Kimberly-Clark to Cut 12-13% of Workforce
The layoffs will add to last year's $450 million in cost savings as the personal care company continues to adjust to weak sales in North America.
Kimberly-Clark Misses on Sales, Profit Beats
Continued weakness in North America hurt Q3 sales but the company's cost-cutting helped drive a 3% gain in net income.
Currency Volatility Costs Highest In Three Years
Data from FiREapps suggest North American multinationals are struggling to adapt to global currency shifts.
Sustainable Products Fatten Corporate Coffers
For many large companies, revenues from sustainable products and services are growing much faster than overall sales.
Longtime CFO Mark Buthman: “I’m Ready for a Change”
Buthman, who has been with Kimberly-Clark for 33 years, the last 12 as CFO, wants some new challenges.
Writedowns Coming from Venezuela Exposures
S&P 500 companies with $11 billion in monetary assets in Venezuela could get hit hard by the country's currency controls.
Spin-offs Dent Credit Ratings
Shareholders may greet some spin-off transactions warmly, but creditors may see only downside risks.
Finance Pumps Up Cash Flow for Kimberly-Clark
The consumer-goods company offers a powerful example that the true value of finance, long a reactive function, lies in being proactive.
Kimberly-Clark Finance Chief to Staff: Think Like a CFO
Mark Buthman's 'Power of a CFO' mantra aims to instill a business-leader mindset in every team member.
Diversely Skilled CFO Rises to the Topps
Each of John Mueller's career stops provides a piece of the reason he may be uniquely qualified to run finance at the iconic trading-card maker.
Weathering the Weather
In the face of extreme weather and natural disasters, companies are reengineering their supply chains for added reliability.