The appointment of Hsu as president and COO is part of a long-term executive leadership development and succession planning process to ensure Kimberly-Clark’s continued success, said the company. Thomas J. Falk will remain chief executive officer and chairman, and continue to lead and manage K-C at the enterprise level.
Hsu will be accountable for the day-to-day operations of K-C’s business units, along with the company’s global innovation, marketing and supply chain functions. Hsu and the company’s finance, legal and human resources functions will report to Falk. Hsu joined Kimberly-Clark in November 2012 and currently oversees the company’s nearly $8 billion North American personal care and consumer tissue businesses. Since joining K-C, he has reinvigorated the North American business, delivering excellent financial performance, improved market shares and strong innovation, marketing and sales execution.
Prior to joining K-C, Hsu was executive vice president and chief commercial officer at Kraft Foods. Before Kraft, he spent six years at H.J. Heinz. He launched his career in the consumer products industry as a consultant with Booz Allen & Hamilton, where he rose to partner in the firm’s consumer practice.