AVY · Avery Dennison Corp

$178.93 -1.08 (-0.60%) At close · Aug 14

Market Cap

$13.56B

75.79M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Deon Stander	President & Chief Executive Officer	$1,136,538	—	$7,649,430	—	$605,475	$146,932	$9,538,375
Gregory Lovins	CFO	$810,867	—	$2,002,590	—	$245,261	$120,618	$3,181,060
Gregory S. Lovins	SVP & Chief Financial Officer	$810,867	—	$2,002,590	—	$245,261	$120,618	$3,181,060
Danny G. Allouche	SVP & Chief Strategy and	$547,592	$250,000	$1,405,017	—	$137,467	$160,905	$2,500,981
Deena Baker-Nel	SVP & Chief Human Resources Officer	$562,154	—	$1,492,673	—	$133,380	$151,513	$2,339,720
Ryan D. Yost	President, Materials Group	$555,692	—	$1,122,970	—	$156,492	$114,581	$1,949,735
Ignacio J. Walker	SVP & Chief Legal Officer	$548,300	—	$659,934	—	$109,601	$92,141	$1,409,976

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Deon Stander	President & Chief Executive Officer	$1,100,000	—	$6,643,355	—	$1,960,200	$149,817	$9,853,372
Mitchell R. Butier	Executive Chairman	$1,000,000	—	$4,926,903	—	—	$110,447	$6,051,669
Gregory Lovins	CFO	$730,056	—	$1,887,374	—	$665,130	$136,045	$3,420,326
Gregory S. Lovins	Senior Vice President & Chief Financial Officer	$730,056	—	$1,887,374	—	$665,130	$136,045	$3,420,326
Ryan D. Yost	President, Materials Group	$501,442	—	$1,928,833	—	$472,500	$97,710	$3,000,485
Deena Baker-Nel	SVP & Chief Human Resources Officer	$518,646	—	$690,688	—	$349,272	$197,506	$1,756,112
Francisco Melo	President, Solutions Group	$530,295	—	$941,921	—	$136,631	$40,959	$1,649,806
Danny G. Allouche	Senior Vice President, Chief Strategy and Corporate Development Officer & Interim Chief Financial Officer	$448,530	—	$517,283	—	$298,916	$125,422	$1,390,151

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Mitchell R. Butier	Executive Chairman	$1,180,769	—	$8,285,412	—	$0	$228,115	$9,700,108
Deon Stander	President & Chief Executive Officer	$844,231	—	$2,071,369	$3,000,025	$0	$155,337	$6,070,962
Gregory Lovins	CFO	$736,539	—	$3,156,886	—	$0	$156,649	$4,050,895
Gregory S. Lovins	Senior Vice President & Chief Financial Officer	$736,539	—	$3,156,886	—	$0	$156,649	$4,050,895
Deena Baker-Nel	Senior Vice President & Chief Human Resources Officer	$481,277	—	$1,120,641	—	$0	$114,973	$1,716,891
Francisco Melo	President, Solutions Group	$492,075	—	$871,680	—	$0	$21,169	$1,384,924
Nicholas R. Colisto	Senior Vice President & Chief Information Officer	$452,612	—	$715,257	—	$0	$110,828	$1,278,697

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Mitchell R. Butier	Executive Chairman	$1,176,923	—	$6,769,541	—	$974,400	$186,875	$9,107,739
Deon Stander	President & Chief Executive Officer	$664,706	—	$3,454,633	—	$304,500	$125,982	$4,549,821
Gregory Lovins	CFO	$690,315	—	$1,594,295	—	$304,500	$136,184	$2,725,294
Gregory S. Lovins	Senior Vice President & Chief Financial Officer	$690,315	—	$1,594,295	—	$304,500	$136,184	$2,725,294
Ignacio J. Walker	Senior Vice President & Chief Legal Officer	$457,278	—	$492,330	—	$135,695	$94,665	$1,179,969
Deena Baker-Nel	Senior Vice President & Chief Human Resources Officer	$447,200	—	$481,408	—	$132,704	$104,697	$1,166,009

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Mitchell R. Butier	Executive Chairman; Former Chief Executive Officer	$1,183,250	—	$7,047,669	—	$3,360,000	$180,322	$12,433,721
Gregory S. Lovins	Senior Vice President & Chief Financial Officer	$650,445	—	$1,550,961	—	$991,890	$126,497	$3,452,908
Gregory Lovins	CFO	$650,445	—	$1,550,961	—	$991,890	$126,497	$3,452,908
Deon Stander	President & Chief Executive Officer	$565,537	—	$1,508,802	—	$635,012	$124,331	$2,975,821
Deena Baker-Nel	Senior Vice President & Chief Human Resources Officer	$412,000	—	$481,950	—	$416,000	$104,164	$1,501,454
Ignacio J. Walker	Senior Vice President & Chief Legal Officer	$422,781	—	$499,927	—	$425,375	$91,282	$1,439,685

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Mitchell R. Butier	Chairman & Chief Executive Officer	$1,133,000	—	$5,598,133	—	$1,331,275	$182,840	$8,709,348
Gregory Lovins	CFO	$618,000	—	$1,232,041	—	$653,535	$125,223	$2,705,126
Gregory S. Lovins	Senior Vice President & Chief Financial Officer	$618,000	—	$1,232,041	—	$653,535	$125,223	$2,705,126
Deon Stander	President & Chief Operating Officer	$555,129	—	$791,699	—	$379,708	$122,642	$1,969,906
General Manager	RBIS	$555,129	—	$791,699	—	$379,708	$122,642	$1,969,906
Former Senior Vice	President & Chief HR Officer	$548,006	—	$786,713	—	$309,076	$143,996	$1,827,587

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Mitchell R. Butier	Chairman, President & Chief Executive Officer	$1,133,000	—	$5,358,043	—	$1,288,788	$207,177	$8,495,032
Susan C. Miller	Senior Vice President, General Counsel & Secretary	$576,817	—	$1,010,856	—	$317,252	$148,872	$3,124,004
Former Senior Vice	President, General Counsel & Secretary	$576,817	—	$1,010,855	—	$317,252	$148,872	$3,124,003
Gregory S. Lovins	Senior Vice President & Chief Financial Officer	$613,500	—	$1,493,462	—	$421,785	$126,425	$2,736,848
Gregory Lovins	CFO	$613,500	—	$1,493,462	—	$421,785	$126,425	$2,736,848
Georges Gravanis	Former President, LGM	$653,884	—	$1,122,830	—	$356,980	$24,889	$2,158,583
General Manager	RBIS	$551,086	—	$963,728	—	$363,887	$143,172	$2,127,423
Deon Stander	Vice President &	$551,086	—	$963,728	—	$363,887	$143,172	$2,127,423

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Mitchell R. Butier	Chairman, President & Chief Executive Officer	$1,133,000	—	$5,580,651	—	$1,741,988	$254,058	$8,709,697
General Manager	RBIS	$535,290	$750,000	$870,212	—	$388,051	$98,242	$2,641,795
Gregory Lovins	CFO	$587,500	—	$1,140,762	—	$553,500	$123,963	$2,405,725
Gregory S. Lovins	Senior Vice President & Chief Financial Officer	$587,500	—	$1,140,762	—	$553,500	$123,963	$2,405,725
Georges Gravanis	Former President, LGM	$651,785	—	$1,145,707	—	$546,333	$26,640	$2,370,465
Former Senior Vice	President, General Counsel & Secretary	$560,017	—	$1,022,200	—	$416,324	$147,356	$2,145,897
Susan C. Miller	Senior Vice President, General Counsel & Secretary	$560,017	—	$1,022,200	—	$416,324	$147,356	$2,145,897

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Mitchell R. Butier	Chairman, President & Chief Executive Officer	$1,124,750	—	$4,864,416	—	$2,407,625	$218,437	$8,959,468
Susan C. Miller	Senior Vice President, General Counsel & Secretary	$543,706	—	$995,936	—	$558,647	$141,896	$3,548,010
Gregory Lovins	CFO	$480,949	$100,000	$1,038,782	—	$467,500	$283,905	$2,460,762
Gregory S. Lovins	Senior Vice President & Chief Financial Officer	$480,949	$100,000	$1,038,782	—	$467,500	$283,905	$2,460,762
Georges Gravanis	Former President, LGM	$618,551	—	$984,354	—	$598,737	$50,267	$2,251,909

Executive changes

Person	Role	Change	Effective	Filed
Danny G. Allouche	President, Materials Group	Appointed	2026-06-01	2026-06-04
Ryan D. Yost	President, Materials Group	Resigned	2026-06-12	2026-06-04
David Flitman	director	Appointed	2025-07-23	2025-07-24
Gregory S. Lovins	Senior Vice President and Chief Financial Officer	Appointed	2025-04-01	2025-03-31
Martha N. Sullivan	Board of Directors	Resigned	2024-12-31	2025-01-02
Danny G. Allouche	Senior Vice President and Interim Chief Financial Officer	Appointed	2024-11-15	2024-11-15
Ken C. Hicks	member of the Board of Directors	Resigned	2024-11-07	2024-11-08
Maria Fernanda Mejia	director	Appointed	2024-02-22	2024-02-26
Anthony K. Anderson	Board of Directors	Resigned	2023-11-30	2023-11-22
Lori Bondar	Vice President, Controller, Chief Accounting Officer and Treasurer	Retired	2023-09-04	2023-07-27
Mitchell Butier	Executive Chairman	Appointed	2023-09-01	2023-05-24
Deon Stander	member of the Board	Appointed	2023-09-01	2023-05-24
Deon Stander	President and Chief Executive Officer	Appointed	2023-09-01	2023-05-24
Francesca Reverberi	the Board	Appointed	2023-02-23	2023-02-27
William R. Wagner	Board	Appointed	2022-10-27	2022-10-31

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