AVERY DENNISON CORPORATION (NYSE:AVY) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) On February26, 2019, Dean A. Scarborough, current Chairman of the Board of Directors (the “Board”) of Avery Dennison Corporation (the “Company”), notified the Board of his decision not to stand for reelection at the Company’s 2019 annual meeting of stockholders (the “Annual Meeting”) to be held on April25, 2019 so that he may focus on other endeavors. Mr.Scarborough’s decision was not the result of any disagreement with the Company.
On February28, 2019, upon the recommendation of its Governance and Social Responsibility Committee, the Board elected the Company’s President and Chief Executive Officer, Mitchell R. Butier, to serve as Chairman of the Board following the Annual Meeting, subject to his reelection.
A copy of the press release announcing the Company’s transition in Board leadership is attached hereto as Exhibit99.1.
Section9 – Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits.
Avery Dennison Corp Exhibit
EX-99.1 2 a19-5744_1ex99d1.htm EX-99.1 Exhibit 99.1 Press Release For Immediate Release AVERY DENNISON ANNOUNCES TRANSITION IN BOARD LEADERSHIP President and CEO Mitch Butier elected to replace retiring Chairman Dean Scarborough Glendale,…
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About AVERY DENNISON CORPORATION (NYSE:AVY)
Avery Dennison Corporation (Avery Dennison) is engaged in the production of pressure-sensitive materials and a range of tickets, tags, labels and other converted products. The Company’s pressure-sensitive materials are sold to label printers and converters that convert the materials into labels and other products through embossing, printing, stamping and die-cutting. The Company’s operational segments include Pressure-sensitive Materials (PSM), Retail Branding and Information Solutions (RBIS), and Vancive Medical Technologies (Vancive). It also sells pressure-sensitive materials in converted form as tapes and reflective sheeting. It also manufactures and sells a range of other converted products and items not involving pressure-sensitive components, such as fasteners, tickets, tags, radio-frequency identification (RFID) inlays and tags, and imprinting equipment and related services, which it markets to retailers, and apparel manufacturers and brand owners.