Search
 

Bronze AHA Award in Corporate Finance

KIMBERLY-CLARK CORP.

By Staff Writer | Updated on November 06, 2007

As $16.7 billion Kimberly-Clark Corp. implemented its global business plan and focused on growth in emerging markets, Jolene Varney, vice president and treasurer, saw an opportunity for her treasury team to play a more strategic role in the capital structure planning at the company’s 150 affiliates. One problem with the existing process was that treasury was often forced into a reactive, rather than proactive role, “because we were often not involved early enough,” says Varney. Moreover, the Dallas-based paper products company’s forecasting and budgeting process did not focus on balance sheet, cash flow and capital structure decisions at the affiliate level.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2024 ALM Global, LLC. All Rights Reserved.