{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-057997","form_type":"8-K","ticker":"AVY","cik":"0000008818","company_name":"Avery Dennison Corp","filed_at":"2022-02-28T23:59:59+00:00","discovered_at":"2026-05-14T18:04:10.142222+00:00","generated_at":"2026-06-27T03:57:15.257004+00:00","sec_items":["5.02","5.03","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Avery Dennison names Deon Stander President & COO; Butier steps down as President","bullets":["Deon Stander appointed President and COO effective March 1, 2022; Mitchell Butier remains Chairman and CEO, ceases as President.","Stander's compensation: base salary $700k; target AIP 75% of salary; LTI target 300% of salary; special RSU grant $1.5M vesting in 3 years.","Director Mark J. Barrenechea will not stand for reelection at April 28, 2022 annual meeting; no disagreement with company.","Board approved bylaw amendments including redesignation of principal executive office to Mentor, Ohio from Glendale, California."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-057997","json":"https://secwatch.observer/filing/0001193125-22-057997.json","markdown":"https://secwatch.observer/filing/0001193125-22-057997.md","text":"https://secwatch.observer/filing/0001193125-22-057997.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/8818/000119312522057997/0001193125-22-057997-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/8818/000119312522057997/d257292d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T03:57:15.257004+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":"05f60a88a2","claim":"Mark J. Barrenechea departed as Director at Avery Dennison Corp.","evidence_excerpt":"Mark J. Barrenechea, a member of the Board of Directors (“Board”) of Avery Dennison Corporation (the “Company”), notified the Board of his decision not to stand for reelection at the Company’s annual meeting of stockholders to be held on April 28, 2022 so that he can focus on other endeavors. Mr. Barrenechea’s decision was not the result of any disagreement with the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/8818/000119312522057997/0001193125-22-057997-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"not stand for reelection"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"13b5e2916c","claim":"Deon M. Stander was elected as President and Chief Operating Officer (COO) at Avery Dennison Corp.","evidence_excerpt":"the Board elected Deon M. Stander as the Company’s President and Chief Operating Officer (COO), effective March 1, 2022.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/8818/000119312522057997/0001193125-22-057997-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"President and Chief Operating Officer (COO)"}],"fact_type":"executive_change"},{"claim_id":"d5225ce01b","claim":"Mitchell R. Butier changed role as President at Avery Dennison Corp.","evidence_excerpt":"Mitchell R. Butier, currently the Company’s Chairman, President and Chief Executive Officer, will cease serving as the Company’s President after that date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/8818/000119312522057997/0001193125-22-057997-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"cease serving as"},{"label":"Role","value":"President"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}