Summary
Colgate-Palmolive Company (CL) filed an 8-K on January 20, 2011, reporting a key executive appointment. Victoria Dolan was elected Vice President and Corporate Controller, effective February 1, 2011. This appointment signifies a change in financial leadership and brings in an executive with extensive experience from prominent companies like Marriott International and The Coca-Cola Company. Ms. Dolan's background includes significant financial roles, such as Executive Vice President, Finance and CFO of Marriott's vacation ownership division and Chief Financial Officer for The Coca-Cola Company's Japan division. In conjunction with her new role, she was granted 5,000 shares of restricted stock under the company's incentive plan, reflecting a commitment to aligning executive compensation with shareholder interests.
Key Highlights
- 1Victoria Dolan appointed Vice President and Corporate Controller, effective February 1, 2011.
- 2Ms. Dolan brings extensive financial leadership experience from Marriott International and The Coca-Cola Company.
- 3Her previous roles include CFO and Executive Vice President positions, demonstrating a strong financial and strategic background.
- 4The appointment is effective February 1, 2011.
- 5Ms. Dolan was granted 5,000 shares of restricted stock.
- 6The restricted stock award is under the company's 2009 Executive Incentive Compensation Plan.
- 7This filing pertains to Item 5.02 of Form 8-K, concerning director and officer changes.