Avery Dennison Executive Compensation (FY25)
AVY · Mentor, OH · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025 ◇ Deon Stander | Median of the other named officers $2,339,720 5 officers, excluding the chief executive | Latest say-on-pay support = April 30, 2026 | Chief executive pay ratio ◇ To the median employee |
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Data as of November 4, 2026Latest filing (8-K): May 1, 2026
16 filings cited on this page
Method: intel.velarion.ai/methodology
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Published by Velarion Company Intelligence
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399 figures on this page: 388 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Deon Stander: $9,853,372 → $9,538,375 (3.2% lower)
Say-on-pay support: 95.0% → 95.5% (0.5 points higher)
CEO pay ratio: 575:1 → 556:1 (3.3% lower)
Frequently asked questions
Answers drawn from the data on this page.
Who is Avery Dennison's chief executive and what were they paid?
Total compensation for Deon Stander, President & Chief Executive Officer, came to $9,538,375 in fiscal 2025. Stander's total was 3.2% lower than the $9,853,372 reported for fiscal 2024.
What was Avery Dennison's say-on-pay result?
Shareholders supported the say-on-pay proposal with 95.5% of votes cast for or against in favor at the meeting held April 30, 2026 for fiscal 2025.
Which companies are in Avery Dennison's peer group?
The disclosed peer group names Albermarle Corporation, AptarGroup, Inc., Ashland Global Holdings Inc., Avient Corporation and Axalta Coating Systems Ltd., among others. The 2024-2026 PUs AT YE 2024 (30 companies) names Amcor plc, Dupont de Nemours, Inc., International Paper Company and Sylvamo Corporation.
What is Avery Dennison's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 556:1, against median employee compensation of $17,158.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Mitchell Butier Chairman & Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Deon Stander President & Chief Operating Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Gregory Lovins Senior Vice President & Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Ignacio Walker Senior Vice President & Chief Legal Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Deena Baker-Nel Senior Vice President & Chief Human Resources Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Mitchell Butier Executive Chairman Departed during or after this year | ◇ | — | ◇ | — | — | ◇ | ◇ | ◇ |
Deon Stander President & Chief Executive Officer | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
Gregory Lovins Senior Vice President & Chief Financial Officer | ◇ | — | ◇ | — | — | ◇ | ◇ | ◇ |
Deena Baker-Nel Senior Vice President & Chief Human Resources Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Francisco Melo President, Solutions Group | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Nicholas Colisto Senior Vice President & Chief Information Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Deon Stander President & | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Mitchell Butier Executive Chairman | ◇ | — | ◇ | — | — | ◇ | ◇ | ◇ |
Gregory Lovins Senior Vice President & | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Ryan Yost President, Materials Group | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Francisco Melo President, Solutions Group | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Danny Allouche Senior Vice President, | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Deon Stander President & Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Gregory Lovins SVP & Chief Financial Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Danny Allouche SVP & Chief Strategy and Corporate Development Officer | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Deena Baker-Nel SVP & Chief Human Resources Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Ryan Yost President, Materials Group | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Ignacio Walker SVP & Chief Legal Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Danny G. Allouche | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Danny G. Allouche | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Danny G. Allouche | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Deena Baker-Nel | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Deena Baker-Nel | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Deena Baker-Nel | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Deon M. Stander | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Deon M. Stander | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Gregory S. Lovins | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Gregory S. Lovins | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Ignacio J. Walker | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Ignacio J. Walker | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Ryan D. Yost | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Ryan D. Yost | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
Fiscal 2022, 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Deon Stander | Option | ◇ | — | ◇ | 09/01/33 |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Gregory Lovins | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Ryan Yost | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Deena Baker-Nel | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Danny Allouche | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Ignacio Walker | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Severance and change in control
The terms as written in the agreements.
Danny Allouche
SVP & Chief Strategy and Corporate Development Officer · Terms as announced by the company
| Severance multiple | ◇ |
| Change-in-control multiple | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
Deena Baker-Nel
SVP & Chief Human Resources Officer · Terms as described in the company’s compensation discussion
| Severance multiple | ◇ |
| Change-in-control multiple | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
Deon Stander
President & Chief Executive Officer · Terms as described in the company’s compensation discussion
| Severance multiple | ◇ |
| Change-in-control multiple | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
Gregory Lovins
SVP & Chief Financial Officer · Terms as described in the company’s compensation discussion
| Severance multiple | ◇ |
| Change-in-control multiple | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
Ignacio Walker
SVP & Chief Legal Officer · Terms as described in the company’s compensation discussion
| Severance multiple | ◇ |
| Change-in-control multiple | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
| Excise tax treatment | ◇ |
Ryan Yost
President, Materials Group · Terms as described in the company’s compensation discussion
| Severance multiple | ◇ |
| Change-in-control multiple | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Mitchell R. Butier | ◇ | ◇ | — | — | — | ◇ | ◇ |
Patrick T. Siewert Lead independent director | ◇ | ◇ | — | — | — | ◇ | ◇ |
Bradley A. Alford | ◇ | ◇ | — | — | — | ◇ | ◇ |
Ward H. Dickson | ◇ | ◇ | — | — | — | — | ◇ |
William R. Wagner | ◇ | ◇ | — | — | — | — | ◇ |
Maria Fernanda Mejia | ◇ | ◇ | — | — | — | ◇ | ◇ |
Francesca Reverberi | ◇ | ◇ | — | — | — | — | ◇ |
Andres A. Lopez | ◇ | ◇ | — | — | — | — | ◇ |
David E. Flitman | ◇ | ◇ | — | — | — | ◇ | ◇ |
Deon M. Stander served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Total board retainer | ◇ |
| Lead independent director premium | ◇ |
| Audit committee chair | ◇ |
| Compensation committee chair | ◇ |
| Nominating and governance chair | ◇ |
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2024
- Albermarle Corporation ALB
- AptarGroup, Inc. ATR
- Ashland Global Holdings Inc. ASH
- Avient Corporation AVNT
- Axalta Coating Systems Ltd. AXTA
- Ball Corporation BALL
- Berry Global Group, Inc. BERY
- Celanese Corporation CE
- Clearwater Paper Corporation CLW
- Crown Holdings, Inc. CCK
- Eastman Chemical Company EMN
- Ecolab Inc. ECL
- Ecovyst Inc. EVT
- Element Solutions Inc. ELS
- Graphic Packaging International, LLC GPK
- Greif, Inc. GEF
- H.B. Fuller Company FUL
- Huntsman Corporation HUN
- Ingevity Corporation IVC
- Innospec Inc. INSM
- International Flavors & Fragrances, Inc. IFF
- Minerals Technologies Inc. MLM
- NewMarket Corporation NEU
- O-I Glass, Inc. OII
- Packaging Corporation of America PKG
- Pactiv Evergreen Inc. symbol not shown
- PPG Industries, Inc. PPG
- Quaker Chemical Corporation QUCK
- Rayonier Inc. RYN
- RPM International Inc. RPM
- Sealed Air Corporation SEE
- Sensient Technologies Corporation SXT
- Silgan Holdings Inc. SLG
- Sonoco Products Company SON
- Stepan Company SFE
- The Chemours Company CC
- The Sherwin-Williams Company SHW
- Valhi, Inc. symbol not shown
2024-2026 PUs AT YE 2024 (30 companies)
- Amcor plc AMCR
- Dupont de Nemours, Inc. DD
- International Paper Company IP
- Sylvamo Corporation symbol not shown
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | April 30, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | April 24, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | April 25, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | April 27, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | April 28, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | April 22, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | April 23, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | April 25, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | April 26, 2018 | = | ◇ | ◇ | ◇ |
| 2016 | April 27, 2017 | = | ◇ | ◇ | ◇ |
| 2015 | April 28, 2016 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
Ask our research desk — $99, 24h, every figure cited to its filing.
Sample answer — “What is the CEO’s total compensation?”
- Deon Stander (President & Chief Executive Officer), FY2025 total compensation $9,538,375 (base salary $1,136,538) [exec_comp, SEC accession 0001193125-26-102965, filed 2026-03-12]What this page does not include
Everything above is a fact Avery Dennison disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Avery Dennison sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $500Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
399 figures on this page: 388 cited to the filing that reported them, 11 calculated from figures it prints.
388 cited to the filing
11 calculated from the filing
Documents cited
- 0000008818-26-000078
- 0001193125-26-1029652025 Grants of Plan-Based Awards · 2025 OUTSTANDING EQUITY AWARDS AT FISCAL YEAR-END · 2025 SUMMARY COMPENSATION TABLE · Compensation Discussion and Analysis · and 2 more sections
- 000119312526102965CEO Pay Ratio
- 0000008818-25-000010
- 0001193125-25-0489192024 Summary Compensation Table
- 0000008818-24-000007
- 0001193125-24-0642522023 Summary Compensation Table
- 0000008818-23-000008
- 0001193125-23-0660732022 Summary Compensation Table
- 0000008818-22-000004
- 0001193125-21-134258
- 0001104659-20-052200
- 0001104659-19-023827
- 0001104659-18-027567
- 0001104659-17-027783
- 0001104659-16-115747
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Velarion, “Avery Dennison executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/AVY (accessed 2026).
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The Avery Dennison brief, $500
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
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16 filings cited on this page
Method: intel.velarion.ai/methodology
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Peers Avery Dennison discloses
The companies named in AVY's own disclosed peer group.
Albermarle CorporationAptarGroup, Inc.Ashland Global Holdings Inc.Avient CorporationAxalta Coating Systems Ltd.Ball CorporationBerry Global Group, Inc.Celanese CorporationClearwater Paper CorporationCrown Holdings, Inc.Eastman Chemical CompanyEcolab Inc.Element Solutions Inc.Graphic Packaging International, LLCGreif, Inc.H.B. Fuller CompanyHuntsman CorporationInnospec Inc.International Flavors & Fragrances, Inc.Minerals Technologies Inc.NewMarket CorporationO-I Glass, Inc.Packaging Corporation of AmericaPPG Industries, Inc.
Terms on this page
Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}