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Colgate-Palmolive Ups CEO Pay 6.7 Percent

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By: TOM BRANNA

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Colgate-Palmolive Co. said it raised its chairman’s combined salary and bonus by 6.7% last year as the company surpassed its earnings per share goal. Chairman and chief executive officer Reuben Mark’s salary in 2000 was $1.34 million, up from $1.26 million in 1999 and $1.20 million in 1998, Colgate said in the annual proxy statement to shareholders.His bonus in 2000, when most of Colgate’s business units exceeded sales and profit goals, rose to $3.14 million from $2.93 million ...

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