DALLAS, July 25 /PRNewswire-FirstCall/ -- Kimberly-Clark Corporation
(NYSE: KMB) today announced that Ian C. Read, senior vice president of
Pfizer Inc. and president of Pfizer's worldwide pharmaceutical operations,
has been elected to its board of directors, effective August 15.
Mr. Read, 54, has been in his current position since 2006. Pfizer is
one of the world's leading research based healthcare companies and Mr. Read
is responsible for Pfizer's global worldwide pharmaceutical business, which
had 2006 revenues of $45 billion and includes major brands such as Lipitor,
Celebrex and Viagra as well as new medicines for cancer (Sutent) and
smoking cessation (Chantix).
He joined Pfizer in 1978 in the company's financial organization. As
his career progressed he gained significant international experience. Mr.
Read worked in Latin America through 1995, holding positions of increasing
responsibility from chief financial officer in Pfizer's Mexico operations
to country manager in Brazil, home of the company's largest subsidiary in
Latin America. He was appointed president of the Pfizer International
Pharmaceuticals Group, Latin America/Canada in 1996 and in 2000 was named
executive vice president of Europe/Canada. Mr. Read was named a corporate
vice president in 2001.
"We are delighted that Ian Read will be joining our board," said Linda
Johnson Rice, chairman of the Nominating and Corporate Governance Committee
of the Kimberly-Clark board of directors and president and chief executive
officer of Johnson Publishing Company. "His understanding of today's
complex global marketplace adds valuable expertise to the board."
Thomas J. Falk, chairman and chief executive officer of Kimberly-Clark
said, "Ian's strong background in marketing, sales, operations and
financial management, combined with his vast international experience, will
greatly benefit the company as we take K-C to the next level of performance
as a premier global health and hygiene company."
Mr. Read received his bachelor's degree in chemical engineering from
London University Imperial College in 1974 and earned his Chartered
Accountants certification from the Institute of Chartered Accountants of
England and Wales in 1978.
About Kimberly-Clark
Kimberly-Clark and its well-known global brands are an indispensable
part of life for people in more than 150 countries. Every day, 1.3 billion
people -- almost a quarter of the world's population -- trust K-C brands
and the solutions they provide to enhance their health, hygiene and well
being. With brands such as Kleenex, Scott, Huggies, Pull-Ups, Kotex and
Depend, Kimberly-Clark holds the No. 1 or No. 2 share position in more than
80 countries. To keep up with the latest K-C news and to learn more about
the company's 135-year history of innovation, visit
http://www.kimberly-clark.com.
SOURCE Kimberly-Clark Corporation
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Related links:
http://www.kimberly-clark.com
Photo Notes:
NewsCom: http://www.newscom.com/cgi-bin/prnh/19991117/KMBLOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
CONTACT:
media, Dave Dickson, +1-972-281-1481,
ddickson@kcc.com, or investors, Mike Masseth, +1-972-281-1478,
mmasseth@kcc.com, both of Kimberly-Clark Corporation
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