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
Item5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
(d) On January31, 2017, upon the recommendation of its Governance
and Social Responsibility Committee, the Board of Directors (the
Board) of Avery Dennison Corporation, a Delaware corporation (the
Company), appointed Andres A. Lopez to the Board, effective
February1, 2017. Mr.Lopez has not yet been appointed to serve on
any committees of the Board.
In connection with his appointment and in accordance with the
Companys equity compensation program for non-employee directors,
on February1, 2017, Mr.Lopez received a prorated equity award
consisting of 445 restricted stock units (RSUs), which will vest
ratably over three years. In addition, Mr.Lopez will be eligible
to participate in the Companys other non-employee director
compensation programs as described in the Companys proxy
statement filed with the Securities and Exchange Commission on
March8, 2016.
A copy of the press release announcing Mr.Lopezs appointment to
the Board is attached as Exhibit99.1 hereto and incorporated
herein by reference.
Section9 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
99.1 |
Press Release, dated February2, 2017, announcing |
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. AVERY DENNISON CORPORATION (NYSE:AVY) Recent Trading Information
AVERY DENNISON CORPORATION (NYSE:AVY) closed its last trading session down -0.63 at 79.37 with 1,709,506 shares trading hands.