kimberly-Clark board has 12 members who are divided into three classes, each of which has four members serving three-year terms.
In other matters, stockholders approved the selection of Deloitte & Touche as independent auditor and voted for a stockholder proposal requesting that the board of directors consider whether all directors should be elected annually.
Kimberly-Clark Corporation is a leading global manufacturer of tissue, personal care and health care products. The company's global brands include Huggies, Pull-Ups, Kotex, Depend, Kleenex, Scott, Kimberly-Clark, Tecnol, Kimwipes and WypAll. Other brands well known outside the U.S. include Andrex, Scottex, Page, Popee and Kimbies. Kimberly-Clark also is a major producer of premium business, correspondence and technical papers. The company has manufacturing operations in 38 countries and sells its products in more than 150 countries.