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Ken Hicks Elected to Avery Dennison Board of Directors

Thursday, July 26, 2007

Press release from the issuing company

Wednesday July 25 PASADENA, Calif.-- Avery Dennison Corporation today announced that its board of directors has elected Ken C. Hicks as a director of the Company, effective July 25, 2007.
Hicks is president and chief merchandising officer of J.C. Penney Company, Inc., one of America's leading retailers with 2006 annual revenue of approximately $20 billion. He is responsible for JCPenney's merchandising, marketing, product development and sourcing, planning and allocation for stores, Internet and catalog.
"Ken Hicks is an excellent addition to our board of directors," said Dean A. Scarborough, president and chief executive officer of Avery Dennison. "He is a seasoned executive with extensive merchandising and operational expertise and excellent leadership skills. Ken has produced an outstanding record in the retail industry where he has increased sales and improved margins throughout his 20-year career. He will offer us significant insights into merchandising, marketing and branding."
Hicks joined JCPenney in 2002 as president and chief operating officer and was appointed to his current position in 2005. Previously, he was president of Payless ShoeSource, Inc. and executive vice president and general merchandise manager of the Home Shopping Network. Hicks has also held a number of senior merchandise positions at May Department Stores and was senior engagement manager at McKinsey & Co. Hicks spent six years in the U.S. Army. He is on the board of directors of the National 4-H Council. Hicks received an undergraduate degree from the U.S. Military Academy and an MBA from the Harvard Business School.

 

 

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