Avery Dennison Corporation (NYSE: AVY) has appointed Maria Fernanda Mejia to its board of directors, effective February 22, 2024. Maria Fernanda Mejia, 60, brings with her a wealth of experience from her previous role as the retired CEO, International, for Newell Brands Inc., which reported $8.1 billion in fiscal 2023 revenues.
Mejia's background includes senior leadership positions at Kellogg Company and Colgate-Palmolive, spanning various geographies. Her appointment has been met with enthusiasm from the board, with Patrick Siewert, the lead independent director, expressing great pleasure in welcoming her.
Avery Dennison, a global materials science and digital identification solutions company, reported sales of $8.4 billion in 2023. The company's products and solutions cater to a wide range of industries, including home and personal care, apparel, retail, e-commerce, logistics, food and grocery, pharmaceuticals, and automotive, employing approximately 35,000 individuals across more than 50 countries.
The addition of Maria Fernanda Mejia to the board brings deep expertise in consumer goods industries, significant international experience, and public company board experience, according to Mitch Butier, the executive chairman of the Board for Avery Dennison. The company looks forward to leveraging her expertise as they continue to create long-term value for all stakeholders.
Following these announcements, the company's shares moved -0.2%, and are now trading at a price of $214.31. Check out the company's full 8-K submission here.
