Michael Hsu will join the company as president of North American Consumer Products. He joins K-C from Kraft Foods and succeeds Robert Abernathy who announced his intent to retire after more than 30 years with the company. Abernathy will remain with K-C through 2013 to oversee the European strategic changes announced last month.
"We have a great team in place to continue our growth momentum across our consumer categories and drive our business plan strategies across the globe," says chairman and CEO Thomas J. Falk.
"Robert leaves a strong legacy in our personal care and family care businesses in North America and Europe. Michael brings proven strategic, operational and innovation experience to build upon our strong consumer business. I'm thrilled to have someone with Mike's track record of delivering results and deep consumer products background join our team."
In other personnel news, K-C has named Nancy Loewe chief strategy officer and treature. She previously served a vice president and treasurer at K-C where she has worked since 2011.
"Nancy is an outstanding addition to our senior leadership team and will reach across boundaries for new ideas to improve our business," Falk says. "Nancy brings a global perspective to the chief strategy role having lived and worked in Japan, China, and The Netherlands. Her strong finance, general management and strategy experience makes her the ideal candidate to assist our businesses in developing new strategic priorities as we expand around the world."