Avery Dennison Corporation (AVY, Financial) has announced the resignation of Martha N. Sullivan from its Board of Directors, effective December 31, 2024. Sullivan, who has been a dedicated member of the board for 12 years, has decided to step down to explore new professional opportunities. The company confirmed that her departure is not due to any disagreements related to the company's operations, policies, or practices.
This change in the board's composition comes as Avery Dennison continues to navigate the evolving business landscape. The company, known for its innovative solutions in labeling and packaging materials, remains committed to maintaining strong governance and leadership as it moves forward.
Investors and stakeholders will be watching closely to see how this transition impacts the company's strategic direction and governance. Avery Dennison's leadership team, including the Executive Chairman, CEO, and the Board's Governance Committee, will be instrumental in ensuring a smooth transition and continued focus on the company's long-term goals.
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