Kimberly-Clark Sets Four Segments, Guides $31.6B Combined Business with New CEO-COO Duo
Upon closing its acquisition of Kenvue, Kimberly-Clark will operate four segments—North America ($18 billion sales), Asia Pacific Focus Markets ($4.3 billion), EMEA ($5 billion) and Enterprise Markets ($4.3 billion)—to align market operations with central functions. Mike Hsu will serve as CEO and Russ Torres as COO to steer integration of the $31.6 billion firm.
1. Post-Acquisition Structure
Upon closing, the combined company will organize into four business segments: North America (approx. $18.0 billion annual sales), Asia Pacific Focus Markets (approx. $4.3 billion), EMEA (approx. $5.0 billion) and Enterprise Markets (approx. $4.3 billion). Each segment will own end-to-end market operations supported by centralized functions delivering capabilities at speed.
2. Senior Leadership Appointments
Mike Hsu will continue as Chairman and CEO of the combined firm, with Russ Torres appointed Group President and COO. Direct reports to the CEO include Nelson Urdaneta as CFO, Stacey Valy Panayiotou as Chief Human Resources Officer and Jeff Melucci as Chief Strategy, Business Development and Administrative Officer, alongside regional presidents for each segment.
3. Integration Oversight and Timeline
Russ Torres will lead an Integration Management Office spanning over 30 workstreams to identify growth and efficiency priorities post-close. The acquisition remains on track to close in the second half of 2026, subject to regulatory approvals and customary closing conditions.