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Saturday, July 02, 2022
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Mitch Butier — Avery Dennison Corp.
Chief Executive and President
THE LATEST:
The Glendale-based manufacturer of labeling products posted $6.9 billion in revenue in 2020, a 1.4% dip from 2019, and said it plans to reach $9 billion by 2025. Avery Dennison also generated adjusted net income of $597 million, a 6.5% year-over-year increase. The company, which has 32,000 employees and operates in 30 countries, also acquired JDC Solutions Inc. for $24 million, and ACPO for $88 million.
BACKGROUND:
Butier was named chief executive at Avery Dennison in 2016 after serving as president and chief operating officer since 2014. He oversees global manufacturing operations for the company, which manufactures and distributes display graphics, labeling and packaging materials, retail graphic embellishments, and radio-frequency identification tags for a range of industries. Butier previously was with PricewaterhouseCoopers in a number of positions, including corporate vice president, global finance. Butier earned a bachelor’s degree in accounting from Loyola Marymount University.
YEARS ON THE LA500:
4
Return to the 2021 edition of the LA500.