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William Colgate (January 25, 1783 – March 25, 1857) was an English-American industrialist who in 1806 founded what became the Colgate-Palmolive company. Early life [ edit ]
In 1926 Charles S. Pierce, then president of Palmolive Soap Co. announced "tentative plans for the consolidation" of the Milwaukee-based Palmolive Soap company and the Peet Brothers Soap Company of Kansas City. It was said at the time the combined company assets would exceed US$45,000,000 (equivalent to $774,000,000 in 2023). [11]
The Colgate-Palmolive Company, commonly known as Colgate-Palmolive, is an American multinational consumer products company headquartered on Park Avenue in Midtown Manhattan, New York City. The company specializes in the production, distribution, and provision of household, health care, personal care, and veterinary products.
In 2015, oral care products (principally produced under the Colgate brand) were the Colgate-Palmolive company's largest source of income, making up around US$7.5 billion, or 47% of net sales globally (with personal care products such as shampoos making up 20%, home care products such as laundry detergents 19% and pet nutrition making up the ...
Institutional investors own over 50% of the company, so together than can probably strongly influence board decisions. Colgate-Palmolive is not owned by hedge funds.
Gilbert Bayard Colgate Jr. (December 21, 1899 – October 9, 1965) was an American businessman and bobsledder who competed in the 1930s. He won the bronze medal in the two-man event at the 1936 Winter Olympics in Garmisch-Partenkirchen, with teammate Richard Lawrence.
He now sits on the board of directors of Colgate-Palmolive and the restaurant chain Ruby Tuesday. [1] [4] [5] [6] He was chairman of the Harvard Business School Club of Greater New York and sits on the board of trustees of his alma mater, Hamilton College. [2] [9] He has lectured on the MBA program at Columbia Business School. [7]
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