Avery Dennison Management

Management criteria checks 3/4

Avery Dennison's CEO is Deon Stander, appointed in Aug 2016, has a tenure of 7.75 years. total yearly compensation is $6.07M, comprised of 13.9% salary and 86.1% bonuses, including company stock and options. directly owns 0.068% of the company’s shares, worth $12.05M. The average tenure of the management team and the board of directors is 3.7 years and 7.7 years respectively.

Key information

Deon Stander

Chief executive officer

US$6.1m

Total compensation

CEO salary percentage	13.9%
CEO tenure	7.8yrs
CEO ownership	0.07%
Management average tenure	3.7yrs
Board average tenure	7.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Deon Stander's remuneration changed compared to Avery Dennison's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 30 2024	n/a	n/a	US$554m
Dec 30 2023	US$6m	US$844k	US$503m
Sep 30 2023	n/a	n/a	US$483m
Jul 01 2023	n/a	n/a	US$566m
Apr 01 2023	n/a	n/a	US$680m
Dec 31 2022	US$5m	US$665k	US$757m
Oct 01 2022	n/a	n/a	US$817m
Jul 02 2022	n/a	n/a	US$760m
Apr 02 2022	n/a	n/a	US$729m
Jan 01 2022	US$3m	US$566k	US$740m
Oct 02 2021	n/a	n/a	US$749m
Jul 03 2021	n/a	n/a	US$735m
Apr 03 2021	n/a	n/a	US$631m
Jan 02 2021	US$2m	US$555k	US$556m
Sep 26 2020	n/a	n/a	US$527m
Jun 27 2020	n/a	n/a	US$521m
Mar 28 2020	n/a	n/a	US$585m
Dec 28 2019	US$2m	US$551k	US$304m
Sep 28 2019	n/a	n/a	US$238m
Jun 29 2019	n/a	n/a	US$243m
Mar 30 2019	n/a	n/a	US$195m
Dec 29 2018	US$3m	US$535k	US$467m

Compensation vs Market: Deon's total compensation ($USD6.07M) is about average for companies of similar size in the UK market ($USD5.61M).

Compensation vs Earnings: Deon's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Deon Stander (54 yo)

7.8yrs

Tenure

US$6,070,962

Compensation

Mr. Deon M. Stander serves as Director at Avery Dennison Corporation since 2023. He is Chief Executive Officer at Avery Dennison Corporation since September 1, 2023 and serves as its President since March...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Mitchell Butier	Executive Chairman	8.1yrs	US$9.70m	0.38% $ 68.3m
Deon Stander	President	7.8yrs	US$6.07m	0.068% $ 12.1m
Gregory Lovins	Senior VP & CFO	7.2yrs	US$4.05m	0.090% $ 16.1m
Nicholas Colisto	Senior VP & Chief Information Officer	6.2yrs	US$1.28m	0.013% $ 2.4m
Deena Baker-Nel	Senior VP & Chief Human Resources Officer	3.7yrs	US$1.72m	0.0075% $ 1.3m
Francisco Melo	President of Solutions Group	2.3yrs	US$1.38m	0.024% $ 4.2m
Divina Santiago	VP, Controller & Principal Accounting Officer	less than a year	no data	0.00081% $ 144.6k
John Eble	Vice President of Finance & Investor Relations	no data	no data	no data
Ignacio Walker	Senior VP & Chief Legal Officer	3.7yrs	US$1.18m	0.012% $ 2.2m
Danny Allouche	Senior VP and Chief Strategy & Corporate Development Officer	no data	no data	no data
Daniel O'Bryant	Executive Vice President of Business Development	23.3yrs	US$3.39m	no data
Jeroen Diderich	Senior VP & GM of Materials Group for North America	2.3yrs	no data	no data

3.7yrs

Average Tenure

52yo

Average Age

Experienced Management: 0HJR's management team is considered experienced (3.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Mitchell Butier	Executive Chairman	8.1yrs	US$9.70m	0.38% $ 68.3m
Deon Stander	President	1.3yrs	US$6.07m	0.068% $ 12.1m
Patrick Thomas Siewert	Lead Independent Director	19.1yrs	US$326.98k	0.021% $ 3.8m
Kenneth Hicks	Independent Director	16.8yrs	US$276.98k	0.037% $ 6.6m
William Wagner	Independent Director	1.6yrs	US$276.98k	0.00063% $ 112.4k
Bradley Alford	Independent Director	14.1yrs	US$268.98k	0.030% $ 5.3m
Martha Sullivan	Independent Director	11.3yrs	US$301.98k	0.022% $ 3.9m
Andres Lopez	Independent Director	7.3yrs	US$266.98k	0.0028% $ 497.9k
Maria Fernanda Mejia Campuzano	Independent Director	less than a year	no data	no data
Francesca Reverberi	Independent Director	1.3yrs	US$294.80k	0.00013% $ 23.2k

7.7yrs

Average Tenure

60yo

Average Age

Experienced Board: 0HJR's board of directors are considered experienced (7.7 years average tenure).

Avery Dennison Management

Management criteria checks 3/4

Key information

Recent management updates

Avery Dennison Corporation, Annual General Meeting, Apr 25, 2024

Senior VP & Chief Legal Officer recently sold US$1.1m worth of stock

Avery Dennison Corporation Appoints Maria Fernanda Mejia as Director

Insider recently sold US$990k worth of stock

Anthony K. Anderson Resigns as Executive Chairman of the Board of Directors of Avery Dennison Corporation

Avery Dennison Corporation Announces Resignation of Hassan Rmaile as President, Materials Group Worldwide

Recent updates

First quarter dividend increased to US$0.88

Avery Dennison Corporation Increases Quarterly Dividend, Payable on June 20, 2024

First quarter 2024 earnings released: EPS: US$2.13 (vs US$1.50 in 1Q 2023)

Avery Dennison Corporation Revises Earnings Guidance for the Fiscal Year 2024

Avery Dennison Corporation to Report Q1, 2024 Results on Apr 24, 2024

Avery Dennison Corporation, Annual General Meeting, Apr 25, 2024

Senior VP & Chief Legal Officer recently sold US$1.1m worth of stock

Avery Dennison Corporation Appoints Maria Fernanda Mejia as Director

Upcoming dividend of US$0.81 per share

Full year 2023 earnings released: EPS: US$6.23 (vs US$9.28 in FY 2022)

Insider recently sold US$990k worth of stock

Fourth quarter dividend of US$0.81 announced

Full year 2023 earnings released: EPS: US$6.20 (vs US$9.28 in FY 2022)

Avery Dennison Corporation Declares Quarterly Dividend, Payable on March 20, 2024

Avery Dennison Corporation to Report Q4, 2023 Results on Jan 31, 2024

Now 21% undervalued

Upcoming dividend of US$0.81 per share at 1.7% yield

Anthony K. Anderson Resigns as Executive Chairman of the Board of Directors of Avery Dennison Corporation

Avery Dennison Declares Quarterly Dividend, Payable on December 20, 2023

Avery Dennison Corporation Provides Earnings Guidance for the Fourth Quarter 2023

Third quarter 2023 earnings released: EPS: US$1.71 (vs US$2.73 in 3Q 2022)

Avery Dennison Corporation (NYSE:AVY) agreed to acquire Silver Crystal Group Inc.

Avery Dennison Corporation to Report Q3, 2023 Results on Oct 25, 2023

Now 21% undervalued

Now 20% undervalued

Avery Dennison Corporation Announces Resignation of Hassan Rmaile as President, Materials Group Worldwide

Independent Director recently sold US$1.0m worth of stock

Upcoming dividend of US$0.81 per share at 1.7% yield

Now 21% undervalued

Insider recently sold US$893k worth of stock

Avery Dennison Corporation Announces Executive Changes

Avery Dennison Corporation Provides Earnings Guidance for the Third Quarter of 2023

Second quarter 2023 earnings released: EPS: US$1.24 (vs US$2.63 in 2Q 2022)

Upcoming dividend of US$0.81 per share at 2.0% yield

Avery Dennison Corporation (NYSE:AVY) acquired Lion Brothers Company, Inc. from Susan Ganz.

Avery Dennison Corporation Announces Board Changes

First quarter 2023 earnings released: EPS: US$1.49 (vs US$2.41 in 1Q 2022)

Independent Director recently sold US$1.1m worth of stock

Upcoming dividend of US$0.75 per share at 1.6% yield

Independent Director recently sold US$150k worth of stock

Full year 2022 earnings released: EPS: US$9.21 (vs US$8.93 in FY 2021)

Avery Dennison Corporation Provides Earnings Guidance for 2023

Avery Dennison (NYSE:AVY) signed an agreement to acquire Thermopatch Corporation.

Avery Dennison Corporation to Report Fiscal Year 2022 Results on Feb 02, 2023

Upcoming dividend of US$0.75 per share

Insufficient new directors

Avery Dennison Corporation Appoints William ("Bill") Wagner as Board of Directors

Avery Dennison Corporation Declares Quarterly Dividend, Payable on December 21, 2022

Avery Dennison Corporation Revises Earnings Guidance for the Year 2022

Third quarter 2022 earnings released: EPS: US$2.71 (vs US$1.98 in 3Q 2021)

Avery Dennison Corporation to Report Q3, 2022 Results on Oct 26, 2022

Independent Director recently sold US$501k worth of stock

Upcoming dividend of US$0.75 per share

Avery Dennison Declares Quarterly Dividend Payable on September 21, 2022

Second quarter 2022 earnings released: EPS: US$2.61 (vs US$2.21 in 2Q 2021)

Avery Dennison Corporation Raises Its Earnings Guidance for the Year 2022

Avery Dennison Corporation to Report Q2, 2022 Results on Jul 27, 2022

Upcoming dividend of US$0.75 per share

Avery Dennison Corporation (NYSE:AVY) announces an Equity Buyback for $750 million worth of its shares.

First quarter 2022 earnings released: EPS: US$2.39 (vs US$2.52 in 1Q 2021)

Insufficient new directors

Avery Dennison Corporation Revises Earnings Guidance for the Financial Year 2022

Avery Dennison Corporation to Report Q1, 2022 Results on Apr 26, 2022

Avery Dennison Corporation Appoints Deon Stander President and Chief Operating Officer, Effective March 1, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Upcoming dividend of US$0.68 per share

Avery Dennison Corporation Declares Quarterly Cash Dividend, Payable on March 16, 2022

Avery Dennison Corporation Provides Earnings Guidance for the Full Year 2022

Avery Dennison Corporation (NYSE:AVY) acquired Textrace AG from Jakob Muller Holding AG.