Document


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549


FORM 8-K 


CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report: May 10, 2018
(Date of earliest event reported)


kclogoa01.jpg

KIMBERLY-CLARK CORPORATION
(Exact name of registrant as specified in its charter)



Delaware
1-225
39-0394230
(State or other jurisdiction of incorporation)
(Commission file number)
(I.R.S. Employer Identification No.)
 
 
 
P.O. Box 619100, Dallas, Texas
 
75261-9100
(Address of principal executive offices)
 
(Zip code)

Registrant’s telephone number, including area code: (972) 281-1200



Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company o

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o





Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On May 10, 2018, the Board of Directors of Kimberly-Clark Corporation elected Kimberly K. Underhill as the Corporation’s Group President, Kimberly-Clark North America, and today the Corporation announced that Larry P. Allgaier, the Corporation’s Group President, Kimberly-Clark North America, will depart the Corporation to pursue other opportunities. Mr. Allgaier will receive certain compensation and benefits consistent with the Corporation’s Severance Pay Plan.

Item 5.07    Submission of Matters to a Vote of Security Holders.

(a)    The Corporation held its 2018 Annual Meeting of Stockholders on May 10, 2018.

(b)
The stockholders (1) elected all of the company’s nominees for director, (2) ratified the selection of Deloitte & Touche LLP as our independent auditors for 2018 and (3) approved the compensation of our named executive officers on an advisory basis.

The final voting results on each of the matters submitted to a vote are as follows:

1.
Election of Directors:

Name
 
Votes
For
 
Votes
Against
 

Abstentions
 
Broker
Non-Votes
John F. Bergstrom
 
230,434,297

 
14,430,156

 
683,083

 
65,267,203

Abelardo E. Bru
 
237,760,664

 
7,077,433

 
709,450

 
65,267,203

Robert W. Decherd
 
237,443,886

 
7,412,116

 
691,546

 
65,267,203

Thomas J. Falk
 
231,060,569

 
10,412,739

 
4,074,228

 
65,267,203

Fabian T. Garcia
 
242,386,380

 
2,429,496

 
731,671

 
65,267,203

Michael D. Hsu
 
237,017,715

 
7,846,001

 
683,831

 
65,267,203

Mae C. Jemison, M.D.
 
237,558,749

 
7,365,735

 
623,063

 
65,267,203

James M. Jenness
 
239,703,523

 
5,159,457

 
684,566

 
65,267,203

Nancy J. Karch
 
239,380,480

 
5,527,356

 
639,711

 
65,267,203

Christa S. Quarles
 
243,663,310

 
1,228,301

 
655,936

 
65,267,203

Ian C. Read
 
240,986,478

 
3,845,630

 
715,439

 
65,267,203

Marc J. Shapiro
 
236,659,014

 
8,179,544

 
708,988

 
65,267,203

Michael D. White
 
243,394,820

 
1,335,437

 
817,291

 
65,267,203


2.
Ratification of Deloitte & Touche LLP as Independent Auditors for 2018:
Votes
For
 
Votes
Against
 

Abstentions
302,151,684

 
7,209,370

 
1,453,530



3.
Advisory Approval of Named Executive Officer Compensation:
Votes
For
 
Votes
Against
 

Abstentions
 
Broker
Non-Votes
233,772,477

 
9,695,290

 
2,079,778

 
65,267,203










SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
    
 
 
 
KIMBERLY-CLARK CORPORATION
 
 
 
 
 
Date:
May 11, 2018
 
By:
/s/ Grant B. McGee
 
 
 
 
Grant B. McGee
Vice President and Secretary