Colgate-Palmolive names Noel Wallace as new CEO

(Reuters) – Colgate-Palmolive Co mentioned on Monday it has named Noel Wallace as its chief government officer, changing Ian Cook dinner who has led the corporate since 2007.

Wallace will take over on April 2 and Cook dinner will function an government chairman for a interval of as much as 12 months to supervise the transition, the corporate mentioned here

Colgate’s incoming CEO has been with the corporate since 1987 and held a number of positions, most just lately as its chief working officer.

Wallace’s appointment comes at a time the corporate has been struggling to spice up revenue amidst growing prices of uncooked materials and a stronger U.S. greenback.

Reporting by Nivedita Balu in Bengaluru; Modifying by Shounak Dasgupta

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