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Colgate Elects Kimberly A. Nelson to Board of Directors

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management
Rhea-AI Summary

Colgate-Palmolive Company has appointed Kimberly A. Nelson, former Senior Vice President at General Mills, to its Board of Directors, effective immediately. Nelson brings significant expertise in sustainability and social responsibility, having spent nearly 30 years at General Mills, including leadership in various roles. Concurrently, Dr. Helene D. Gayle will retire from the Board effective May 7, 2021, after over a decade of contributions, particularly in governance and corporate responsibility. Colgate expresses gratitude for Gayle's service while welcoming Nelson's capabilities.

Positive
  • Appointment of Kimberly A. Nelson brings extensive experience in sustainability and social responsibility.
  • Nelson's leadership background may strengthen Colgate's governance and innovative capabilities.
Negative
  • Retirement of Dr. Helene D. Gayle could create a gap in governance continuity.

Colgate-Palmolive Company today announced that Kimberly A. Nelson, former Senior Vice President, External Relations of General Mills, Inc., has been elected to Colgate's Board of Directors effective immediately. The Company also announced that Dr. Helene D. Gayle will retire from the Board effective May 7, 2021 at the end of her current term.

Kimberly A. Nelson, 58, brings extensive business leadership experience with a strong focus on sustainability and social responsibility to Colgate’s board. During her nearly 30-year career at General Mills, Inc., Ms. Nelson held several senior brand and general management roles, including serving as President of the Snack Food Division, before becoming Senior Vice President, External Relations in 2010. In that global role, she led sustainability, consumer relations, corporate branding and communications, government affairs and public policy, and external stakeholder relations. Ms. Nelson also served as President of the General Mills Foundation from 2011 until her retirement from General Mills, Inc. in 2018.

Dr. Helene D. Gayle, President and Chief Executive Officer of The Chicago Community Trust, will not stand for re-election to the Board of Directors at Colgate’s 2021 Annual Meeting in light of her desire to retire as a director at the end of her current term. Dr. Gayle has contributed greatly to the Company’s success for over a decade, especially through her focus on Colgate’s corporate governance and social responsibility, and her leadership of the Board's Nominating, Governance and Corporate Responsibility Committee.

Commenting on the new director election, Noel Wallace, Colgate’s Chairman, President and CEO, said, “We are delighted to welcome Kim to the Board and are pleased that she will contribute her outstanding capabilities to Colgate. Helene has our profound thanks for her immeasurable contributions to Colgate’s business success and governance excellence, and we extend our best wishes for her continued success.”

* * *

Colgate-Palmolive Company is a caring, innovative growth company reimagining a healthier future for all people, their pets and our planet. Focused on Oral Care, Personal Care, Home Care and Pet Nutrition, the Company sells its products in more than 200 countries and territories under brands, such as Colgate, Palmolive, elmex, hello, meridol, Sorriso, Tom’s of Maine, EltaMD, Filorga, Irish Spring, PCA Skin, Protex, Sanex, Softsoap, Speed Stick, Ajax, Axion, Fabuloso, Soupline and Suavitel, as well as Hill’s Science Diet and Hill’s Prescription Diet. The Company is recognized for its leadership and innovation in promoting environmental sustainability and community well-being, including its achievements in saving water, reducing waste, promoting recyclability and improving children’s oral health through its Bright Smiles, Bright Futures program, which has reached more than one billion children since 1991. For more information about Colgate’s global business and how the Company is building a future to smile about, visit www.colgatepalmolive.com.

FAQ

Who is the new board member at Colgate-Palmolive?

Kimberly A. Nelson has been elected to Colgate-Palmolive's Board of Directors.

When will Dr. Helene D. Gayle retire from Colgate-Palmolive's Board?

Dr. Helene D. Gayle will retire effective May 7, 2021.

What experience does Kimberly A. Nelson bring to Colgate-Palmolive?

Nelson brings nearly 30 years of leadership experience from General Mills, focusing on sustainability and corporate responsibility.

What has been Dr. Helene D. Gayle's contribution to Colgate-Palmolive?

Dr. Gayle has significantly contributed to corporate governance and social responsibility during her tenure.

How might Kimberly A. Nelson's appointment impact Colgate-Palmolive?

Her appointment may enhance Colgate's focus on sustainability and innovation.

Colgate-Palmolive Company

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