secwatch / observer

Avery Dennison Corp — fact timeline

Source-grounded facts extracted from Avery Dennison Corp's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

AVY Avery Dennison Corp JSON

Danny G. Allouche was elected as President, Materials Group at Avery Dennison Corp.

“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.”

Ryan D. Yost resigned as President, Materials Group at Avery Dennison Corp.

“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.”
Shareholder Votes

Avery Dennison Corp shareholders rejected Stockholder proposal for an independent Board Chairman at the 2026-04-30 meeting.

“Vote on a stockholder proposal for an independent Board Chairman, if properly presented during the meeting 26,486,735 40,928,828 304,078 3,873,150”
Shareholder Votes

Avery Dennison Corp shareholders approved Ratification of appointment of PwC as the Company's independent registered public accounting firm for fiscal year 2026 at the 2026-04-30 meeting.

“Ratification of appointment of PwC as the Company's independent registered public accounting firm for fiscal year 2026 67,165,746 4,393,443 33,602 —”
Shareholder Votes

Avery Dennison Corp shareholders approved Approval, on an advisory basis, of the Company's executive compensation at the 2026-04-30 meeting.

“Approval, on an advisory basis, of the Company's executive compensation 64,573,620 3,056,685 89,336 3,873,150”
Shareholder Votes

Avery Dennison Corp shareholders approved Election of ten directors named in the proxy statement for a one-year term at the 2026-04-30 meeting.

“The final results of the voting for the ten director nominees named in the Company's proxy statement filed with the Securities and Exchange Commission on March 12, 2026 (the "2026 Proxy Statement") were as follows: Director Nominee For Against Abstain Broker Non-Votes Bradley Alford 62,534,964 4,384,404 800,273 3,873,150 Mitchell Butier 65,781,795 1,900,412 37,434 3,873,150 Ward Dickson 66,890,850 796,243 32,548 3,873,150 David Flitman 67,106,988 576,869 35,784 3,873,150 Andres Lopez 66,984,480 704,513 30,648 3,873,150 Maria Fernanda Mejia 67,441,232 248,541 29,868 3,873,150 Francesca Reverberi 67,389,253 298,652 31,736 3,873,150 Patrick Siewert 63,149,747 3,767,455 802,439 3,873,150 Deon Stander 66,795,858 861,334 62,449 3,873,150 William Wagner 58,397,905 9,247,209 74,527 3,873,150”
Earnings Releases

Avery Dennison Corp reported first quarter 2026 results: revenue $2.3 billion, EPS $2.18. Guidance initiated.

“1Q26 Reported EPS of $2.18 ○ Adjusted EPS (non-GAAP) of $2.47, up 7.4% ● 1Q26 Net sales of $2.3 billion, up 7.0%”
Governance Changes

Avery Dennison Corp: Amended and restated bylaws to update advance notice provisions, retiree age, and other clarifying changes (effective 2026-02-26).

“On February 26, 2026, the Board of Directors (the “Board”) of Avery Dennison Corporation (the “Company”) approved an amendment and restatement of the Company’s bylaws (the “Amended and Restated Bylaws”), effective as of such date.”
Debt Financings

Avery Dennison Corp incurred senior notes of €500,000,000 aggregate principal amount with The Bank of New York Mellon Trust Company, N.A. at 4.000% per year maturing September 11, 2035.

“On September 11, 2025, Avery Dennison Corporation, a Delaware corporation (the “Company”), closed its previously announced issuance of €500,000,000 aggregate principal amount of 4.000% senior notes due 2035 (the “Notes”).”

Danny G. Allouche changed role as Senior Vice President and Chief Strategy and Corporate Development Officer at Avery Dennison Corp.

“Danny G. Allouche will cease serving as the Company’s Interim Chief Financial Officer and principal financial officer on March 31, 2025; he will continue serving as the Company’s Senior Vice President and Chief Strategy and Corporate Development Officer.”

Gregory S. Lovins was appointed as Senior Vice President and Chief Financial Officer at Avery Dennison Corp.

“Effective April 1, 2025, Gregory S. Lovins, Senior Vice President and Chief Financial Officer of Avery Dennison Corporation (the “Company”), will resume serving as the Company’s principal financial officer following a previously disclosed medical leave of absence that began on November 14, 2024.”
Governance Changes

Avery Dennison Corp: Changed fiscal year to calendar year, ending Dec 31, effective for fiscal year starting Dec 29, 2024 (effective 2025-01-27).

“On January 27, 2025, the Audit Committee of the Company’s Board of Directors approved a change to the Company’s previous 52- or 53-week fiscal year generally ending on the Saturday closest to December 31 to a fiscal year coincident with the calendar year.”

Martha N. Sullivan resigned as Director at Avery Dennison Corp.

“On December 27, 2024, Martha N. Sullivan, a 12-year member of the Board of Directors (the “Board”) of Avery Dennison Corporation, a Delaware corporation (the “Company”), notified the Company’s Executive Chairman, its Chief Executive Officer, the Board’s Lead Independent Director and the Board’s Governance Committee Chair of her decision to resign from the Board effective December 31, 2024 to pursue new professional opportunities.”

Danny G. Allouche was appointed as Senior Vice President and Interim Chief Financial Officer at Avery Dennison Corp.

“On November 14, 2024, the Company’s Board of Directors (the “Board”) elected Danny G. Allouche as the Company’s Senior Vice President and Interim Chief Financial Officer, effective November 15, 2024.”

Gregory S. Lovins departed as Senior Vice President and Chief Financial Officer at Avery Dennison Corp.

“On November 14, 2024, Gregory S. Lovins, Senior Vice President and Chief Financial Officer of Avery Dennison Corporation (the "Company"), began a medical leave of absence.”

Ward Dickson was appointed as Director at Avery Dennison Corp.

“appointed Ward Dickson as a director, effective June 1, 2024.”
Governance Changes

Avery Dennison Corp: Amended and restated bylaws to specify procedures for stockholder-requested special meetings and include modernizing/clarifying changes (effective 2024-04-25).

“on April 25, 2024, the Company’s Board of Directors (the “Board”) amended and restated the Company’s bylaws (as so amended and restated, the “Amended and Restated Bylaws”), effective as of that date subject to the filing and effectiveness of the Charter Amendment, to specify the procedures for stockholder-requested special meetings.”
Governance Changes

Avery Dennison Corp: Certificate of Amendment approved to allow stockholders holding at least 25% of outstanding common stock to request special meetings (effective 2024-04-25).

“stockholders approved a Certificate of Amendment to the Company’s Amended and Restated Certificate of Incorporation (the “Charter Amendment”) to provide that stockholders holding at least 25% of the Company’s outstanding common stock have the right to request that the Company call special meetings of stockholders.”
Shareholder Votes

Avery Dennison Corp shareholders approved Ratification of appointment of PwC as the Company's independent registered public accounting firm for fiscal year 2024 at the 2024-04-25 meeting.

“Ratification of appointment of PwC as the Company’s independent registered public accounting firm for fiscal year 2024 68,412,297 4,397,134 797,637”
Shareholder Votes

Avery Dennison Corp shareholders approved Approval of a Certificate of Amendment to the Company's Amended and Restated Certificate of Incorporation to provide that stockholders holding at least 25% of the Company's outstanding common stock have the right to request that the Company call special meetings of stockholders at the 2024-04-25 meeting.

“Approval of a Certificate of Amendment to the Company’s Amended and Restated Certificate of Incorporation to provide that stockholders holding at least 25% of the Company’s outstanding common stock have the right to request that the Company call special meetings of stockholders 69,505,639 244,707 124,291 3,732,431”
Shareholder Votes

Avery Dennison Corp shareholders approved Approval, on an advisory basis, of the Company's executive compensation at the 2024-04-25 meeting.

“Approval, on an advisory basis, of the Company’s executive compensation 65,306,391 4,409,914 158,332 3,732,431”
Shareholder Votes

Avery Dennison Corp shareholders approved Election of Directors at the 2024-04-25 meeting.

“Director Nominee For Against Abstain Broker Non-Votes Bradley Alford 66,366,793 3,428,737 79,107 3,732,431 Mitchell Butier 67,646,009 2,166,688 61,940 3,732,431 Ken Hicks 66,798,569 2,997,240 78,828 3,732,431 Andres Lopez 68,707,277 1,091,836 75,524 3,732,431 Maria Fernanda Mejia 69,746,701 53,424 74,512 3,732,431 Francesca Reverberi 69,355,735 418,534 100,368 3,732,431 Patrick Siewert 64,366,938 4,592,654 915,045 3,732,431 Deon Stander 68,632,413 1,190,854 51,370 3,732,431 Martha Sullivan 67,835,162 1,962,709 76,766 3,732,431 William Wagner 68,152,621 1,621,919 100,097 3,732,431”
Earnings Releases

Avery Dennison Corp reported first quarter ended March 30, 2024 results: revenue $2.2 billion, EPS $2.13. Guidance raised.

“Release AVERY DENNISON ANNOUNCES FIRST QUARTER 2024 RESULTS Highlights: ● 1Q24 Reported EPS of $2.13, up 43% ¡ 1Q24 Adjusted EPS (non-GAAP) of $2.29, up 35% ● 1Q24 Net sales of $2.2 billion, up 4% ¡ Sales change ex. currency (non-GAAP) up 4% ¡ Organic sales change (non-GAAP) up 3% ● FY24 Reported EPS guidance of $8.60 to $9.10 ¡ Adjusted EPS guidance of $9.00 to”
Governance Changes

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).

“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; •”

Maria Fernanda Mejia was appointed as Director at Avery Dennison Corp.

“On February 22, 2024, upon the recommendation of its Governance Committee, the Board appointed Maria Fernanda Mejia as a director, effective on that date.”

Julia A. Stewart departed as Director at Avery Dennison Corp.

“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.”
Earnings Releases

Avery Dennison Corp updated its 2024 fiscal year guidance (initiated).

“guidance for the 2024 fiscal year is attached hereto as Exhibit 99.1”
Earnings Releases

Avery Dennison Corp updated its full year ended December 30, 2023 guidance (reaffirmed).

“Avery Dennison Corporation (NYSE:AVY) today announced preliminary, unaudited results for its fourth quarter and full year ended December 30, 2023.”
Earnings Releases

Avery Dennison Corp reported preliminary financial results for fourth quarter of 2023.

“Avery Dennison Corporation’s (the “Company’s”) press release, dated January 31, 2024, announcing the Company’s preliminary, unaudited financial results for the fourth quarter of 2023 and guidance for the 2024 fiscal year is attached hereto as Exhibit 99.1”

Anthony K. Anderson resigned as Director at Avery Dennison Corp.

“On November 20, 2023, Anthony K. Anderson notified the Executive Chairman of the Board of Directors (the “Board”) of Avery Dennison Corporation of his decision to resign from the Board effective November 30, 2023.”
Earnings Releases

Avery Dennison Corp reported preliminary financial results for third quarter of 2023.

“Avery Dennison Corporation’s (the “Company’s”) press release, dated October 25, 2023, announcing the Company’s preliminary, unaudited financial results for the third quarter of 2023 and guidance for the fourth quarter of 2023 is attached hereto as Exhibit 99.1”

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

“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.”

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

“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.”
Earnings Releases

Avery Dennison Corp reported the third quarter of 2023 results: EPS $1.70 to $1.90. Guidance initiated.

“preparing for appeal ¡ Adjusted EPS (non-GAAP) of $1.92, up 13% sequentially ● 3Q23 Reported EPS guidance of $1.70 to $1.90 ¡ Adjusted EPS guidance of $2.00 to $2.20 MENTOR, Ohio, July 25, 2023 – Avery Dennison Corporation (NYSE:AVY) today announced preliminary, unaudited results for its second quarter”
Earnings Releases

Avery Dennison Corp reported the second quarter ended July 1, 2023 results: revenue $2.1 billion, EPS $1.24.

“and Exhibits --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 For Immediate Release AVERY DENNISON ANNOUNCES SECOND QUARTER 2023 RESULTS Highlights: ● 2Q23 Net sales of $2.1 billion ¡ Sales change ex. currency (non-GAAP) down 10% ¡ Organic sales change (non-GAAP) down 10% ● 2Q23 Reported EPS of $1.24 ¡ Increased accrual for legacy legal matter; preparing for”

Mitchell Butier was elected as Executive Chairman at Avery Dennison Corp.

“the independent directors of the Board elected Mitchell Butier, age 51, as Executive Chairman, effective September 1, 2023.”

Deon Stander was appointed as member of the Board at Avery Dennison Corp.

“the Board also appointed Mr. Stander as a member of the Board, effective September 1, 2023.”

Deon Stander was elected as President and Chief Executive Officer at Avery Dennison Corp.

“elected Deon Stander, age 54, as the Company’s President and Chief Executive Officer, effective September 1, 2023.”
Shareholder Votes

Avery Dennison Corp shareholders approved Ratification of appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for fiscal year 2023 at the 2023-04-27 meeting.

“Ratification of appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for fiscal year 2023 69,678,409 3,072,583 778,346 —”
Shareholder Votes

Avery Dennison Corp shareholders approved Approval, on an advisory basis, of the frequency of advisory votes to approve the Company's executive compensation at the 2023-04-27 meeting.

“The final results of the voting for proposal 3 described in the 2023 Proxy Statement were as follows : Proposal One Year Two Years Three Years Abstain Broker Non-Votes Approval, on an advisory basis, of the frequency of advisory votes to approve the Company's executive compensation 68,468,972 75,387 1,033,688 81,340 3,869,951”
Shareholder Votes

Avery Dennison Corp shareholders approved Approval, on an advisory basis, of the Company's executive compensation at the 2023-04-27 meeting.

“The final results of the voting for proposals 2 and 4 described in the 2023 Proxy Statement were as follows : Proposal For Against Abstain Broker Non-Votes Approval, on an advisory basis, of the Company's executive compensation 64,324,839 4,972,134 362,414 3,869,951”
Shareholder Votes

Avery Dennison Corp shareholders approved Election of Directors at the 2023-04-27 meeting.

“The final results of the voting for the ten director nominees named in the Company's proxy statement filed with the Securities and Exchange Commission on March 9, 2023 (the “2023 Proxy Statement”) were as follows: Director Nominee For Against Abstain Broker Non-Votes Bradley Alford 66,157,855 3,357,322 144,210 3,869,951 Anthony Anderson 67,461,764 2,059,628 137,995 3,869,951 Mitchell Butier 65,348,679 4,153,346 157,362 3,869,951 Ken Hicks 67,062,694 2,455,708 140,985 3,869,951 Andres Lopez 69,028,250 491,445 139,692 3,869,951 Francesca Reverberi 69,372,134 153,885 133,368 3,869,951 Patrick Siewert 63,847,281 4,941,831 870,275 3,869,951 Julia Stewart 64,144,397 4,647,882 867,108 3,869,951 Martha Sullivan 68,229,989 1,292,787 136,611 3,869,951 William Wagner 69,371,002 148,586 139,799 3,869,951”
Earnings Releases

Avery Dennison Corp reported first quarter of 2023 results: revenue $2.1 billion, EPS $1.49. Guidance reaffirmed.

“AVERY DENNISON ANNOUNCES FIRST QUARTER 2023 RESULTS Highlights: ● 1Q23 Reported EPS of $1.49 ¡ Adjusted EPS (non-GAAP) of $1.70, down 29% ● 1Q23 Net sales declined 12% to $2.1 billion ¡ Sales change ex. currency (non-GAAP) of (9%) ¡ Organic sales change (non-GAAP) of (9%) ● Revised FY 2023 EPS guidance ¡ Reported EPS of $8.35 to $8.70 (previously $8.85 to $9.25) ¡ Adjusted EPS of $8.85 to $9.20 (previously $9.15 to $9.55)”
Debt Financings

Avery Dennison Corp incurred senior notes of $400,000,000 with The Bank of New York Mellon Trust Company, N.A. at 5.750% per year maturing March 15, 2033.

“closed its previously announced issuance of $400,000,000 aggregate principal amount of 5.750% senior notes due 2033”
Material Agreements

Avery Dennison Corp entered into 5.750% Senior Notes due 2033 Indenture with The Bank of New York Mellon Trust Company, N.A. valued at $400,000,000 aggregate principal amount of 5.750% senior notes due 2033 (effective 2023-03-15).

“On March 15, 2023, Avery Dennison Corporation, a Delaware corporation (the “Company”), closed its previously announced issuance of $400,000,000 aggregate principal amount of 5.750% senior notes due 2033 (the “Notes”).”
Governance Changes

Avery Dennison Corp: Amended and restated bylaws to address universal proxy rules and enhance procedural mechanics and disclosure requirements for stockholder nominations and proposals (effective 2023-02-23).

“On February 23, 2023, the Board approved amended and restated bylaws for the Company (as so amended and restated, the “Amended and Restated Bylaws”), primarily to do the following: • Address universal proxy rules adopted by the U.S. Securities and Exchange Commission by clarifying that no person may solicit proxies in support of a director nominee other than the Board’s nominees unless such person has complied with Rule 14a-19 under the Securities Exchange Act of 1934, as amended, including all applicable notice and solicitation requirements; and • Enhance the procedural mechanics and disclosure requirements in connection with stockholder nominations of directors and submissions of proposals regarding other business at stockholder meetings, including by requiring additional background information and disclosures regarding proposing stockholders, proposed nominees and business, and other persons related to a stockholder’s solicitation of proxies.”

Francesca Reverberi was appointed as Director at Avery Dennison Corp.

“On February 23, 2023, upon the recommendation of its Governance Committee, the Board of Directors (the “Board”) of Avery Dennison Corporation, a Delaware corporation (the “Company”), appointed Francesca Reverberi to the Board, effective on that date.”
Earnings Releases

Avery Dennison Corp reported fourth quarter and full year ended December 31, 2022 results: revenue $2.0 billion (4Q22), $9.0 billion (FY22), EPS Reported EPS of $1.51 (4Q22), $9.21 (FY22). Guidance initiated.

“Statements and Exhibits --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 For Immediate Release AVERY DENNISON ANNOUNCES FOURTH QUARTER AND FULL YEAR 2022 RESULTS Highlights: ● FY22 Reported EPS of $9.21, up 4% ¡ Adjusted EPS (non-GAAP) of $9.15, up 3%, up 11% ex. currency ● FY22 Net sales increased 7.5% to $9.0 billion ¡ Sales growth ex. currency (non-GAAP)”
Debt Financings

Avery Dennison Corp amended credit facility of $400 million for total commitments under the Credit Agreement of $1,200 million with Bank of America, N.A., as administrative agent at Term SOFR for borrowings denominated in U.S. Dollars, and Alternative Currency T maturing February 13, 2026.

“under the Existing Credit Agreement to extend the maturity date from February 13, 2025 to February 13, 2026, and (iii) incur additional revolving commitments in the amount of $400 million for total commitments under the Credit Agreement of $1,200 million. The terms “Alternative Currency Term Rate,” “EURIBOR,” “Eurocurrency Rate,” “SONIA,” and “Term SOFR” have”
Material Agreements

Avery Dennison Corp amended Amendment No. 2 to Credit Agreement with lenders party thereto, Bank of America, N.A., as administrative agent, Mizuho Bank, Ltd., as syndication agent valued at $400 million (effective 2023-01-24).

“On January 24, 2023, Avery Dennison Corporation, a Delaware corporation (the “Company”), entered into Amendment No. 2 to Credit Agreement (the “Amendment”) with the lenders party thereto, Bank of America, N.A., as administrative agent (the “Administrative Agent”), and Mizuho Bank, Ltd., as syndication agent, which amends that certain Fifth Amended and Restated Credit Agreement dated as of February 13, 2020 (as amended by that certain First Amendment dated as of August 9, 2021, the “Existing Credit Agreement,” and as further amended by the Amendment, the “Credit Agreement,”), to (i) replace the benchmark reference rate of Eurocurrency Rate with (x) Term SOFR for borrowings denominated in U.S. Dollars, and (y) Alternative Currency Term Rate (which is SONIA for borrowings denominated in Sterling, EURIBOR for borrowings denominated in Euros, or such benchmark reference rate with respect to any other currency (other than Euros, Sterling, or U.S. Dollars) as approved by the Administrative Ag”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.