Avery Dennison Names Gregory S. Lovins as Senior Vice President and Chief Financial Officer

Avery Dennison Corporation (NYSE:AVY) today announced the appointment of Gregory S. Lovins to senior vice president and chief financial officer, effective immediately.

Mr. Lovins, 45, will be responsible for leading financial operations across Avery Dennison, and will also oversee the company’s information technology group.

Mr. Lovins has served as the company’s vice president and interim chief financial officer since March 2017 and has also been the company’s treasurer since August 2016. He has more than 20 years of experience with Avery Dennison, having served in various positions of increasing responsibility across the company, including global finance leadership for what is now the Label and Graphic Materials segment.

“Greg is a seasoned finance executive and an excellent leader, and the Board of Directors and I are delighted to have him as our CFO,” said Mitch Butier, president and CEO, Avery Dennison. “He brings with him extensive financial expertise and business acumen, and he will play a vital role in continuing to position our business for long-term success.”

“I am thrilled with this opportunity that comes at an exciting time for Avery Dennison,” said Lovins. “I look forward to working with the entire team to continue building on our strong foundation and achieving our long-term strategic and financial objectives.”

Mr. Lovins earned an MBA from the Weatherhead School of Management at Case Western Reserve University and a BS in Finance from Miami University.
http://www.investors.averydennison.com/phoenix.zhtml?c=97892&p=irol-newsArticle&ID=2285581

Related Posts

UPM Raflatac Receives APR Design® for Recyclability Recognitions for Three Types of BOPP Label Solutions

UPM Raflatac, a global supplier of innovative and sustainable self-adhesive paper and film products, has been formally recognized by the Association of Plastic Recyclers (APR) for three types of biaxially-oriented polypropylene (BOPP) label products for HDPE and PP package recycling. These include Undecorated BOPP with hotmelt adhesive, Undecorated BOPP with RW85C, and Metalized undecorated BOPP with general purpose acrylic adhesive. APR Design® for Recyclability Recognition provides third-party validation that a package or packaging component’s design is compatible with the North American recycling system. This process has now confirmed that UPM Raflatac’s BOPP products, as stated above, have met the highest criteria for recyclability according to the APR Design® Guide. UPM Raflatac’s latest recognitions are all for HDPE and PP recycling.

The Board of BillerudKorsnäs has decided on repurchase of shares

The Board of BillerudKorsnäs has decided to exercise the authorization granted to it by the Annual General Meeting on 10 May 2017, regarding repurchase of own shares. At the time of this press release, BillerudKorsnäs has 948,476 own shares in treasury. Repurchases may take place on one or more occasions during the period from 12 September 2017 until the next Annual General Meeting, up to a maximum amount of 314,690 shares. Repurchases shall be made on Nasdaq Stockholm at a price per share that is within the registered interval at any given time, i.e. the interval between the highest buying price and lowest selling price. Payment for the shares shall be made in cash. The purpose of the repurchase is to secure future delivery of shares to the participants in BillerudKorsnäs’ long term share based incentive programmes.

Ashdown Mill A62 Paper Machine Resumes Full Operation

The A62 paper machine at our Ashdown Mill is once again fully operational thanks to excellent planning and foresight by our commercial paper team, along with outstanding dedication and agility from our manufacturing production team. The strategic initiative to restart the previously idled machine, as well as a sheeter to convert the rolls into cartons of copy paper, is helping us maintain our leadership position in the North American uncoated freesheet paper market and deliver the service and quality our customers expect.
Back To Top
×Close search
Search