(Reuters) – Colgate-Palmolive Co said on Monday it has named Noel Wallace as its chief executive officer, replacing Ian Cook who has led the company since 2007.

Wallace will take over on April 2 and Cook will serve as an executive chairman for a period of up to 12 months to oversee the transition, the company said here

Colgate’s incoming CEO has been with the company since 1987 and held several positions, most recently as

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