US labelling technology group Avery Dennison Corporation announced that its board of directors has elected Bruce Karatz as a director of the company, effective as of 1 November 2001.
Karatz, 56, is c…
US labelling technology group Avery Dennison Corporation announced that its board of directors has elected Bruce Karatz as a director of the company, effective as of 1 November 2001. Karatz, 56, is chairman, president and chief executive officer of KB Home. Based in Los Angeles, KB Home is one of America“s largest homebuilders. Karatz joined the corporate staff of KB Home in 1972 and was promoted to the position of president of its homebuilding business in France in 1976. In 1980, he returned to the US to serve as president of all housing operations for the company, and was appointed chief executive officer in 1985. Karatz was named chairman of KB Home in 1993. He currently serves on the board of directors of Honeywell, The Kroger Company and National Golf Properties, Inc. Karatz has received numerous awards and honours, including the Legend Award in 2001 from the Home Builders Association of Northern California and Builder of the Year Award in 2000 from the Building Association of Southern California. He is active in a variety of leadership positions at non-profit organizations. Avery Dennison also announced that its board of directors has amended the bylaws of the company to increase the size of the board from 12 to 13 members. Karatz will become the thirteenth member of the board.