Latest news with #Colgate-PalmoliveCompany
Business Wire
4 days ago
- Business
- Business Wire
Colgate-Palmolive Announces Executive Leadership Appointments
NEW YORK--(BUSINESS WIRE)--Colgate-Palmolive Company (NYSE:CL) today announced several executive leadership appointments that will take effect June 16, 2025. 50, will join Colgate-Palmolive in the newly created leadership role of Chief Operating Officer, Americas, overseeing the North America and Latin America regions. Mr. Grant is a recognized industry leader with a proven track record of achieving strong results. Mr. Grant joins Colgate-Palmolive from Group Danone, where he most recently held the position of Group Deputy CEO, CEO Americas and EVP Dairy, Plant-Based and Global Sales. Prior to Danone, Mr. Grant spent nearly 20 years with The Coca-Cola Company, where he held various leadership roles of increasing responsibility in category leadership, commercial and general management. Panagiotis (Panos) Tsourapas, 60, has been named Chief Operating Officer, Europe, Asia Pacific, Africa Eurasia, Skin Health & Global Customer Development. Mr. Tsourapas has demonstrated his leadership across a global career with Colgate-Palmolive in Customer Development, Marketing, general management and senior leadership roles. In 2020, Mr. Tsourapas was promoted to Group President, Latin America, Asia Pacific and Africa Eurasia and, in 2022 and 2024, his role was broadened to include Europe and Global Customer Development, respectively. John Hazlin, 55, has been named Chief Growth Officer. Mr. Hazlin will be responsible for leading the implementation of the 2030 Strategic Plan including initiatives focused on enterprise transformation and peer-leading capabilities. Mr. Hazlin will also be responsible for setting direction for our global categories and for the global growth functions, including Analytics, Design, Digital, Research & Development and Supply Chain. Currently President of the Company's Hill's Pet Nutrition business, Mr. Hazlin will continue to lead that organization until his successor is named. Stanley (Stan) Sutula III, 59, Chief Financial Officer, will now have additional responsibility for the strategic oversight of Global Information Technology and Mergers & Acquisitions. These areas have long-term strategic importance to the Company's growth and strategy, and Mr. Sutula's deep background and experience in driving transformation with technology and M&A make him an ideal choice for these added responsibilities. Prabha Parameswaran, 66, has been named Vice Chair. In this capacity, Ms. Parameswaran will collaborate closely with the leadership team to guide key enterprise priorities, which include the strategic focus on innovation, omni demand generation and scaling AI across the organization. She will continue to lead our sustainability and social impact strategy. Ms. Parameswaran, who had been Group President, Growth and Strategy, will serve as Vice Chair until her planned retirement on October 1, 2025. All of these leaders report to Noel Wallace, Chairman, President and Chief Executive Officer. Mr. Wallace commented, 'We continue to build capabilities, strengthen our team and refine our organizational structure to ensure we keep winning in the global markets and categories where we compete. As we move ahead with our 2030 strategy, this strong mix of leaders will build on our momentum to ensure we are positioned to reach our ambitious growth goals.' * * * Colgate-Palmolive Company is a caring, innovative growth company that is reimagining a healthier future for all people, their pets and our planet. Focused on Oral Care, Personal Care, Home Care and Pet Nutrition, we sell our products in more than 200 countries and territories under brands such as Colgate, Palmolive, elmex, hello, meridol, Sorriso, Tom's of Maine, EltaMD, Filorga, Irish Spring, Lady Speed Stick, PCA SKIN, Protex, Sanex, Softsoap, Speed Stick, Ajax, Axion, Fabuloso, Murphy, Soupline and Suavitel, as well as Hill's Science Diet and Hill's Prescription Diet. We are recognized for our leadership and innovation in promoting sustainability and community wellbeing, including our achievements in decreasing plastic waste and promoting recyclability, saving water, conserving natural resources and improving children's oral health through the Colgate Bright Smiles, Bright Futures program, which has reached approximately 1.8 billion children and their families since 1991. For more information about Colgate's global business and how we are building a future to smile about, visit CL-C
Yahoo
4 days ago
- Business
- Yahoo
Piper Sandler Reiterates Overweight Rating on Colgate-Palmolive Amid Tariff Strategy
Piper Sandler reiterated its $109 price target and Overweight rating on Colgate-Palmolive Company (NYSE:CL) on May 28. The update follows insights into Colgate's success and future prospects, which were shared during a recent meeting with John Faucher, Chief Investor Relations Officer, and Noel Wallace, the company's CEO. Colgate-Palmolive Company (NYSE:CL) appears to be managing the current tariff situation effectively, which was the main topic of discussion throughout the conference. The emphasis is now on the company's performance in various geographical areas, as well as the possibility of both favorable developments and difficulties that may affect the company's guidance. As it continues to manage tariff effects predicted to increase expenses by $200 million for the year, Colgate-Palmolive Company (NYSE:CL) plans to exit the private label sector by the third quarter of 2025. The company also disclosed continued investments in product development and supply chain management. While we acknowledge the potential of CL to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CL and that has 100x upside potential, check out our report about the cheapest AI stock. Read More: and . Disclosure: None. Sign in to access your portfolio
Yahoo
17-05-2025
- Business
- Yahoo
Jim Cramer Says Colgate-Palmolive 'Could Go Lower'
Colgate-Palmolive Company (NYSE:CL) was mentioned during the recent episode of Mad Money on May 14, and here's what Mad Money's host had to say: 'I've always believed that there are two consumer packaged goods companies that make a ton of sense whenever they go down, and that's Procter & Gamble and Colgate… Colgate's worse. Again, two points from its low, more than 20 points from its high, with amazing toothpaste and pet food businesses among so many others, but it only yields 2.37%. So why can't you buy it here? It could go lower. How does it bottom?' An array of toothpaste, toothbrushes, and mouthwashes on a bright background, highlighting the company's oral care products. Colgate-Palmolive (NYSE:CL) produces a variety of consumer goods focused on personal care, home care, and pet nutrition. The company's products are sold under several well-known brands and include items for daily use and specialized health needs. While we acknowledge the potential of CL to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CL and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: Jim Cramer Put These 8 Stocks Under a Microscope Recently and Jim Cramer Commented on These 6 Natural Gas Players Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-05-2025
- Business
- Yahoo
Jim Cramer Says Colgate-Palmolive 'Could Go Lower'
Colgate-Palmolive Company (NYSE:CL) was mentioned during the recent episode of Mad Money on May 14, and here's what Mad Money's host had to say: 'I've always believed that there are two consumer packaged goods companies that make a ton of sense whenever they go down, and that's Procter & Gamble and Colgate… Colgate's worse. Again, two points from its low, more than 20 points from its high, with amazing toothpaste and pet food businesses among so many others, but it only yields 2.37%. So why can't you buy it here? It could go lower. How does it bottom?' An array of toothpaste, toothbrushes, and mouthwashes on a bright background, highlighting the company's oral care products. Colgate-Palmolive (NYSE:CL) produces a variety of consumer goods focused on personal care, home care, and pet nutrition. The company's products are sold under several well-known brands and include items for daily use and specialized health needs. While we acknowledge the potential of CL to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CL and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: Jim Cramer Put These 8 Stocks Under a Microscope Recently and Jim Cramer Commented on These 6 Natural Gas Players Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
02-05-2025
- Business
- Yahoo
Colgate-Palmolive Company (CL): Jim Cramer Points to a Hidden Winner in the China Tariff War
We recently published a list of . In this article, we are going to take a look at where Colgate-Palmolive Company (NYSE:CL) stands against other stocks that Jim Cramer recently discussed. In his appearance on CNBC's Squawk on the Street on Friday, Jim Cramer discussed the read-through of President Trump's transcript of the interview given to Time Magazine. Cramer commented: 'I've worked for Time for a while . . very few people actually do David anything that's contemporaneous, so to speak, so you're looking at something . . .I think that there are talks, but I don't think they're at a level that matters. I think we should just continue to think that there's going to be a day that comes, where everything's a lot more expensive.' The CNBC host also commented on President Trump's advisor Peter Navarro and his absence. Navarro is known to be a strong proponent of tariffs on America's trading partners. Mentioning Navarro, Cramer outlined: 'We don't know what Navarro's up to. Obviously Navarro is the hardest line American, there's 340 million of us, he's the hardest. And I'm not sure exactly where he is positioned versus Bessent which, Bessent's seems to be oppositional to, a bunch of people who are hardliners, don't you feel?' Since the primary target of the trade tariffs in China, Cramer mentioned his discussions with business executives and what they're doing to navigate the Chinese tensions. He explained: 'Well look I think that it's about blinking, nobody's blinking. And I think that, we obviously have four hundred and forty billion at stake, they have like a 150 billion, is a 150 billion more important? I know that every data. . .makes me feel like they don't need us. Whatever, they don't need us, and then everyday I meet CEOs, who have somehow, almost mystically, got out of China. . .I was with a CEO last night. . .I was saying, wow, the China. . .you guys must be, are you ready? He said what you think we just sat there and took it? This is about who does hundreds of millions of dollars of business in what I thought was China, gone, gone. . . .they're not building in China. And he made it sound like I was rude, that they would just sit there and take it. And then he went on to tell me, the only people who sat there and take it were the people who didn't bother to even listen to what was being said. And that the exodus is extraordinary.' Judging by the high tariffs on China, Cramer has long maintained that the tariffs are an embargo instead. He maintained the opinion: 'I don't think that, I think that there is an embargo. It's just an embargo, and I think that companies, kind of reminds of when Saigon fell, I mean there's companies that are like hanging on to the skids of the helicopter and they're trying to get out of China. And then there's other companies in China, and David, they kinda didn't get the memo. They missed the Navarro memo.' To make our list of the stocks that Jim Cramer talked about, we listed down the stocks he mentioned during CNBC's Squawk on the Street aired on April 25th. For these stocks, we also mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). An array of toothpaste, toothbrushes, and mouthwashes on a bright background, highlighting the company's oral care products. Number of Hedge Fund Holders In Q4 2024: 62 Colgate-Palmolive Company (NYSE:CL) is a well-known oral care and consumer goods company. Its shares are up by a modest 1.35% year-to-date and have gained after President Trump announced his Liberation Day tariffs. Colgate-Palmolive Company (NYSE:CL)'s stock also gained a modest 1.3% in late April after the firm announced that tariffs would make a $200 million hit on the income statement which was lower than what analysts had expected. Here is what Cramer said about Colgate-Palmolive Company (NYSE:CL): 'I've got to tell you, when you look at a Colgate today, and you see that how much they benefit [from a weaker dollar]. Overall, CL ranks 5th on our list of stocks that Jim Cramer recently discussed. While we acknowledge the potential of CL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than CL but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
