Summary
Colgate-Palmolive Company (CL) filed an 8-K on January 26, 2012, to report its financial results for the quarter and year ended December 31, 2011. The filing incorporates by reference a press release detailing these earnings. Investors should refer to this press release for specific financial performance metrics. Additionally, the report announces the retirement of Michael J. Tangney, Vice Chairman, effective February 1, 2012, after a long tenure of over 40 years. The company stated that Mr. Tangney's responsibilities will be absorbed by existing executive officers as part of a planned transition. This executive change is presented as a normal course of business.
Key Highlights
- 1Colgate-Palmolive announced its Q4 and full-year 2011 earnings on January 26, 2012.
- 2The earnings press release, dated January 26, 2012, is attached as Exhibit 99 and incorporated by reference.
- 3Vice Chairman Michael J. Tangney announced his retirement, effective February 1, 2012.
- 4Mr. Tangney's retirement follows over 40 years of service to the company.
- 5The company stated that Mr. Tangney's responsibilities will be handled by other executives as planned.
- 6The information regarding earnings is furnished and not deemed 'filed' for purposes of Section 18 of the Exchange Act.
- 7The filing was made on January 26, 2012, reporting events of January 25, 2012.
Frequently Asked Questions
This 8-K filing primarily serves to announce Colgate-Palmolive's earnings for the fourth quarter and full year of 2011, as detailed in an attached press release. It also formally reports the upcoming retirement of Vice Chairman Michael J. Tangney.
The detailed financial results are provided in the press release dated January 26, 2012, which is attached as Exhibit 99 to this 8-K filing and incorporated by reference. Investors should consult this press release for performance figures.
According to the filing, Mr. Tangney's retirement after a long tenure is a planned transition, and his responsibilities will be assumed by other executive officers. The company does not indicate any disruption or significant change in operations due to this departure.
No, the information presented under Item 2.02 (Results of Operations and Financial Condition) and Item 9.01 (Financial Statements and Exhibits) is being furnished and is not deemed 'filed' for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to its liabilities. It also will not be incorporated into other SEC filings unless specifically stated.