{"schema_version":"secwatch.filing_event.v1","accession":"0000008818-26-000116","form_type":"8-K","ticker":"AVY","cik":"0000008818","company_name":"Avery Dennison Corp","filed_at":"2026-06-04T10:44:00+00:00","discovered_at":"2026-06-04T10:45:00.320378+00:00","generated_at":"2026-06-04T10:45:12.721378+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Avery Dennison names Danny Allouche President, Materials Group as Ryan Yost resigns","bullets":["Ryan D. Yost resigned as President, Materials Group, effective May 31, 2026; will leave company on June 12.","Danny G. Allouche, age 52, appointed President, Materials Group effective June 1; previously SVP & Chief Strategy & Corp. Dev. Officer.","Allouche's base salary unchanged at ILS 1,989,960 (~$667,123); target AIP at 60%; LTI increased from 180% to 200% of salary.","Supplemental 2026 LTI award of 20% of salary plus special RSU award of $500,000 vesting June 1, 2029 also approved.","Allouche served as interim CFO from Nov 2024 to Mar 2025; holds MBA from UCLA and BA from Northwestern."],"urls":{"canonical":"https://secwatch.observer/filing/0000008818-26-000116","json":"https://secwatch.observer/filing/0000008818-26-000116.json","markdown":"https://secwatch.observer/filing/0000008818-26-000116.md","text":"https://secwatch.observer/filing/0000008818-26-000116.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/8818/000000881826000116/0000008818-26-000116-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/8818/000000881826000116/avy-20260529.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T10:45:12.721378+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a4e1ee31a1","claim":"Danny G. Allouche was elected as President, Materials Group at Avery Dennison Corp.","evidence_excerpt":"On May 31, 2026, the Company’s Board of Directors (the “Board”) elected Danny G. Allouche as the Company’s President, Materials Group, effective June 1, 2026.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/8818/000000881826000116/0000008818-26-000116-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"President, Materials Group"}],"fact_type":"executive_change"},{"claim_id":"eeeed95ba2","claim":"Ryan D. Yost resigned as President, Materials Group at Avery Dennison Corp.","evidence_excerpt":"On May 29, 2026, Ryan D. Yost, President, Materials Group, of Avery Dennison Corporation, a Delaware corporation (the \"Company\"), notified the Company of his decision to resign to accept another opportunity.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/8818/000000881826000116/0000008818-26-000116-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"President, Materials Group"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}