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Colgate-Palmolive names Noel Wallace as new CEO


(Reuters) - Co said on Monday it has named as its chief executive officer, replacing who has led the company since 2007.

Wallace will take over on April 2 and Cook will serve as an for a period of up to 12 months to oversee the transition, the company said

Colgate's has been with the company since 1987 and held several positions, most recently as its

Wallace's appointment comes at a time the company has been struggling to boost profit amidst increasing costs of raw material and a stronger U.S. dollar.

(Reporting by in Bengaluru; Editing by Shounak Dasgupta)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, February 12 2019. 03:32 IST