Ahmed Rubaie Promoted to Corporate Officer At Avery Dennison.Business Editors PASADENA, Calif.--(BUSINESS WIRE)--March 19, 2002 Avery Dennison Avery Dennison Corporation (NYSE: AVY) produces pressure-sensitive materials (such as self-adhesive labels), office products, and various paper products. R. Stanton Avery founded Avery in 1935. Avery Dennison Corporation was created in 1990 by merger of Avery and Dennison. Corporation (NYSE NYSE See: New York Stock Exchange :AVY) (PCX (1) A bitmapped graphics file format that handles monochrome, 2-bit, 4-bit, 8-bit and 24-bit color and uses RLE to achieve compression ratios of approximately 1.1:1 to 1.5:1. Images with large blocks of solid colors compress best under the RLE method. See PC Paintbrush. :AVY) today announced that Ahmed Rubaie, vice president, Taxes, has been elected a corporate officer by the Company's board of directors. Rubaie, 35, is based at Avery Dennison's Charles D. Miller Corporate Center in Pasadena, California Pasadena is a city in Los Angeles County, California, United States. As of the 2000 census, the city population was 133,936 and the 160th largest city in the United States. The California Finance Department estimates the Pasadena population to be 146,166 in 2005. . "Ahmed's expertise in international tax planning Tax planning Devising strategies throughout the year in order to minimize tax liability, for example, by choosing a tax filing status that is most beneficial to the taxpayer. and global structuring, as well as his international financial management background, have been instrumental in directing the Company's global tax planning and compliance operations," said Philip M. Neal, chairman and chief executive officer of Avery Dennison. "We look forward to his continued leadership and contributions to the Company's financial management strategies that support the growth initiatives of our business." As vice president, Taxes, Rubaie is responsible for all areas of the Company's worldwide corporate tax activities. He provides leadership to Avery Dennison business units on tax-related issues and advises senior management on structuring financial transactions, including acquisitions and divestitures. Rubaie reports to Daniel R. O'Bryant, senior vice president, Finance, and chief financial officer. Rubaie joined Avery Dennison in December, 2000, as vice president, Taxes, in a staff officer role. Prior to joining Avery Dennison, he served in several key positions at BHP, a global natural resource company. Most recently, he was appointed vice president, Commercial, at the company's global diamonds and industrial minerals operations based in Melbourne, Australia. Prior to that, he held various strategic tax positions in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden and an overseas assignment in Santiago, Chile Santiago, officially Santiago de Chile (Spanish: (helpinfo)), is the capital of Chile, and the center of its largest conurbation (Greater Santiago). , as tax counsel. Before joining BHP in 1994, Rubaie worked as an international tax consultant in Detroit, Mich., and Washington, D.C., at the public accounting firms of Deloitte & Touche and Coopers & Lybrand. In 1988, Rubaie earned a bachelor of arts degree in economics and management from Albion College Albion College is a small, private liberal arts college located in Albion, Michigan. Related to the United Methodist Church, it was founded in 1835 and was the first private college in Michigan to have a chapter of Phi Beta Kappa. It has a student population of about 1900. in Albion, Mich., and in 1992 he earned a juris doctorate degree from the University of Detroit School of Law. Avery Dennison is a global leader in pressure-sensitive technology and innovative self-adhesive solutions for consumer products and label materials. Based in Pasadena, Calif., the Company had 2001 sales of $3.8 billion. Avery Dennison develops, manufactures and markets a wide range of products for consumer and industrial markets, including Avery-brand office products, Fasson-brand self-adhesive materials, peel-and-stick postage stamps, reflective highway safety products, automated retail tag and labeling systems, and specialty tapes and chemicals. |
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