Colgate Executive Javier Teruel to Retire
January 12 2007 - 8:00AM
PR Newswire (US)
NEW YORK, January 12, 2007 /PRNewswire-FirstCall/ -- The
Colgate-Palmolive Company (NYSE:CL) today announced that Javier G.
Teruel, Vice Chairman, has elected to retire on April 1, 2007 after
35 years of service. Mr. Teruel made major contributions to Colgate
in senior operating and corporate roles around the world. He has
served since 2004 as Vice Chairman with responsibility for
reviewing and sharpening the Company's worldwide strategy and
implementing Colgate's successful business building and
restructuring program. He has overseen corporate functions
including Research & Development, Information Technology,
Supply Chain, and Global Procurement, as well as the operations of
the Company's Hill's Pet Nutrition business. Mr. Teruel began his
Colgate career in 1971 in CP-Mexico, the Company's largest
subsidiary outside the U.S., and served as its President from 1993
to 1997, growing sales and profits significantly. Mr. Teruel was
President of CP-Europe from 1997 to 2000. He has served since 2005
as a Director of Starbucks Corporation. Mr. Teruel is returning to
his native Mexico. His current responsibilities will be assumed by
other senior Colgate executives. Reuben Mark, Chairman and CEO,
commented, "We are extremely grateful for Javier's many outstanding
contributions to Colgate's long-term success and wish him and his
wife Ofe much happiness in the future." * * * About
Colgate-Palmolive: Colgate-Palmolive is a leading global consumer
products company, tightly focused on Oral Care, Personal Care, Home
Care and Pet Nutrition. Colgate sells its products in over 200
countries and territories around the world under such
internationally recognized brand names as Colgate, Palmolive,
Mennen, Softsoap, Irish Spring, Protex, Sorriso, Kolynos, Elmex,
Tom's of Maine, Ajax, Axion, Soupline, and Suavitel, as well as
Hill's Science Diet and Hill's Prescription Diet pet foods. For
more information about Colgate's global business, visit the
Company's web site at http://www.colgate.com/. This press release
(other than historical information) may contain forward-looking
statements. Actual events or results may differ materially from
those statements. Investors should consult the Company's filings
with the Securities and Exchange Commission (including the
information set forth under the captions "Risk Factors" and
"Cautionary Statement on Forward-Looking Statements" in the
Company's Form 10-K for the year ended December 31, 2005) for
information about factors that could cause such differences. Copies
of these filings may be obtained upon request from the Company's
Investor Relations Department or the Company's web site at
http://www.colgate.com/. DATASOURCE: Colgate-Palmolive Company
CONTACT: Bina Thompson, +1-212-310-3072, or Hope Spiller,
+1-212-310-2291, both of Colgate-Palmolive Company Web site:
http://www.colgate.com/
Copyright
Colgate Palmolive (NYSE:CL)
Historical Stock Chart
From Jun 2024 to Jul 2024
Colgate Palmolive (NYSE:CL)
Historical Stock Chart
From Jul 2023 to Jul 2024