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Avery Dennison announces CFO resignation

Vice president, finance, and company Chief Financial Officer Robert M. Calderoni has left US labelling technology group Avery Dennison to join e-commerce and networking company Ariba.
“I regret that …

Vice president, finance, and company Chief Financial Officer Robert M. Calderoni has left US labelling technology group Avery Dennison to join e-commerce and networking company Ariba. “I regret that Bob will be leaving our company, but understand his desire to return to the high-technology sector,” said Philip M. Neal, chairman and CEO at Avery Dennison. “Bob has made many contributions in his three years as CFO at Avery Dennison; he has built a solid platform of financial management strategies at Avery Dennison that will provide benefits to the company for years to come.” Neal said that several senior executives at Avery Dennison are being considered to replace Calderoni, and that a decision will be made before the end of 2000.

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