Private Equity
Names on the move ahead of the open. : Kimberly-Clark – The consumer products company named President and Chief Operating Officer Michael Hsu as its new CEO, effective in January. He'll replace Thomas Falk, who had been CEO since 2002 and will become executive chairman. Separately, company reported adjusted quarterly profit of $1.71 per share, 8 cents a share above estimates. The company also gave a full-year forecast range that is largely above Street forecasts, however it said that foreign currency translation will have a larger-than-expected negative sales impact.

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