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William (“Bill”) Wagner Appointed to Avery Dennison Board of Directors
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary
Avery Dennison Corporation (NYSE: AVY) has appointed Bill Wagner as a director, effective October 27, 2022. Wagner, 55, is a seasoned leader with extensive experience in technology, previously serving as president and CEO of GoTo Group, a global SaaS firm with $1.3 billion in revenues for fiscal 2021. His expertise in emerging digital technologies is expected to enhance Avery Dennison's Intelligent Labels platform, driving innovation and growth. This appointment is seen as a strategic move to strengthen leadership amid ongoing advancements in digital solutions.
Positive
Appointment of Bill Wagner as director, bringing extensive technology leadership experience.
Wagner's expertise in digital technologies expected to enhance the Intelligent Labels platform.
Negative
None.
MENTOR, Ohio--(BUSINESS WIRE)--
Avery Dennison Corporation (NYSE: AVY) today announced that its board of directors has appointed William (“Bill”) Wagner a director, effective October 27, 2022.
Wagner, 55, is the retired president and CEO of GoTo Group, a global SaaS company and pioneer in remote work technology and IoT, with $1.3 billion in fiscal 2021 revenues.
“We are extremely pleased to welcome Bill to our board,” said Patrick Siewert, lead independent director and chair of the Governance Committee of the Board of Directors, Avery Dennison. “He is an accomplished technology leader with a proven track record of driving innovation and growth.”
“Bill brings deep expertise through his leadership and experience with emerging digital technologies,” added Mitch Butier, chairman of the Board and CEO, Avery Dennison. “His knowledge will be invaluable to Avery Dennison, particularly as we continue to grow our Intelligent Labels platform.”
Wagner joined GoTo Group, formerly known as LogMeIn, Inc., as chief operating officer in 2013 from Vocus, Inc. where he was executive vice president and chief operating officer. As part of his three decades in the technology industry, he previously served in positions at Fiberlink Communications Corporation and AT&T Corporation.
Wagner has an MBA from the Wharton School of the University of Pennsylvania, as well as a BA from Lafayette College.
About Avery Dennison
Avery Dennison Corporation (NYSE: AVY) is a global materials science company specializing in the design and manufacture of a wide variety of labeling and functional materials. The company’s products, which are used in nearly every major industry, include pressure-sensitive materials for labels and graphic applications; tapes and other bonding solutions for industrial, medical, and retail applications; tags, labels and embellishments for apparel; and radio frequency identification (RFID) solutions serving retail apparel and other markets. The company employs approximately 36,000 employees in more than 50 countries. Reported sales in 2021 were $8.4 billion. Learn more at www.averydennison.com.
