Avery Dennison Names Mitchell R. Butier President and Chief Operating Officer
October 24 2014 - 7:31AM
Business Wire
Avery Dennison Corporation (NYSE:AVY) today announced that its
board of directors has elected Mitchell R. Butier as president and
chief operating officer, effective November 1.
Mitchell R. Butier, Avery Dennison chief
financial officer, has been named president and chief operating
officer of the global labeling and packaging materials and
solutions company. (Photo: Business Wire)
Mr. Butier, 43, has been the company’s senior vice president and
chief financial officer since June 2010, and will continue to serve
as CFO until a successor is named. Dean A. Scarborough continues as
chairman and chief executive officer.
“Mitch has been a great thought partner in shaping our business
model, and an architect of our value creation strategy,” said
Scarborough. “He has worked in both of our core businesses, and
played an instrumental role in developing their strategies for
profitable growth.”
As COO, Butier will be responsible for the company’s operations,
with all business unit leaders reporting to him. Donald A. Nolan,
president of the Materials Group, will leave the company after a
brief transition period. As a result, Butier will assume direct
oversight of the materials businesses as of November 1.
“Mitch is highly respected throughout the organization for his
exemplary leadership and ability to make things happen,” said
Scarborough. “We’ve worked together for more than a decade, and I
look forward to our new partnership in building this great
company.”
Butier joined Avery Dennison from PricewaterhouseCoopers in
2000. Prior to being named senior vice president and chief
financial officer, he served from 2007 to 2010 as corporate vice
president, global finance, and chief accounting officer. Prior to
2007, he held other senior leadership roles across the company. He
earned a B.S.A. from Loyola Marymount University.
About Avery Dennison
Avery Dennison (NYSE:AVY) is a global leader in labeling and
packaging materials and solutions. The company’s applications and
technologies are an integral part of products used in every major
market and industry. With operations in more than 50 countries and
26,000 employees worldwide, Avery Dennison serves customers with
insights and innovations that help make brands more inspiring and
the world more intelligent. Headquartered in Glendale, California,
the company reported sales from continuing operations of $6.1
billion in 2013. Learn more at www.averydennison.com.
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Avery Dennison CorporationMedia Relations:David Frail,
626-304-2014david.frail@averydennison.comorInvestor
Relations:Eric M. Leeds,
626-304-2029investorcom@averydennison.com
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