Avery Dennison Elects David E. I. Pyott New Director.PASADENA, Calif.--(BUSINESS WIRE)--Oct. 28, 1999-- Avery 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 its board of directors has elected David E. I. Pyott as a director of the Company, effective as of November 1, 1999. Pyott, 46, is president and chief executive officer of Allergan, Inc. (NYSE:AGN AGN Again (Amateur Radio) AGN Active Galactic Nucleus AGN Acute Glomerulonephritis AGN Accountants Global Network AGN Air Gabon (ICAO code) ). Based in Irvine, Calif., Allergan is a global health care company providing eye care and specialty pharmaceutical products worldwide. Allergan develops and sells medical products in more than 100 countries in the eye care pharmaceutical, opthalmic surgical device, over-the-counter contact lens contact lens, thin plastic lens worn between the eye and eyelid that may be used instead of eyeglasses. Actors, models, and others wear them for appearance, and athletes use them for safety and convenience. care, movement disorder, and dermatological markets. "David Pyott will be a tremendous asset to our board of directors," said Charles D. Miller, chairman of Avery Dennison. "He is a talented executive with extensive international business experience and proven expertise in managing technology-driven operations. David's knowledge and skills will benefit the Company's board of directors in numerous ways." Pyott has served as president and chief executive officer of Allergan since January 1, 1998. Prior to joining the company, he was with Switzerland-based Novartis AG, serving as head of the Novartis Nutrition Division and as a member of the executive committee. Before Novartis was created by the 1996 merger of CIBA-Geigy AG and Sandoz AG, Pyott was head of the Sandoz Nutrition Division and a member of the executive board of Sandoz. He joined Sandoz in 1980 in operational planning and international product management, and served in increasingly responsible positions including marketing manager in Malaysia and Singapore, general manager in Austria and then in Spain, and president and chief executive officer of Sandoz Nutrition Corporation in the United States. Pyott represents Allergan as a member of the board of directors of the Pharmaceutical Research and Manufacturers of America Pharmaceutical Research and Manufacturers of America (PhRMA) is an industry trade group representing the pharmaceutical research and biotechnology companies in the United States. , an organization comprised of the leading research-based pharmaceutical and biotechnology companies in the United States. He also serves as a director of the California Healthcare Institute. Pyott is a board member of the Directors' Board of the University of California The University of California has a combined student body of more than 191,000 students, over 1,340,000 living alumni, and a combined systemwide and campus endowment of just over $7.3 billion (8th largest in the United States). (Irvine) Graduate School of Management and also serves on the Executive Committee. He is a member of the Los Angeles Business Advisors. Pyott holds a diploma in German and European Law from the Europa Institute at the University of Amsterdam, a master of arts Master of Arts Noun a degree, usually postgraduate in a nonscientific subject, or a person holding this degree Noun 1. Master of Arts - a master's degree in arts and sciences Artium Magister, MA, AM degree from the University of Edinburgh (body, education) University of Edinburgh - A university in the centre of Scotland's capital. The University of Edinburgh has been promoting and setting standards in education for over 400 years. and an M.B.A. from London Business School Around 800 degree students, from 70 countries, graduate from the school each year. Over 80 percent of students, and over 70 percent of faculty, come from outside the UK. A further 6,000 executives attend the school executive education programmes each year. . Avery Dennison also announced that its board of directors has amended the bylaws The rules and regulations enacted by an association or a corporation to provide a framework for its operation and management. Bylaws may specify the qualifications, rights, and liabilities of membership, and the powers, duties, and grounds for the dissolution of an of the Company to increase the size of the board from 11 to 12 members. Pyott will become the twelfth member of the board. 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 1998 sales of $3.5 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, battery labels, reflective highway safety products, automated retail tag and labeling systems, and specialty tapes and chemicals. For more information visit the Avery Dennison Web site at www.averydennison.com. |
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