In accordance with its charter, the Personnel and Organization Committee (the "P&O Committee") oversees the personnel, compensation and organizational matters of the Company, taking action on its own or making recommendations to the Board of Directors as appropriate. The Committee also discharges the Board's responsibilities with respect to compensation of the Company's executives and prepares an annual report on executive compensation for inclusion in the Company's annual proxy statement. In February 2009, the P&O Committee adopted a written policy regarding its selection and use of outside compensation consultants.
Explore the initiatives, processes and policies that help us continue to strengthen Colgate-Palmolive and the communities where we work and live. Read about our dedication to Colgate's core values and high ethical standards, as outlined in our Code of Conduct and our commitment to sustainable development.