Colgate-Palmolive (CL) Faces A Leadership Exit On A Pricey Earnings Narrative

Recent optimism around Colgate-Palmolive (CL) is being tested by a fresh development in its India unit, where long-serving marketing head Gunjit Jain is set to exit after 18 years. For context, Colgate-Palmolive’s share price has eased 3.44% over the past day, yet it still carries a 9.44% 30 day share price return and a 21.05% year to date share price gain. The 1 year total shareholder return of 23.46% points to momentum that has been building over a longer stretch. Scan how other...