Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Julia A. Stewart departed as Director at Avery Dennison Corp.
- Action
- not stand for reelection
- Role
- Director
Exact text from the filing
On February 20, 2024, Julia A. Stewart, a 21-year member of the Board of Directors ('Board') of Avery Dennison Corporation (the 'Company'), notified the Company’s Executive Chairman and Lead Independent Director of her decision not to stand for reelection at the Company’s Annual Meeting of Stockholders to be held on April 25, 2024 (the 'Annual Meeting') in order to dedicate her efforts to the health and wellness venture she founded.
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Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Avery Dennison Corp: Amended and restated bylaws to make various changes including registered office, advance notice procedures, voting standard for contested elections, director count, indemnification, and adoption amendment procedures (effective 2024-02-22).
- Change
- bylaw amendment
- Effective
- 2024-02-22
Exact text from the filing
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On February 22, 2024, the Board amended and restated the Company’s bylaws, effective as of that date (as so amended and restated, the “Amended and Restated Bylaws”), to, among other things: • Amend the provision governing the location of the Company’s registered office to provide that the registered office of the Company shall be fixed in the Company’s certificate of incorporation; • As to a stockholder’s obligation to update and supplement such stockholder’s notice of director nominations and proposals of business, clarify that such updated information shall not limit the Company’s rights with respect to any deficiencies in any notice, to extend any applicable deadlines or to permit a stockholder to amend or update any proposal or to submit a new proposal; • Specify the time period for determining whether a contested election exists for purposes of the voting standard for the election of directors; •
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