Colgate-Palmolive Company (CL)

About Colgate-Palmolive Company (CL)

Company Description:

 

Colgate-Palmolive Company is a global leader in consumer products focused on oral care, personal care, home care, and pet nutrition. The company operates through two main segments: Oral, Personal and Home Care; and Pet Nutrition.

Founded in 1806 by William Colgate, it originally started as a starch, soap, and candle business in New York City. Today, Colgate-Palmolive has its headquarters in New York, NY, United States, and is recognized for its focus on quality, sustainability, and social responsibility.

 

Main Product(s):

 

Colgate-Palmolive is renowned for its wide range of products including toothpastes, toothbrushes, soaps, shampoos, and pet foods. Its most famous brands are Colgate for oral care products, Palmolive for personal care products, and Hill's Pet Nutrition for pet food.

 

Short History of Colgate-Palmolive Company:

 

  • 1806 – William Colgate started the company in New York City.
  • 1928 – Colgate merged with Palmolive-Peet, forming Colgate-Palmolive-Peet Company.
  • 1953 – The company name was shortened to Colgate-Palmolive Company.
  • 1960s-70s – Expanded globally, entering markets in Europe, Asia, and Latin America.
  • 1987 – Acquired Softsoap, a liquid soap brand.
  • 2006 – Started the “Bright Smiles, Bright Futures” oral health education program.
  • 2010 – Acquired the majority of Tom's of Maine, a natural product company.
  • 2020 – Launched Colgate's first recyclable toothpaste tube.

Key Executives:

NameTitlePayExercisedYear Born
Mr. Noel R. WallaceChairman, CEO & President5.32M745.27k1964
Mr. Stanley J. Sutula IIIChief Financial Officer2.87MN/A1966
Ms. Jennifer M. DanielsChief Legal Officer & Secretary1.88M607.16k1964
Mr. Panagiotis TsourapasGroup President of Europe & Developing Markets2.03M530.87k1965
Ms. Prabha ParameswaranGroup President of Growth & Strategy2.03M283.26k1959
Mr. Stephan HabifChief Technology OfficerN/AN/AN/A
John FaucherChief Investor Relations OfficerN/AN/AN/A
Valerie HaliburtonVice President of Global Ethics & ComplianceN/AN/AN/A
Paula DavisVP & Chief Communications OfficerN/AN/AN/A
Scott CampbellVice President of Global MarketingN/AN/AN/A

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