Wednesday, April 25, 2007

Colgate profit rise meets view; growth to continue

(Reuters) - Colgate, which is in the midst of a four-year restructuring announced in late 2004, also forecast additional savings and charges from that plan.

The maker of toothpaste, dish soap and other household products said Reuben Mark would step down as chief executive on July 1. Mark, who has been CEO since 1984, said last year that he planned to hand over the CEO post to President and Chief Operating Officer Ian Cook in mid-2007.


Read more at Reuters.com Business News

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