COLGATE-PALMOLIVE COMPANY
A Delaware Corporation
300 Park Avenue
New York, NY 10022
Reuben Mark
Chairman and Chief Executive Officer
March 1994
Dear Fellow Employee:
The Board of Directors joins me in thanking you for your creative and
energetic accomplishments. 1993 was most challenging, particularly in the
developed world. Yet your committed efforts made for another successful year
in every area: our financial performance, our ability to successfully deal
with the changing business environment of the 1990's, and our progress in
becoming the best truly global consumer products company.
Some highlights:
- -- Colgate achieved new earnings and sales records, with profits advancing
15% and earning per share growing 16%.
- -- Unit volume grew 5%, our 11th consecutive year of volume growth.
- -- We accelerated the flow of new products to consumers: 25% of total sales
in 1993 were from new products introduced in the last five years, up
from 21% in 1992.
We all can take pride in the success of Colgate Total plaque-fighting
toothpaste, which so far has been introduced in 49 countries; the
triple-action Colgate Precision toothbrush, which is adding to our Number One
position, both in the USA and globally; Ajax Compact 4-in-1 cleaner; Irish
Spring deodarant; Hill's Science Diet Treats for dogs, and countless other
technologically innovative new products. This year we will increase new product
activity and levels of advertising support worldwide.
Since it is your efforts that make Colgate the success it is, I hope you read
the enclosed Annual Report on the Company's recent achievements and future
direction with the same pride and enthusiasm that I do. As always, I look
forward to working together with you as we reach to make Colgate the world's
best.
Thanks and best regards,
[Reuben Mark Signature]
COLGATE-PALMOLIVE COMPANY
STOCK SAVINGS PLAN
To: Plan Participants
As a participant in the above Plan, you may direct the manner in which shares
of Company Common Stock allocable to your interest in the funds established
under such Plan shall be voted by the appropriate Trustee/Custodian at the
annual meeting of stockholders to be held at New York, New York on May 5,
1994 or at any adjournment thereof.
Election of Directors, Nominees:
V.R. Alden, J.K. Conway, R.E. Ferguson,
E.M. Hancock, D.W. Johnson,
J.P. Kedall, D.E. Lewis, R. Mark,
H.B. Wentz, Jr.
You are encouraged to specify your choices by marking the appropriate boxes,
SEE REVERSE SIDE, but you need not mark any boxes if you wish to vote in
accordance with the Board of Directors' recommendations. If a signed card is
not returned, shares allocable to your interest in the Plan will be voted in
the same proportion as shares for which instruction cards are received.
(Continued and to be signed on other side).
4061
[X] Please mark your votes as in this example.
This proxy when properly executed will be voted in the manner directed
herein. If no direction is made, this proxy will be voted in accordance with
the Board's recommendations.
The Board of Directors recommends a vote FOR items 1, 2, 3 and 4..
[ ] FOR [ ] WITHHELD
1. Election of Directors (see reverse)
FOR, except vote withheld from the following nominee(s):
[ ] FOR [ ] AGAINST [ ] ABSTAIN
2. Approve selection of Arthur Anderson & Co. as Auditors.
3. Approve the Non-Employee Director Stock Option Plan.
[ ] FOR [ ] AGAINST [ ] ABSTAIN
4. Approve the Amended Executive Incentive Compensation Plan.
The Board recommends a vote AGAINST item 5.
5. Stockholder Proposal: Blank Check Preference Stock.
In his discretion, the Proxy Committee is authorized to vote upon such other
business as may properly come before the meeting.
NOTE: Please sign exactly as name appears hereon. Joint owners should each
sign. When signing as attorney, executor, administrator, trustee or guardian,
please give full title as such.
SIGNATURE(S) DATE
FOLD AND DETACH HERE
ANNUAL MEETING OF COLGATE-PALMOLIVE COMPANY SHAREOWNERS
Thursday, May 5, 1994
- --Your vote is important to us. Please detach the above proxy, sign the card
and insert it in the enclosed envelope at your earliest convenience. Further,
be advised that your vote is held in confidence by our outside tabulator, the
First Chicago Trust Company of New York.
COLGATE-PALMOLIVE COMPANY
EMPLOYEES SAVINGS AND INVESTMENT PLAN
To: Plan Participants
As a participant in the above Plan, you may direct the manner in which shares
of Company Common Stock and/or Convertible Preferernce Stock allocable to
your interest in the Trust Funds established under such Plan shall be voted
by the appropriate Trustee at the annual meeting of stockholders to be held
at New York, New York on May 5, 1994 or at any adjournment thereof.
Election of Directors, Nominees:
V.R. Alden, J.K. Conway, R.E. Ferguson,
E.M. Hancock, D.W. Johnson,
J.P. Kedall, D.E. Lewis, R. Mark,
H.B. Wentz, Jr.
You are encouraged to specify your choices by marking the appropriate boxes,
SEE REVERSE SIDE, but you need not mark any boxes if you wish to vote in
accordance with the Board of Directors' recommendations. If a signed card is
not returned, shares allocable to your interest in the Plan will be voted in
the same proportion as shares for which instruction cards are received.
(Continued and to be signed on other side).
0124
[X] Please mark your votes as in this example.
This proxy when properly executed will be voted in the manner directed
herein. If no direction is made, this proxy will be voted in accordance with
the Board's recommendations.
The Board of Directors recommends a vote FOR items 1, 2, 3 and 4..
[ ] FOR [ ] WITHHELD
1. Election of Directors (see reverse)
FOR, except vote withheld from the following nominee(s):
[ ] FOR [ ] AGAINST [ ] ABSTAIN
2. Approve selection of Arthur Anderson & Co. as Auditors.
3. Approve the Non-Employee Director Stock Option Plan.
[ ] FOR [ ] AGAINST [ ] ABSTAIN
4. Approve the Amended Executive Incentive Compensation Plan.
The Board recommends a vote AGAINST item 5.
5. Stockholder Proposal: Blank Check Preference Stock.
In his discretion, the Proxy Committee is authorized to vote upon such other
business as may properly come before the meeting.
NOTE: Please sign exactly as name appears hereon. Joint owners should each
sign. When signing as attorney, executor, administrator, trustee or guardian,
please give full title as such.
SIGNATURE(S) DATE
FOLD AND DETACH HERE
ANNUAL MEETING OF COLGATE-PALMOLIVE COMPANY SHAREOWNERS
Thursday, May 5, 1994
Marriott Marquis
10:00 a.m.
Broadway Ballroom
1535 Broadway
(45th Street and Broadway)
New York, NY
- --Your vote is important to us. Please detach the above proxy, sign the card
and insert it in the enclosed envelope at your earliest convenience.
- --If you intend to attend the meeting, please fill out and mail separately
the enclosed ticket request.
COLGATE-PALMOLIVE COMPANY
300 Park Avenue, New York, NY 10022
Proxy Solicited by the Board of Directors
for Annual Meeting on May 5, 1994
P R O X Y
The undersigned hereby appoints as proxies, with full power of substitution
to each, REUBEN MARK, VERNON R. ALDEN and HOWARD B. WENTZ, JR. (the Proxy
Committee) to vote as designated below, all shares which the undersigned
would be entitled to vote at the annual meeting of stockholders of the
Company to be held at new York, New York on May 5, 1994 or at any
adjournments thereof. Action hereunder may be taken by a majority of said
proxies or their substitutes who are present or if only one be present, then
by that one.
Election of Directors, Nominees:
V.R. Alden, J.K. Conway, R.E. Ferguson,
E.M. Hancock, D.W. Johnson,
J.P. Kedall, D.E. Lewis, R. Mark,
H.B. Wentz, Jr.
You are encouraged to specify your choices by marking the appropriate boxes,
SEE REVERSE SIDE, but you need not mark any boxes if you wish to vote in
accordance with the Board of Directors' recommendations. The Proxy Committee
cannot vote your shares unless you sign and return this card.
(Continued and to be signed on other side).
1957
[X] Please mark your votes as in this example.
This proxy when properly executed will be voted in the manner directed
herein. If no direction is made, this proxy will be voted in accordance with
the Board's recommendations.
The Board of Directors recommends a vote FOR items 1, 2, 3 and 4..
[ ] FOR [ ] WITHHELD
1. Election of Directors (see reverse)
FOR, except vote withheld from the following nominee(s):
[ ] FOR [ ] AGAINST [ ] ABSTAIN
2. Approve selection of Arthur Anderson & Co. as Auditors.
3. Approve the Non-Employee Director Stock Option Plan.
[ ] FOR [ ] AGAINST [ ] ABSTAIN
4. Approve the Amended Executive Incentive Compensation Plan.
The Board recommends a vote AGAINST item 5.
5. Stockholder Proposal: Blank Check Preference Stock.
In his discretion, the Proxy Committee is authorized to vote upon such other
business as may properly come before the meeting.
NOTE: Please sign exactly as name appears hereon. Joint owners should each
sign. When signing as attorney, executor, administrator, trustee or guardian,
please give full title as such.
SIGNATURE(S) DATE
FOLD AND DETACH HERE