Dean A. Scarborough has been a prominent figure at Avery Dennison, a global leader in labeling and packaging materials, since 2010. He transitioned to President and CEO after being with the company in various roles since 2005. With a Bachelor's...
Dean A. Scarborough has been a prominent figure at Avery Dennison, a global leader in labeling and packaging materials, since 2010. He transitioned to President and CEO after being with the company in various roles since 2005. With a Bachelor's degree from UCLA, Scarborough has a solid educational foundation in business. Under his leadership, the company has seen considerable changes, including performance-based compensation plans that align executive pay with the company's financial results. This means Scarborough's compensation was closely tied to the company's performance metrics like sales growth and free cash flow. Interesting to note, in 2016, as he transitioned to the role of Executive Chairman, his total compensation dropped to just over $2.8 million from a peak of $8.5 million in 2015. Scarborough also has a stake in Avery Dennison stock, which has fluctuated significantly over the years, reaching both highs and lows as he actively managed his holdings, indicating his confidence in the company's direction. His emphasis on retaining top talent aligns well with executive perks, such as a comprehensive retirement plan and other benefits aimed at ensuring that key executives stay focused on long-term goals. Scarborough’s management style reflects a strong commitment to performance and strategic success for the company and its shareholders.