Avery Dennison Corp., Glendale,
Calif., USA, has elected Mitchell R. Butier president and COO, effective
November 1. Butier has been the company's SVP and CFO since June 2010, and will
continue to serve as CFO until a successor is named. Dean A. Scarborough
continues as chairman and CEO.
"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 SVP and CFO, he served from 2007 to 2010 as corporate VP, 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.
Avery Dennison is a global supplier of labeling and packaging materials and solutions. The company has operations in more than 50 countries, with some 26,000 employees worldwide.
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