Michael D. Hsu

A first, full fledged Chinese heading a fortune 500?

The new CEO (appointed) of Kimberly-Clark, will replace Thomas Falk on Jan. 1.

Pre opening, KMB was at $106, now is trading at $104, down about 2% – amid 497 points drop in Dow industrials, to 25,820 or 2% – just about the same.

There isn’t much personal info on Mr. Hsu, no wiki page on his either, except the following from his Company:

Hsu joined Kimberly-Clark in November 2012 and currently oversees the company’s nearly $8 billion North American Personal Care and Consumer Tissue businesses. Since joining K-C, he has reinvigorated the North American business, delivering excellent financial performance, improved market shares and strong innovation, marketing and sales execution.

Prior to joining K-C, Hsu was executive vice president and chief commercial officer at Kraft Foods. Before Kraft, he spent six years at H.J. Heinz, holding the positions of vice president, marketing for Ore-Ida and Frozen Meals, and later as president for Foodservice. He launched his career in the consumer products industry as a consultant with Booz Allen & Hamilton, where he rose to partner in the firm’s consumer practice.

He holds a bachelor’s degree from Carnegie-Mellon University and an MBA from the University of Chicago. He and his wife will relocate to Dallas.

Years ago, Motorola had an interim CEO from Hong Kong, I think was a Chen (?) and not sure if he succeeded to be the CEO. Mr. Hsu will be the first Chinese CEO (?). There are more than a dozen India CEOs in the US. A scientific breakthrough 科学性的突破, as a friend joked.

华人第一个?纸巾金伯利克拉克宣布新任首席执行官 Michael Hsu (徐? 许?)将于1月1日取代托马斯福尔克. 小徐 2012进入金佰利. 之前在 Kraft (卡夫)食品. 再之前是 Heinz (亨氏) 6年. 他毕业于卡内基-梅隆, 芝加哥的MBA. 他开始是在 Booz Allen & Hamilton 当顾问.

开盘前KMB是$106, 现在$104 – 不过整个市场都在拉稀 – 道琼斯工业平均指数下跌了497点.

多年前, 摩托罗拉有一位来自香港的临时首席执行官, 好像姓陈(?)不确定他最终是否升任首席执行官. 徐先生将成为第一位中国CEO(?). 在美国有十几位印度CEO. 科学性的突破, 一个幽默的朋友开玩笑说.

About The Kibbitzer

bio info .... mmmm ... still working on it ... will add soon ...
This entry was posted in Celestial Empire, Current Affairs, View from Bottom and tagged . Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *