Thread regarding Colgate-Palmolive Co. layoffs

Colgate-palmolive Co (CL) President & CEO Noel R. Wallace Sold $6.1 million of Shares

What a joke... After laying off so many hard working people. Does one guy deserve this kind of compensation when Co. hasn't done good at all from past many years ??????

President & CEO Noel R. Wallace sold 84,351 shares of CL stock on 05/01/2019 at the average price of $71.89

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Post ID: @OP+YYf8UOB

4 replies (most recent on top)

They need to make more room to promote diversity so they have to get rid of some people.

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Post ID: @h4fnn+YYf8UOB

C.R.E.A.M. = Cash Rules Everything Around Me

Can't hate on people making their money but it would be certainly be nice if the wealth was shared more. A lot of us at Colgate making pennies even compared to low ranking people.

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Post ID: @6uco+YYf8UOB

Its done now because the stock was at a high level, higher than it's been for a long time. You think smart people sell stock when it's low.

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Post ID: @4iyp+YYf8UOB

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