Kimberly-Clark president North American Consumer Products promoted to president and COO

DALLAS  —  Kimberly-Clark on Wednesday named Michael Hsu, currently group president North American Consumer Products, to the role of president and COO and will join K-C's board of directors, effective Jan. 1, 2017.



The appointment of Hsu as president and COO is part of a long-term executive leadership development and succession planning process. Thomas Falk will remain CEO and chairman of the board 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.



"Mike is an outstanding leader with a passion for our business. He has a long track record of building great teams and delivering strong results at K-C and elsewhere in the consumer packaged goods industry," Falk said.  "I'm excited to work closely with Mike in his new role as we continue to execute our long-range Global Business Plan."



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, the company stated.



Prior to joining K-C, Hsu was EVP and chief commercial officer at Kraft Foods. Before Kraft, he spent six years at H.J. Heinz, holding the positions of VP marketing for Ore-Ida and Frozen Meals, and later as president for Foodservice. 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.



He holds a bachelor's degree from Carnegie-Mellon University and an MBA from the University of Chicago. He and his wife will relocate to Dallas.  



Kimberly-Clark expects to name a new group president of North American Consumer Products in the near future.