Avery Dennison Names New President/CEO

March 2nd, 2016 by Casey Flores

The board of directors at Avery Dennison Corporation has elected a new president/CEO.

Mitchell R. Butier, formerly president and chief operating officer, will become the company’s CEO effective May 1, 2016.

He was also nominated for election to the board at the company’s upcoming Annual Meeting of Stockholders on April 28, 2016.

Current chairman and CEO Dean Scarborough will serve as the executive chairman of the company’s board of directors.

“Mitch has worked in various businesses and regions across Avery Dennison and in roles of increasing responsibility, including chief financial officer and president and chief operating officer,” says Dean Scarborough. “He has been a close thought partner of mine and has been at the center of our most successful business strategies. Most recently, he has been the driver behind increasing the higher-value market segments of our portfolio.”

“Avery Dennison is a great company,” says Butier. “We’re strategically well-positioned, with excellent prospects for profitable growth.”

Butier, 44, joined Avery Dennison from PricewaterhouseCoopers, LLP in 2000 and has been president and chief operating officer since November 2014. He earned a B.S.A. from Loyola Marymount University.

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