Mitchell Butier

Executive Chairman, Avery Dennison

Search every verified Mitchell Butier interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Mitchell Butier, Executive Chairman at Avery Dennison, discussed the company's performance and strategy during earnings calls for the third quarter of 2020, second quarter of 2020, and fourth quarter of 2019. In the Q3 2020 call, he stated that the company demonstrated resilience across business cycles, with revenue exceeding initial expectations and adjusted earnings per share growing 15% despite lower sales, attributing this to cost reduction actions. He also emphasized the importance of scenario planning, noting that the company prepares for multiple environments, though he acknowledged the pandemic was an unforeseen root cause. Regarding RFID, he said momentum was building within the intelligent label platform, with a notable increase in early-stage pipeline development in apparel, and he highlighted that consumer behavior and retailer communications in late Q4 would be key drivers for the business. In the Q2 2020 call, Butier addressed challenges in the apparel market, noting that about 75% of the RFID business was linked to apparel, and he expressed confidence that the business would rebound, citing its mix of high-value segments such as intelligent labels. He also discussed market share in Europe, clarifying that while revenue was down mid-single digits, volume was up high single digits, nearly 10%, within the quarter. In the Q4 2019 call, he described the SmartTrack acquisition as bringing new RFID technologies, including NFC and sensors for applications like interactive garments, and he discussed efforts in the labels and graphics materials segment to focus on recyclability and innovation, such as launching recycled face materials. He also noted that the industrial healthcare materials business was a near adjacency to existing operations, leveraging the company's adhesives and coating capabilities.