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AI brief of an SEC Form 8-K · Avery Dennison (AVY)

Avery Dennison names Danny Allouche president of Materials Group, effective June 1

Neutral Impact 3 of 5 leadership Written later

Avery Dennison said Ryan Yost, president of the Materials Group, will leave on June 12, 2026 to accept another opportunity. The board elected Danny Allouche, the company's former senior vice president and chief strategy and corporate development officer, to succeed him, effective June 1, 2026, and approved changes to his pay tied to the new role.

Key points

  • Ryan D. Yost resigned May 29, 2026 and will leave the company on June 12, 2026
  • Danny G. Allouche elected President, Materials Group, effective June 1, 2026; he had served as SVP and Chief Strategy and Corporate Development Officer since August 2022
  • Target annual long-term incentive rose from 180% to 200% of base salary; base salary ($667,123 at May 2026 exchange rate) and 60% annual incentive target unchanged
  • Special restricted stock unit award with $500,000 target grant date fair value, granted September 1, 2026 and cliff-vesting June 1, 2029

The filing

CompanyAvery Dennison (AVY)
Form8-K, current report
Filed with the SECJun 4, 2026, 6:44 AM ET
Accession number0000008818-26-000116

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:12 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 04, 2026.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.