Avery Dennison Names CFO

Avery Dennison Corp. has appointed Gregory Lovins to the post of senior vice president and chief financial officer. Lovins joined the pressure-sensitive and functional materials company in 1998 as a financial planning and analysis manager for its Fasson Roll North America division. He has since held roles of increasing responsibility within the company, most recently serving as vice president and interim chief financial officer following the March departure of Anne Bramman. “Greg is a seasoned finance executive and an excellent leader,” Avery Dennison Chief Executive Mitch Butier said in a statement. “He brings with him extensive financial expertise and business acumen … and will play a vital role in continuing to position our business for long-term success.” Avery Dennison, headquartered in Glendale, employs more than 25,000 workers at its global offices and manufacturing facilities. The company reported $6.1 billion in sales during 2016. Avery Dennison stock (AVY) rose 32 cents, or less than 1 percent, on Tuesday to close at $91.75 on the New York Stock Exchange.