Mitchell R. Butier is the former CEO and current Executive Chairman of Avery Dennison, a company he has been part of since 2000. He started as a Vice President and Controller and worked his way up the ranks. Butier holds...
Mitchell R. Butier is the former CEO and current Executive Chairman of Avery Dennison, a company he has been part of since 2000. He started as a Vice President and Controller and worked his way up the ranks. Butier holds a Bachelor's degree in Finance from the University of Southern California, and his expertise in finance has been key in his leadership role. His compensation has fluctuated significantly over the years, with a total of $12.4 million in 2021, which included a massive bonus based on the company's performance metrics. He stepped down as CEO on August 31, 2023, but continues to influence the company as Chairman. One interesting aspect of his tenure is that he faced challenges meeting performance targets, resulting in no bonuses in some years, including 2023, despite being a long-time leader at the company. Butier's commitment to performance-based compensation reflects his focus on aligning shareholder interests and maintaining the company's financial health. His trading activity shows his strong confidence in the company's prospects, evidenced by insider transactions where he held up to $66 million in stock value recently. Overall, his journey at Avery Dennison highlights the mix of performance and leadership in navigating the corporate landscape.