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 February 5, 2007, regarding events occurring on February 2, 2007. The filing addresses a change in senior management personnel.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to corporate governance updates and does not contain financial performance data.
Material Changes
On February 2, 2007, Michael A. Skovran resigned from his position as Vice President and Controller (principal accounting officer). Mr. Skovran has accepted a senior financial position with another company. The Company intends to announce the selection of a new Vice President and Controller before the end of February 2007.
Guidance, Outlook, and Risks
The filing contains no guidance, outlook, management commentary on operations, risks, contingencies, or unusual items. The report is strictly informational regarding the officer's departure.
Key Facts for Investor Verification
- Michael A. Skovran resigned as Vice President and Controller on February 2, 2007.
- The resignation was due to accepting a senior financial position at another company.
- A successor is expected to be named before the end of February 2007.
- The report was signed by Daniel R. O'Bryant, Executive Vice President, Finance and Chief Financial Officer.