Avery Dennison CAO retires; Santiago named Controller effective Aug 14, 2023

Avery Dennison Corp

Lori Bondar, VP, Controller, CAO and Treasurer, retires effective Sept 4, 2023, after 15 years at the company.
Divina Santiago, age 53, elected VP, Controller effective Aug 14, 2023; becomes principal accounting officer Sept 5, 2023.
Santiago's compensation: $325K base salary, 40% target AIP, 60% target LTI, plus $40K executive benefit allowance.
Santiago previously served as VP, Assistant Controller, SOX and Financial Reporting since April 2022.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Lori Bondar

Vice President, Controller, Chief Accounting Officer and Treasurer

AVY · Avery Dennison Corp

Effective: 2023-09-04
Successor: Divina Santiago
Filed: July 27, 2023, 7:59 PM ET

On July 24, 2023, Lori Bondar, Vice President, Controller, Chief Accounting Officer and Treasurer of Avery Dennison Corporation, a Delaware corporation (the “Company”), notified the Company of her decision to retire effective September 4, 2023.

Appointed

Divina Santiago

Vice President, Controller

AVY · Avery Dennison Corp

Effective: 2023-08-14
Filed: July 27, 2023, 7:59 PM ET

on July 26, 2023, the Company’s Board of Directors (the “Board”), elected Divina Santiago, age 53, as the Company’s Vice President, Controller, effective August 14, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Lori Bondar departed as Vice President, Controller, Chief Accounting Officer and Treasurer at Avery Dennison Corp.

Action: retire
Role: Vice President, Controller, Chief Accounting Officer and Treasurer

Exact text from the filing

On July 24, 2023, Lori Bondar, Vice President, Controller, Chief Accounting Officer and Treasurer of Avery Dennison Corporation, a Delaware corporation (the “Company”), notified the Company of her decision to retire effective September 4, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Divina Santiago was elected as Vice President, Controller at Avery Dennison Corp.

Action: elected
Role: Vice President, Controller

Exact text from the filing

on July 26, 2023, the Company’s Board of Directors (the “Board”), elected Divina Santiago, age 53, as the Company’s Vice President, Controller, effective August 14, 2023.

View on SEC.gov

Avery Dennison Corp filing history →

Source: SEC EDGAR

accession 0000008818-23-000014

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