Kimberly-Clark names John Carmichael as North America president

DALLAS - Kimberly-Clark Corporation (NASDAQ:KMB), a consumer goods giant with a market capitalization of $45.1 billion, announced Thursday the appointment of John Carmichael as President, North America, effective September 15. According to InvestingPro data, the company’s stock has shown significant momentum with a 9.68% return over the past week. Carmichael will replace interim President Kurt Laufer, who will return to his previous position as President of U.S. Consumer Sales.

In his new role, Carmichael will oversee Kimberly-Clark’s personal care, family care, and professional businesses across the United States and Canada, reporting to Russ Torres, President and Chief Operating Officer. The company maintains strong financial health with a ’GOOD’ overall rating from InvestingPro, which has identified multiple positive factors including its impressive 52-year streak of consecutive dividend increases.

Carmichael joins Kimberly-Clark after a 30-year career at Nestlé, most recently serving as President and CEO of Nestlé Canada. His previous roles included President of the Foods Division and President of the Beverage Division at Nestlé USA.

"John is a proven leader with impressive and relevant experience across categories, channels and geographies," said Torres in the company’s statement.

Carmichael holds a Bachelor of Arts in Political Science and an MBA in Marketing and Entrepreneurship, both from UCLA.

"I’m honored to join Kimberly-Clark and lead its North America business at such a pivotal moment," Carmichael said in the announcement.

Kimberly-Clark’s portfolio includes brands such as Huggies, Kleenex, Scott, and Kotex, which hold top market positions in approximately 70 countries, according to the company’s press release. The company has demonstrated solid financial performance with $19.7 billion in revenue over the last twelve months and maintains a healthy 36% gross profit margin. For deeper insights into KMB’s valuation and growth prospects, investors can access the comprehensive Pro Research Report available on InvestingPro, which covers over 1,400 US equities with detailed analysis and actionable intelligence.

In other recent news, Kimberly-Clark reported its second-quarter 2025 earnings, showcasing an earnings per share (EPS) of $1.92, which exceeded analyst expectations of $1.65 by 16.36%. However, the company reported a revenue of $4.16 billion, falling short of the anticipated $4.77 billion, resulting in a 12.79% miss. Goldman Sachs responded to these results by raising its price target for Kimberly-Clark from $140 to $145, maintaining a Buy rating. The firm emphasized Kimberly-Clark’s 5% volume-led growth during the quarter, marking its strongest volume growth in five years. This growth was attributed to resilient demand in its categories and successful innovation initiatives. Despite the revenue miss, the company’s performance in terms of earnings and volume growth has been positively noted by analysts.

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