CEO Salary & Executive Compensation
Colgate-Palmolive CL
CEO: Noel Wallace · Consumer Products · 34,000 employees
Noel Wallace, CEO of Colgate-Palmolive (CL), earned $8.0M in total compensation in 2025. Colgate-Palmolive receives a Pay-for-Performance grade of C (58/100), with a CEO-to-worker pay ratio of 123:1 and a say-on-pay shareholder approval of 94.2%. The company's 3-year total shareholder return is -12.2%.
How Colgate-Palmolive CEO Pay Compares
Noel Wallace's $8.0M total compensation is 0% below the Consumer Products industry median of $8.0M. The 123:1 CEO-to-worker pay ratio is 15% lower than the industry average of 144:1.
Colgate-Palmolive (CL) disclosed $8.0M in CEO compensation for Noel Wallace. The package is structured for retention plus performance alignment, with equity awards taking the largest share.
The CEO-to-median-worker pay ratio runs 123x. Lower ratios typically reflect companies with higher-paid workforces (financial services, technology, professional services) where the median worker pay denominator is itself substantial. Three-year performance has been negative: TSR of -12.2% and -1.8% revenue change. Significant CEO compensation alongside negative shareholder returns is the most controversial pay pattern and is the central case for proxy-advisor pay-for-performance opposition.
Shareholders supported the compensation package at 94% on the most recent say-on-pay vote. Solid support without overwhelming endorsement is the typical pattern for established public companies with conventional compensation programs. Colgate-Palmolive operates in Consumer Products with 34,000 employees and $19.5B in annual revenue, and currently carries a market capitalization of $80.0B. Pay comparisons across companies require controlling for these structural factors — a $20M package at a $10B-revenue tech company reads differently than the same package at a $1B-revenue industrial.
Source: SEC EDGAR — DEF 14A proxy statements for Colgate-Palmolive (CL).
Compensation Breakdown
Noel Wallace's $8.0M total compensation package for fiscal year 2025 includes $800K in base salary, $4.0M in stock awards, $960K in option awards, and $1.2M in bonus and non-equity incentives.
Compensation History
| Year | Salary | Bonus | Stock Awards | Options | Non-Equity | Other | Total |
|---|---|---|---|---|---|---|---|
| 2025 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
| 2024 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
| 2023 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
| 2022 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
All compensation data is sourced from SEC DEF 14A proxy filings submitted to EDGAR. The Economic Policy Institute's CEO pay analysis provides additional context on executive compensation trends across industries.
Named Executive Officers
Peer CEO Compensation
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Noel Wallace, CEO of Colgate-Palmolive (CL), earns $8.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.
Frequently Asked Questions
Noel Wallace, CEO of Colgate-Palmolive (CL), earns $8.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.
Colgate-Palmolive has a Pay-for-Performance Score of C (58/100). The company's 3-year total shareholder return is -12.2%, and the say-on-pay shareholder vote passed with 94.2% approval.
The CEO-to-median-worker pay ratio at Colgate-Palmolive is 123:1. The median worker at Colgate-Palmolive earns $65K per year, while CEO Noel Wallace earns $8.0M in total compensation.
Colgate-Palmolive employs approximately 34,000 people. The company operates in the Consumer Products industry within the Consumer Staples sector, generating $19.5B in annual revenue.