Avery Dennison names new president and COO.

Position:INDUSTRY News

* Avery Dennison has elected Mitchell R. Butier as president and chief operating officer. Butier, 43, has been the company's senior vice president and chief financial officer since June 2010 and will continue to serve as CFO until a successor is named. Dean A. Scarborough continues as chairman and chief executive officer.

"Mitch has been a great thought partner in shaping our business model and an architect of our value creation strategy," says Scarborough. "He has worked in both of our core businesses and played an instrumental role in developing their strategies for profitable growth."

As COO, Butier will be responsible for the company's operations, with all business unit leaders reporting to him. Donald Nolan, president of the Materials Group, will leave the company after a brief transition period. As a result, Butier will assume direct oversight of the materials businesses as...

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