Avery Dennison Corp. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Avery Dennison Corporation on July 30, 2007, covering events that occurred on July 25, 2007. The filing addresses corporate governance changes, specifically the election of a new director and an amendment to the Company's Bylaws.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance matters and does not contain financial performance data.
Material Changes
- Board Election: Ken C. Hicks was elected as a director effective July 25, 2007. He was also appointed to the Nominating and Governance Committee.
- Bylaw Amendment: The Board of Directors amended Section 2 of Article III of the Bylaws to increase the total size of the Board from 10 to 11 members, effective July 25, 2007.
Guidance, Outlook, and Risks
The filing does not contain management commentary on financial guidance, future outlook, risks, contingencies, or unusual items. The document serves solely to disclose the specific governance changes listed above.
Key Facts for Investor Verification
- Verify the effective date of Ken C. Hicks' directorship and committee membership (July 25, 2007).
- Confirm the updated total number of Board seats is now 11.
- Review the attached news release (Exhibit 99.1) for additional biographical details on the new director.
- Note that no financial results or operational updates are included in this specific filing.