Avery Dennison has named Mitchell R. Butier as president and CEO, effective May 1, succeeding current chairman and CEO Dean Scarborough.
Butier, currently president and chief operating officer, joined Avery Dennison from PricewaterhouseCoopers in 2000. He has worked in various businesses and regions across Avery Dennison, and in roles of increasing responsibility, including chief financial officer, president and chief operating officer. He has been in his most recent role since November 2014.
Scarborough will remain on Avery Dennison’s board of directors as executive chairman, and said of Butier: ‘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. Just as important, Mitch is a champion of the values, integrity and high ethical standards that define Avery Dennison.
‘Avery Dennison is a great company,’ added Butier. ‘We’re strategically well-positioned, with excellent prospects for profitable growth. I look forward to working with our board and our leadership team to build on our solid foundation as we continue to create value for our customers, employees, and shareholders.’