Wednesday, April 25, 2007

Colgate profit up, Mark leaving CEO post in July

(Reuters) - CHICAGO, April 25 - Colgate-Palmolive Co. posted a higher first-quarter profit on Wednesday, driven by strong sales of products such as Colgate Total toothpaste, and 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 Market News

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