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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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16 filings cited on this page
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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
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
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
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
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
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
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
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
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
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Danny G. AllouchePSU◇◇◇—◇—◇
Danny G. AlloucheRSU◇——◇——◇
Danny G. AllouchePSU◇◇◇—◇—◇
Deena Baker-NelPSU◇◇◇—◇—◇
Deena Baker-NelPSU◇◇◇—◇—◇
Deena Baker-NelRSU◇——◇——◇
Deon M. StanderPSU◇◇◇—◇—◇
Deon M. StanderPSU◇◇◇—◇—◇
Gregory S. LovinsPSU◇◇◇—◇—◇
Gregory S. LovinsPSU◇◇◇—◇—◇
Ignacio J. WalkerPSU◇◇◇—◇—◇
Ignacio J. WalkerPSU◇◇◇—◇—◇
Ryan D. YostPSU◇◇◇—◇—◇
Ryan D. YostPSU◇◇◇—◇—◇
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
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Deon StanderOption◇—◇09/01/33
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
Gregory LovinsPSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
Ryan YostPSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Deena Baker-NelPSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
Danny AllouchePSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
Ignacio WalkerRSU◇◇——
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
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
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.
YearMeetingSupportVotes forVotes againstAbstentions
2025April 30, 2026=◇◇◇
2024April 24, 2025=◇◇◇
2023April 25, 2024=◇◇◇
2022April 27, 2023=◇◇◇
2021April 28, 2022=◇◇◇
2020April 22, 2021=◇◇◇
2019April 23, 2020=◇◇◇
2018April 25, 2019=◇◇◇
2017April 26, 2018=◇◇◇
2016April 27, 2017=◇◇◇
2015April 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]

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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.
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Citations

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

  1. 0000008818-26-000078
  2. 0001193125-26-102965
    2025 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
  3. 000119312526102965
    CEO Pay Ratio
  4. 0000008818-25-000010
  5. 0001193125-25-048919
    2024 Summary Compensation Table
  6. 0000008818-24-000007
  7. 0001193125-24-064252
    2023 Summary Compensation Table
  8. 0000008818-23-000008
  9. 0001193125-23-066073
    2022 Summary Compensation Table
  10. 0000008818-22-000004
  11. 0001193125-21-134258
  12. 0001104659-20-052200
  13. 0001104659-19-023827
  14. 0001104659-18-027567
  15. 0001104659-17-027783
  16. 0001104659-16-115747
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Avery Dennison executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/AVY (accessed 2026).
Short form: data: Velarion

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16 filings cited on this page
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Peers Avery Dennison discloses

The companies named in AVY's own disclosed peer group.

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}
}