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Executive Change

Filed Feb 25, 2019 · 7y ago · Accession 0000055785-19-000018

Plain English

Material event — a significant development the company must disclose promptly.

Read the source below for the full document.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: February 22, 2019 (Date of earliest event reported) KIMBERLY-CLARK CORPORATION (Exact name of registrant as specified in its charter) Delaware 1-225 39-0394230 (State or other jurisdiction of incorporation) (Commission file number) (I.R.S. Employer Identification No.)       P.O. Box 619100, Dallas, Texas   75261-9100 (Address of principal executive offices)   (Zip code) Registrant’s telephone number, including area code: (972) 281-1200 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company o If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  o Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers . On February 25, 2019, the Corporation announced that, after nearly thirteen years with Kimberly-Clark, including the past six years as President of Global Brands and Innovation, Anthony J. Palmer will depart the Corporation effective April 1, 2019 to pursue other opportunities. During his tenure, Mr. Palmer helped enhance Kimberly-Clark’s global brands, innovation and market leadership. Mr. Palmer will receive certain compensation and benefits substantially consistent with the Corporation’s Severance Pay Plan, including two times the sum of his annual base salary and the average of the last three years of his annual incentive awards, six months of COBRA medical continuation coverage, and post-employment participation in the Corporation’s employee assistance program. In addition, Mr. Palmer will be paid a pro-rated portion of his 2019 annual incentive award, based on his target payout level. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.       KIMBERLY-CLARK CORPORATION           Date: February 25, 2019   By: /s/ Grant B. McGee         Grant B. McGee Vice President and Secretary
Filing details
Ticker
KMB
CIK
55785
Form type
8-K
Filing date
Feb 25, 2019
Report date
Feb 22, 2019
Document
a8-kpalmerdeparture.htm
Size
45 KB