Colgate-Palmolive names new member of board of directors

Colgate-Palmolive has announced the appointment of Lorrie Norrington as the newest member of its board of directors.

Ms Norrington serves as operating partner at Lead Edge Capital and can demonstrate more than 30 years of operational leadership experience and in-depth knowledge of the technology, ecommerce and consumer software industries.

Prior to joining Lead Edge, Ms Norrington served as president and chief operating officer of Global eBay Marketplaces and president of eBay International in Europe and Asia. She has also held senior positions at Intuit and General Electric.

In addition to this new appointment, Colgate-Palmolive's board of directors has declared a new quarterly cash dividend of $0.38 (approximately 29 pence) per common share, payable on November 16th to shareholders of record on October 23rd 2015.

The company has paid uninterrupted dividends on its common stock since 1895 and generated a global net sales total of $4.07 billion during the second quarter of 2015, representing a 5.5 percent year-on-year improvement in organic growth terms.