Kimberly Clark:
clean up or out?
'Musical chair' exec moves.
Flat sales, losing mkt share
Kimberly Clark, the $19Bn personal hygiene brandmaker, recently held an investors' conference. CEO Mike Hsu's near 4yr tenure has not improved flat sales performance or market share, yet he announced +5-7% inflated growth forecast for 2022? Now he's changing the short time-serving exec team. How much longer will investors tolerate lack of progress for the iconic brand? Updated
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