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Colgate Appoints Ian Cook as Chairman

Reuben Mark to retire from board.

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By: Jamie Matusow

Editor-in-Chief

Colgate-Palmolive Company today announced that, consistent with previously announced succession plans, Reuben Mark will retire as chairman of the board and a director of Colgate-Palmolive Company effective December 31, 2008, and that the board has unanimously elected Mr. Ian M. Cook, currently chief executive officer and president and a member of the board, to the additional role of chairman of the board, effective January 1, 2009.

“We are extremely grateful for Reuben’s outstanding leadership of Colgate’s board as its ahairman for more than 22 years,” said Mr. Cook. “He was deeply committed to a strong tradition of Board strategic oversight and corporate governance excellence, which we look forward to continuing.”

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