On March 25, 2020, Colgate-Palmolive Company announced that it has filed a definitive proxy statement soliciting proxies and urged the shareholders to vote against a proposal from Kenneth Steiner, requesting the Board of Directors adopt as policy, and amend the Company's governing documents as necessary, to require that the Chairman of the Board be an independent member of the Board whenever possible at the Company’s annual general meeting of shareholders scheduled to be held on May 8, 2020.