THE WHAT? Colgate-Palmolive has named Stephan Habif as Chief Financial Officer, effective 1st September, 2022.
THE DETAILS Habif will be responsible for the company’s global Research & Development organization and will lead the team of scientists and engineers creating the products and packaging of Colgate’s oral care, pet nutrition, skin health and other businesses.
The executive has more than 25 years’ leading Research and Development teams in the beauty and consumer goods industry, having worked for L’Oréal and Unilever.
THE WHY? Habif, previously Senior Vice President, Research & Innovation for L’Oréal, succeeds Patricia Verduin, who has announced her plans to retire at the end of the year after 15 years with Colgate.
Noel Wallace, Chairman, President and Chief Executive Officer, said, “Our world-class science and formulation capabilities are driving an exciting new-product pipeline for Colgate. Stephan will build on the team’s strong commitment to innovation, efficacy, and sustainability, feeding our growth by advancing our purpose – to reimagine a healthier future for all people, their pets and our planet.”