This article was originally published in The Tan Sheet
Chief Operating Officer Ian Cook will succeed President William Shanahan upon his retirement Sept. 30, the firm reports. Colgate announced the appointment earlier this year, signaling Cook was a likely contender to replace CEO Reuben Mark, who said in 2004 he planned to step down in two to four years ("The Tan Sheet" Feb. 9, 2004, p. 7). Cook will retain his COO title. Separately, Colgate released its second quarter results July 27. Oral care, personal care and home care sales grew 11% to $2.46 bil., and operating profit in the segment was up 4% to $527.4 mil. Net sales for the quarter grew 10.5% to $2.84 bil., but net income including restructuring charges fell 8% to $342.9 mil...
You may also be interested in...
Colgate-Palmolive President and COO Ian Cook will take over the chief executive position after current Chairman and CEO Reuben Mark retires in 2007, according to Mark
Personal care and cosmetic product trademark filings compiled from the Official Gazette of the US Patent and Trademark Office, Class 3.
The Minnesota-based health care system announced the formation of Anumana Inc. to commercialize artificial intelligence-enabled algorithms and Lucem Health to curate data collected from remote monitoring devices.