Billions of people choose our products each day to make a positive difference in their lives. That's a big responsibility and one we take seriously.
That commitment allows us to secure the trust of our shareholders, employees and other interested parties by managing our business responsibly. This means identifying and managing risks as well as seizing opportunities.
Our Board of Directors and Global Leadership Team are accountable for ensuring good corporate governance. Kimberly-Clark's board of directors has 11 independent members, in accordance with the New York Stock Exchange listing standards. Our chairman and CEO, Thomas Falk, and our COO, Michael Hsu, are the only board members not considered independent.
Our Audit, Nominating and Corporate Governance, and Management Development and Compensation Committees consist entirely of independent board members. Our Code of Conduct and corporate policies inform employees that we expect consistent, ethical behavior and compliance with applicable laws. Code of Conduct. The Code of Conduct and corporate policies apply worldwide.