In 2023, Noel R. Wallace earned $7.13M in total compensation at Colgate-Palmolive, including $1.48M salary and $4.73M bonus. Most recently acquired 20,689 shares in Sep 2024. Currently holds stock worth $31.19M. Has donated $4.06M in stock to charitable causes. 6+ years at the helm of Colgate-Palmolive.
Compensation History
Annual executive compensation data for Noel R. Wallace, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$7.13M
Salary
$1.48M
Bonus
$4.73M
Other
$929.86K
Salary
$1.48MBoard Justification
The compensation philosophy emphasizes aligning pay with performance, driving strong business results, and focusing on long-term shareholder returns, with a significant portion of compensation being performance-based.
Bonus
$4.73MBoard Justification
The annual cash bonus for Mr. Wallace equaled 315% of his year-end salary, reflecting strong performance against financial and strategic goals in 2023.
Other Compensation
$929.86KBoard Justification
This includes contributions to the Savings & Investment Plan, allocations to the Supplemental Savings & Investment Plan, and the value of company-paid life insurance premiums.
Restricted Stock
Board Justification
No stock was vested in 2023 as the focus was on performance-based restricted stock units (PBRSUs) and stock options, which have not yet vested.
Performance Metrics
The performance metrics for 2023 included Base Business Earnings Per Share, organic sales growth, and strategic initiatives.
Noel R. Wallace
CEO of Colgate-Palmolive
Education
Bachelor's degree from the University of Florida.
Field of Expertise
Business & Management
Sector of Economy
Consumer Defensive
Born
January 1, 1964 - 61 years ago
CEO of Colgate-Palmolive for
6 years 8 months (Apr 2019 - Present)
Previous Experience
Chief Operating Officer, Global Innovation & Growth and Hill's Pet Nutrition; President, Colgate-Latin America; President, North America and Global Sustainability.
Other Colgate-Palmolive CEOs
Holdings
Track Noel R. Wallace's stock holdings and portfolio value over time.
Total Stock Sold
$113.87M
$113.87M
1,552,640 CL shares
What if they kept their stock?
If Noel R. Wallace didn't sell their stock, today they would have:
Extra CL1,552,640 shares worth $121.21M.
This is 6.45% and $7.34M more than what they got when they sold the stock.
Charitable Transactions
52,047 shares
CL
Recent Charitable Transactions
52,000 shares
CL
Dec 31, 2021
Charity
6 shares
CL
Dec 31, 2018
Charity
28 shares
CL
May 14, 2018
Charity
2 shares
CL
Nov 10, 2017
Charity
5 shares
CL
Dec 31, 2015
Charity
3 shares
CL
Dec 31, 2011
Charity
Insider Trading
Noel R. Wallace's recent stock transactions, purchases, and sales filed with the SEC.
20,689 shares
CL
Sep 12, 2024
Received
$8.40M
CL at $84.21/share
Feb 15, 2024
Sale
56,616 shares
CL
Feb 15, 2024
Received
$4.16M
CL at $83.15/share
Feb 12, 2024
Sale
28,148 shares
CL
Sep 13, 2023
Received
$3.57M
CL at $73.37/share
Sep 11, 2023
Sale
$4.03M
CL at $80.66/share
May 8, 2023
Sale
45,461 shares
CL
Feb 16, 2023
Received
$4.20M
CL at $81.27/share
Aug 4, 2022
Sale
$3.97M
CL at $79.34/share
Jun 6, 2022
Sale
Rivals
Compare Noel R. Wallace with competitor CEOs and industry peers.
James Quincey
CEO of Coca-Cola
2024 Compensation
Stock
$26.30M
Salary
$1.66M
Bonus
$0.00
Other
$1.69M
Total Holdings
$24.28M
Dirk Van de Put
CEO of Mondelez International
2023 Compensation
Stock
$23.62M
Salary
$1.55M
Bonus
$4.42M
Other
$923.66K
Total Holdings
$286.88M
Benno Dorer
CEO of Clorox
2022 Compensation
Stock
$0.00
Salary
$740.00K
Bonus
$1.26M
Other
$0.00
Total Holdings
$3.17K
Jean Madar
Founder and CEO of Inter Parfums
2022 Compensation
Stock
$0.00
Salary
$1.23M
Bonus
$0.00
Other
$0.00
Total Holdings
$1.92M
Patrick Choël
CEO of Inter Parfums
2022 Compensation
Stock
$0.00
Salary
$0.00
Bonus
$0.00
Other
$0.00
Total Holdings
$393.80K
Michael D. Hsu
CEO of Kimberly-Clark
2023 Compensation
Stock
$0.00
Salary
$1.47M
Bonus
$0.00
Other
$726.34K
Total Holdings
$2.99M