Former Chief Operating Officer Ian Cook is now Colgate-Palmolive president and CEO and a member of the company's board of directors, firm announces in a July 2 release. Cook replaces Reuben Mark, who is retiring after 23 years at the CEO post. The change, which went into effect July 1, is in line with the company's previously announced succession plan (1"The Rose Sheet" Feb. 27, 2007, p. 10). Cook joined Colgate in the U.K. in 1976 and went on to progress through a series of senior management roles before being named COO in select regions in 2004 and COO of all global Colgate operations in 2005. "For the past three years, he has worked closely with other Colgate leaders to develop and implement the business strategy that is now so successful," firm notes. Mark will remain chairman of the company's board for a period of up to 18 months...
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The US FTC’s contention that ‘notice and choice’ has failed as the cornerstone of consumer privacy regulation and must be abandoned in favor of data minimization and other more stringent measures does not adequately account for the complexity of business practices and consumer behavior, FTC commissioner Melissa Holyoak asserted at the NAD’s 2024 Annual Conference.
FTC Commissioner Melissa Holyoak says the agency has acted outside the bounds afforded by Congress, citing several areas within consumer protection, including a recent update to the final rule for the Health Breach Notification Rule and the commission’s use of notices of penalty offense to serve as the basis for Section 5 settlements.
At one year, TikTok Shop conjures the early days of Amazon, representing the ‘Wild West’ of beauty ecommerce, said co-founders of private label and contract manufacturing company KO-Pack at the IBA Cosmetics Convergence Fall 2024 Virtual Symposium, “The Promise and Pitfalls of TikTok Shop.”
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Even as CEO Jon Moeller and lead board member Joe Jiminez as well as analysts state confidence the firm’s growth strategy will continue with the executive suite change, the impact of tariff policies could put a dent in its results.
Explaining he was a heroin addict for 14 years more than 40 years ago “because it was so available,” Secretary Kennedy says “our agencies have been asleep in the wheel” but “now we're going to wake up and we're going to start to stop this before it starts.”
HBW Insight speaks to Prime Fifty founder and managing director Max Gowland about the science behind healthy aging and the opportunity for the consumer health industry.
