Colgate-Palmolive Company Announces Executive Changes
March 11, 2021 at 04:30 pm EST
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Colgate-Palmolive Company announced that Kimberly A. Nelson, former Senior Vice President, External Relations of General Mills Inc., has been elected to the company’s board of directors effective immediately. The company also announced that Helene D. Gayle will retire from the board effective May 7, 2021 at the end of her current term. Kimberly A. Nelson brings extensive business leadership experience with a strong focus on sustainability and social responsibility to the company’s board. During her nearly 30-year career at General Mills Inc., Nelson held several senior brand and general management roles, including serving as President of the Snack Food Division, before becoming Senior Vice President, External Relations in 2010. In that global role, she led sustainability, consumer relations, corporate branding and communications, government affairs and public policy, and external stakeholder relations. Nelson also served as President of the General Mills Foundation from 2011 until her retirement from General Mills Inc. in 2018. Helene D. Gayle, President and Chief Executive Officer of The Chicago Community Trust, will not stand for re-election to the board of directors at the company’s 2021 annual meeting in light of her desire to retire as a director at the end of her current term.
Colgate-Palmolive Company is one of the worldwide leaders in the manufacturing and marketing of cleaning and hygiene products. The group also products and sells pet food (dogs and cats). Net sales break down by family of products as follows:
- hygiene and cleaning products (78%): oral hygiene (toothpaste, toothbrushes, mouthwashes, etc.; Colgate brand), body care (soaps, shower gels, shampoos, conditioners, deodorants, shaving products, etc.; Palmolive, Speed Stick, Softsoap, etc.), household care, and linen care (dishwashing liquids, detergents, stain removers, fabric softeners, bleach, etc.; Palmolive, Ajax, Soupline, Suavitel, etc.). Net sales are distributed geographically as follows: North America (25.9%), Latin America (30.6%), Asia-Pacific (18.3%), Europe (18.1%), Africa and Eurasia (7.1%);
- cat and dog foods (22%; Hill's): world leader.