secwatch.observer — SEC 8-K summary
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Issuer:     Avery Dennison Corp (AVY)
CIK:        0000008818
Form:       8-K
Filed at:   2023-07-27T23:59:59+00:00
Accession:  0000008818-23-000014
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/8818/000000881823000014/0000008818-23-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/8818/000000881823000014/avy-20230724.htm
  HTML page:      https://secwatch.observer/filing/0000008818-23-000014

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer