Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Change in Principal Accounting Officer.
At its meeting on September 26, 2017, the Board of Directors of
Colgate-Palmolive Company (the "Company") elected Henning I. Jakobsen, currently
Vice President and General Manager for the Company's Nordic Hub, as Vice
President and Corporate Controller of the Company, effective October 1, 2017.
Victoria Dolan, who has served as the Company's Corporate Controller since
February 2011, will continue as the Chief Transformation Officer of the Company.
Mr. Jakobsen, 57, joined the Company in 1989 and held key financial and
operating roles at the subsidiary and division levels, including Vice President,
Finance for the Company's U.S. operations, before leaving the Company in 2006 to
become Chief Financial Officer of Chr. Hansen, a Denmark-based multinational
bioscience organization. Mr. Jakobsen rejoined the Company in 2011 to lead the
Finance and Strategic Planning function of its European Division.
Item 5.04. Temporary Suspension of Trading Under Registrant's Employee Benefit
Change in Recordkeeper for Savings and Investment Plans.
On September 27, 2017, the Company received notice from the administrator of the
Colgate-Palmolive Company Employees Savings and Investment Plan (the "S&I Plan")
stating that the S&I Plan is changing its recordkeeper from one outside vendor
to another and, as a result, there will be a limited time period during which
participants in the S&I Plan will be unable to direct or diversify investments
in their S&I Plan accounts, or obtain a loan, withdrawal or distribution from
the S&I Plan (the "S&I Plan Blackout Period"). The S&I Plan Blackout Period will
begin at 3 p.m. Eastern Time on October 30, 2017, and is expected to end at 8
a.m. Eastern Time on November 6, 2017. The S&I Plan Blackout Period applies to
all investments in the S&I Plan, including investments in Company common stock.
Similar blackout restrictions will apply to participants in the
Colgate-Palmolive Puerto Rico Savings and Investment Plan.
On September 28, 2017, the Company notified its directors and executive officers
of the S&I Plan Blackout Period and the additional restrictions on trading in
Company common stock that apply to them during the S&I Plan Blackout Period
pursuant to Section 306(a) of the Sarbanes-Oxley Act of 2002 and Rule 104 of
Regulation BTR under the Securities Exchange Act of 1934, as amended.
During the S&I Plan Blackout Period and for a period of two years thereafter,
participants in the S&I Plan, security holders and other interested persons may
obtain, without charge, information regarding the S&I Plan Blackout Period,
including confirmation of the actual beginning and ending dates of the S&I Plan
Blackout Period, by contacting Kristine Hutchinson, Assistant General Counsel -
Corporate, at Colgate-Palmolive Company, 300 Park Avenue, New York, NY, 10022 or
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