Summary
Colgate-Palmolive Company (CL) filed an 8-K on April 21, 2004, primarily to announce its first-quarter 2004 earnings and to report on a withdrawn shareholder proposal. The earnings press release, dated April 21, 2004, is attached as an exhibit, providing details on the company's financial performance for the quarter ended March 31, 2004. Additionally, the filing notes the withdrawal of a proposal submitted by the International Brotherhood of Teamsters Affiliates Pension Plan. This proposal, which aimed to amend the company's by-laws to require a non-executive Chairman of the Board, was initially included in proxy materials mailed on March 31, 2004, for the upcoming Annual Meeting of Stockholders on May 7, 2004. The withdrawal of this proposal by the proponent removes a potential governance-related discussion point for shareholders.
Key Highlights
- 1Colgate-Palmolive announced its first-quarter 2004 earnings via a press release filed as an exhibit.
- 2The company's 2004 Annual Meeting of Stockholders is scheduled for May 7, 2004.
- 3A shareholder proposal regarding a non-executive Chairman of the Board has been withdrawn.
- 4The withdrawn proposal was submitted by the International Brotherhood of Teamsters Affiliates Pension Plan.
- 5Proxy materials for the 2004 Annual Meeting were mailed to stockholders on March 31, 2004.
- 6The Chief Financial Officer, Stephen C. Patrick, signed the 8-K report.