8-K
filed May 17, 2023, 7:59 PM ET
ticker CL
CIK 0000021665
other material
confidence high
sentiment neutral
materiality 0.10
Colgate-Palmolive annual meeting elects 11 directors, approves say-on-pay, defeats stockholder proposals
COLGATE PALMOLIVE CO
- All 11 director nominees elected; support ranged from 85.3% (Lorrie Norrington) to 99.0% (Steve Cahillane).
- PricewaterhouseCoopers LLP ratified as auditor for FY2023 with 662.5M for vs 50.1M against.
- Non-binding advisory vote on executive compensation approved with 89.7% of votes cast in favor.
- Frequency of future say-on-pay set at one year per advisory vote (632.9M votes for one year).
- Stockholder proposals for independent board chairman and executive stock retention defeated with ~65% and ~70% against, respectively.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
COLGATE PALMOLIVE CO shareholders rejected Stockholder proposal on executives to retain significant stock at the 2023-05-12 meeting.
- Outcome
- failed
- Meeting
- 2023-05-12
Exact text from the filing
A stockholder proposal on executives to retain significant stock was not approved.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
COLGATE PALMOLIVE CO shareholders approved Non-binding advisory vote on executive compensation at the 2023-05-12 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-05-12
Exact text from the filing
A non-binding advisory vote on the Company’s executive compensation was approved.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
COLGATE PALMOLIVE CO shareholders approved Ratification of PricewaterhouseCoopers LLP as independent registered public accounting firm at the 2023-05-12 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-05-12
Exact text from the filing
The selection of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023 was ratified.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
COLGATE PALMOLIVE CO shareholders rejected Stockholder proposal on independent Board Chairman at the 2023-05-12 meeting.
- Outcome
- failed
- Meeting
- 2023-05-12
Exact text from the filing
A stockholder proposal on independent Board Chairman was not approved.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
COLGATE PALMOLIVE CO shareholders approved Non-binding advisory vote on frequency of future advisory votes on executive compensation at the 2023-05-12 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-05-12
Exact text from the filing
A non-binding advisory vote on the frequency of future non-binding advisory votes on the Company’s executive compensation was held and the frequency that received the most votes was one year.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
COLGATE PALMOLIVE CO shareholders approved Election of Directors at the 2023-05-12 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-05-12
Exact text from the filing
John P. Bilbrey, John T. Cahill, Steve Cahillane, Lisa M. Edwards, C. Martin Harris, Martina Hund-Mejean, Kimberly A. Nelson, Lorrie M. Norrington, Michael B. Polk, Stephen I. Sadove, and Noel R. Wallace were elected directors of the Company.
View on SEC.gov
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