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Colgate appointments

This article was originally published in The Rose Sheet

Executive Summary

Exec VP Ian Cook to chief operating officer, effective immediately, responsible for all Colgate businesses excluding Latin America and Hill's pet foods. Additionally, Exec VP Javier Teruel is tapped vice chairman, assuming responsibility for reviewing, sharpening firm's worldwide strategy, Colgate says. Former COO Lois Juliber will become vice chairman, heading Colgate's global growth functions including global business development, research and development and information technology. Execs will report to President William Shanahan. Appointments are expected to strengthen Colgate's senior management team and improve successful strategies and business practices as Colgate prepares for the departure of longtime CEO Reuben Mark, who announced plans to retire within the next two to four years in February (1"The Rose Sheet" Feb. 9, 2004, p. 12)...
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