7 May 1998: The board of directors of Avery Dennison Corp. of the US has declared a quarterly cash dividend of US$ 0.21 per share.
The dividend is payable on 17 June 1998, to shareholders of record …
7 May 1998: The board of directors of Avery Dennison Corp. of the US has declared a quarterly cash dividend of US$ 0.21 per share. The dividend is payable on 17 June 1998, to shareholders of record at the close of business on 3 June1998. Avery Dennison develops, manufactures and markets innovative self-adhesive solutions for consumer products and label systems. Approximately 16,400 employees in 200 manufacturing and sales facilities produce and sell Avery Dennison products in 89 countries. Meanwhile, the company“s board of directors recently appointed Philip M. Neal, currently president and chief operating officer, as president and chief executive officer. Neal, 57, will assume the new role on 1 May, replacing Charles Miller, who has served as CEO for the past 21 years. Miller, 70, will remain as chairman of the board of directors for two years.