AVY 8-K
Avery Dennison Corp (AVY)
8-K
2025-07-24
For: 2025-07-23
View Original
Added on
April 09, 2026
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||
(Address of principal executive offices) | (Zip Code) | |||||||
Registrant’s telephone number, including area code (440 ) 534-6000
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Section 5 — Corporate Governance and Management
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(d) On July 23, 2025, upon the recommendation of its Governance Committee, the Board of Directors (the “Board”) of Avery Dennison Corporation, a Delaware corporation (the “Company”), appointed David Flitman as a director, effective on that date.
In connection with his appointment and in accordance with the Company’s non-employee director compensation program, on July 23, 2025, Mr. Flitman was granted an equity award prorated for the remaining months of the term ending at the 2026 Annual Meeting of Stockholders, which consisted of 765 restricted stock units that will cliff-vest on the first anniversary of the grant date. In addition, Mr. Flitman will be eligible to participate in the Company’s non-employee director compensation program as described in its proxy statement filed with the Securities and Exchange Commission on March 7, 2025.
A copy of the press release issued on July 24, 2025 announcing Mr. Flitman’s appointment to the Board is attached as Exhibit 99.1 hereto and incorporated herein by reference.
Section 9 — Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits.
| Exhibit Number | Exhibit Title | |||||||
| 99.1 | Press Release dated July 24, 2025, announcing appointment of David Flitman to the Board of Directors of Avery Dennison Corporation | |||||||
| 104 | Cover Page Interactive Data File (formatted in Inline XBRL and contained in Exhibit 101) | |||||||
EXHIBIT INDEX
| Exhibit Number | Exhibit Title | |||||||
| 99.1 | ||||||||
| 104 | Cover Page Interactive Data File (formatted in Inline XBRL and contained in Exhibit 101) | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| AVERY DENNISON CORPORATION | ||||||||||||||
| Date: July 24, 2025 | By: | /s/ Deon M. Stander | ||||||||||||
Name: Title: | Deon M. Stander President and Chief Executive Officer | |||||||||||||
Exhibit 99.1
 | News Release | ||||
DAVID FLITMAN APPOINTED TO
AVERY DENNISON BOARD OF DIRECTORS
MENTOR, Ohio — July 24, 2025 — Avery Dennison Corporation (NYSE: AVY), a leading global materials science and digital identification solutions company, today announced that its board of directors has appointed David Flitman as a director, effective July 23, 2025.
Flitman, 61, serves as chief executive officer of US Foods Holding Corporation, a leading foodservice distributor, with $37.9 billion in fiscal 2024 revenues. He previously served as president and chief executive officer of Builders Firstsource Incorporated from 2021 to 2022, and BMC Stock Holdings Incorporated from 2018 to 2021.
“We are extremely pleased to welcome Dave to our board. He brings extensive CEO experience navigating dynamic business environments, as well as deep expertise in the food industry—a segment that represents a significant growth opportunity for Avery Dennison,” said Mitch Butier, chairman of the Avery Dennison board. “We look forward to working with Dave to continue creating long-term value for all our stakeholders.”
Flitman has a BS in Chemical Engineering from Purdue University.
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About Avery Dennison
Avery Dennison Corporation (NYSE: AVY) is a global materials science and digital identification solutions company. We are Making Possible™ products and solutions that help advance the industries we serve, providing branding and information solutions that optimize labor and supply chain efficiency, reduce waste, advance sustainability, circularity and transparency, and better connect brands and consumers. We design and develop labeling and functional materials, radio-frequency identification (RFID) inlays and tags, software applications that connect the physical and digital, and offerings that enhance branded packaging and carry or display information that improves the customer experience. Serving industries worldwide — including home and personal care, apparel, general retail, e-commerce, logistics, food and grocery, pharmaceuticals and automotive — we employ approximately 35,000 employees in more than 50 countries. Our reported sales in 2024 were $8.8 billion. Learn more at www.averydennison.com.
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