Member access

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

SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 

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

03/27/2013 | 03:22pm US/Eastern
   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

Recommend :
React to this article
1d ago COLGATE PALMOLIVE : rejigs top level management
3d ago COLGATE PALMOLIVE : New iPad Tablets Promise Hours of Fun for Pediatric Patients..
3d ago COLGATE PALMOLIVE : Patent Issued for Analysis of Substrates Having Agents Depos..
4d ago COLGATE PALMOLIVE : Assigned Patent
5d ago COLGATE PALMOLIVE : Harris Teeter, Colgate-Palmolive Donate Four Starlight Table..
08/14 COLGATE PALMOLIVE : Researchers Submit Patent Application, "Package of Oral Care..
08/14 COLGATE PALMOLIVE : Chemicotex to Set Up Toothpaste Plant
08/13 COLGATE PALMOLIVE : Patent Issued for Antiperspirant Active Compositions Having ..
08/13 COLGATE PALMOLIVE : Speed Stick Gear and Devin SuperTramp Debut New Video
08/11 COLGATE PALMOLIVE : Assigned Patent
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