AI English summary of an SEC filing — figures as filed
Avery Dennison AVYThe company said its board, on the recommendation of the Governance Committee, appointed Ward Dickson as a director on May 31, 2024, effective June 1, 2024. Under the same recommendation, he will serve as chair of the Audit Committee and as a member of the Finance Committee.
Key points
AI summaryThe company said its board, on the recommendation of the Governance Committee, appointed Ward Dickson as a director on May 31, 2024, effective June 1, 2024. Under the same recommendation, he will serve as chair of the Audit Committee and as a member of the Finance Committee.
The company said that on June 3, 2024, under its non-employee director compensation program, it granted Dickson an equity award prorated for the remaining months until the 2025 Annual Meeting of Stockholders, consisting of 753 restricted stock units (RSUs). The RSUs vest in full on the 1 anniversary of the grant date.
In its press release, the company said Dickson, 61, served as executive vice president and chief financial officer of WestRock Company from July 2015 to November 2021. He held the same position at RockTenn Company from September 2013 to July 2015, and before that held finance roles at Cisco Systems, Inc.
The company said lead independent director Patrick Siewert described Dickson as a finance leader with broad experience across a variety of industries. Executive Chairman Mitch Butier said Dickson has deep financial expertise, significant time in the packaging solutions industry and public company board experience.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Ward Dickson Appointed to Board; Committee Roles
The company said its board, on the recommendation of the Governance Committee, appointed Ward Dickson as a director on May 31, 2024, effective June 1, 2024. Under the same recommendation, he will serve as chair of the Audit Committee and as a member of the Finance Committee.
Source · Based on the filing body and exhibits
RSU Grant Under Non-Employee Director Compensation Program
The company said that on June 3, 2024, under its non-employee director compensation program, it granted Dickson an equity award prorated for the remaining months until the 2025 Annual Meeting of Stockholders, consisting of 753 restricted stock units (RSUs). The RSUs vest in full on the 1 anniversary of the grant date.
Source · Based on the filing body and exhibits
Ward Dickson's Career Background
In its press release, the company said Dickson, 61, served as executive vice president and chief financial officer of WestRock Company from July 2015 to November 2021. He held the same position at RockTenn Company from September 2013 to July 2015, and before that held finance roles at Cisco Systems, Inc.
Source · Based on the filing body and exhibits
Board Comments on Dickson's Appointment
The company said lead independent director Patrick Siewert described Dickson as a finance leader with broad experience across a variety of industries. Executive Chairman Mitch Butier said Dickson has deep financial expertise, significant time in the packaging solutions industry and public company board experience.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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