Member access

4-Traders Homepage  >  Shares  >  Nyse  >  Colgate-Palmolive Company    CL   US1941621039

Delayed Quote. Delayed Nyse - 04/24 03:26:41 pm
66.315 USD   +0.68%
15h ago COLGATE PALMOLIVE : Patent Issued for Toothbrush
2d agoCOLGATE-PALMOLIVE COMPANY : quaterly earnings release
2d agoDJGlaxo Exits Cancer Drugs
SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 

Colgate-Palmolive Company : Colgate CEO Cook's 2012 Total Compensation Up 4.5% From 2011

03/27/2013 | 03:22pm US/Eastern
Recommend:
0
   By Paul Ziobro 
 

Colgate-Palmolive Co. (CL) Chairman and Chief Executive Ian Cook received total compensation valued at $14.8 million in 2012, a 4.5% increase from the prior year, according to a Securities and Exchange Commission filing released Wednesday.

A key driver of the pay increase was a 65% increase in his annual performance-based bonus to $4.1 million from $2.5 million in 2011, as the company's per-share earnings growth, excluding currency effects, topped goals. Organic sales growth of 5.8% at the toothpaste maker also helped boost Mr. Cook's performance-based pay.

Mr. Cook's 2012 pay package included a $1.2 million base salary, up slightly from the prior year. His $7.8 million in stock and option awards fell from $8.8 million in 2011, while the change in pension value and non-qualified deferred compensation earnings rose slightly to $1.3 million.

Mr. Cook received $272,793 in other compensation, which includes company contributions to savings accounts and life insurance premiums, down slightly from the prior year.

Colgate's sales have been thriving of late as it pushes deeper into attractive emerging markets like India and Latin America. It expects to post double-digit earnings growth this year and organic sales growth of 7%, helped by a slate of new products and improvement from its Hill's pet food business.

Colgate shares closed down 0.5% Wednesday at $116.72, but they are still up 20.7% over the last 12 months. Earlier this month, Colgate announced plans for a two-for-one stock split that goes into effect on April 23.

Write to Paul Ziobro at paul.ziobro@dowjones.com

Recommend :
0
React to this article
Latest news on COLGATE-PALMOLIVE COMPANY
15h ago COLGATE PALMOLIVE : Patent Issued for Toothbrush
2d agoCOLGATE-PALMOLIVE COMPANY : quaterly earnings release
2d agoDJGlaxo Exits Cancer Drugs
3d ago Consumer firms adapt to win over emerging markets' middle classes
3d ago COLGATE PALMOLIVE : Quarterly Earnings Release, Awards, Company Updates, Social ..
3d ago COLGATE PALMOLIVE : Assigned Patent
4d agoDJMARKET SNAPSHOT : Long View On Stocks Is Best During Weak Earnings Season
04/17 COLGATE PALMOLIVE : Assigned Patent
04/17 COLGATE PALMOLIVE : ex-dividend day
04/16 PROCTER & GAMBLE : Startup tech gets right click from global big bucks
Advertisement
Chart
Duration : Period :
Colgate-Palmolive Company Technical Analysis Chart | CL | US1941621039 | 4-Traders
Income Statement Evolution
Colgate-Palmolive Company : Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF