Mitchell R. Butier succeeds Daniel R. O’Bryant as chief financial officer; vice president and controller Lori J. Bondar will take over as chief accounting officer.
Dennison Corp. has announced the promotion of Mitchell R. Butier to the
position of senior vice president and chief financial officer, effective June
Butier has been the company’s corporate vice president of Global Finance
and chief accounting officer since March 2007. He succeeds Daniel R. O’Bryant,
who has been elected executive vice president of Business Development, where he
will contribute to the identification and implementation of growth
Vice president and controller Lori J. Bondar will succeed Butier
as the company’s chief accounting officer.
“Mitch is a seasoned finance executive and a strong leader, and
the board of directors and I are delighted to welcome him to the CFO role,”
said Dean A. Scarborough, Avery Dennison’s chairman, president, and CEO. “He
has served in senior finance roles in all of our major businesses and in the United States and Europe,
and is already a member of the company’s Corporate Leadership team. His
promotion is the logical next step in our succession plans.
“Consistent with those plans, Dan is returning to operations,
where he will continue to make significant contributions to Avery Dennison’s
profitable growth,” Scarborough said. “He is a
great strategic executive and an invaluable asset to the company.”
Butier joined Avery Dennison in 2000 from PricewaterhouseCoopers.
Prior to 2007, he served in finance leadership roles in the company’s Roll
Materials, Retail Information Services and Office Products businesses, as well
as in general management positions in Retail Information Services.
O’Bryant’s 20-year career with Avery Dennison includes senior
operations and finance roles in its Roll Materials and Specialty Tape
businesses, including four years in operating leadership roles at Fasson Roll
North America. He was elected senior vice president and chief financial officer
of Avery Dennison in January 2001, and executive vice president and chief
financial officer in 2005.
Lori Bondar joined Avery Dennison in April 2008 as vice president
and controller. Her 25-year career includes executive positions in finance,
risk management and strategic planning at public companies.
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