Item 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE
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Item 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE
The information concerning directors and corporate governance required by this Item is incorporated herein by reference from the definitive proxy statement for our Annual Meeting of Stockholders to be held on April 24, 2025 (our “2025 Proxy Statement”), which will be filed with the SEC pursuant to Regulation 14A within 120 days of the end of the fiscal year covered by this report. The information concerning executive officers required by this Item appears, in part, as referenced below. If applicable, information concerning any late filings under Section 16(a) of the Exchange Act is incorporated by reference from our 2025 Proxy Statement.
The information required by this Item concerning our Audit Committee is incorporated by reference from our 2025 Proxy Statement.
INFORMATION ABOUT OUR EXECUTIVE OFFICERS**(1)**
| Name and Position | Age | Executive Officer Since | Former Positions within Past Five Years/ Officer Positions with Avery Dennison | |||||||||||||||||||||||
| Deon M. Stander President and Chief Executive Officer | 56 | August 2016 | 2022-2023 | President and Chief Operating Officer | ||||||||||||||||||||||
| 2015-2022 | Vice President and General Manager, RBIS | |||||||||||||||||||||||||
| 2013-2015 | Vice President and General Manager, Global Commercial and Innovation, RBIS | |||||||||||||||||||||||||
| 2010-2012 | Vice President and General Manager, Global Commercial, RBIS | |||||||||||||||||||||||||
| Mitchell R. Butier Executive Chairman | 53 | March 2007 | 2022-2023 | Chairman and Chief Executive Officer | ||||||||||||||||||||||
| 2019-2022 | Chairman, President and Chief Executive Officer | |||||||||||||||||||||||||
| 2016-2019 | President and Chief Executive Officer | |||||||||||||||||||||||||
| 2015-2016 | President and Chief Operating Officer | |||||||||||||||||||||||||
| 2014-2015 | President, Chief Operating Officer and Chief Financial Officer | |||||||||||||||||||||||||
| 2010-2014 | Senior Vice President and Chief Financial Officer | |||||||||||||||||||||||||
| 2007-2010 | Vice President, Global Finance, and Chief Accounting Officer | |||||||||||||||||||||||||
| Danny G. Allouche Senior Vice President, Chief Strategy and Corporate Development Officer, and Interim Chief Financial Officer | 50 | November 2024 | 2022-2024 | Senior Vice President and Chief Strategy and Corporate Development Officer | ||||||||||||||||||||||
| 2021-2022 | Vice President, Chief Strategy and Corporate Development Officer | |||||||||||||||||||||||||
| 2016-2021 | Vice President, Corporate Development | |||||||||||||||||||||||||
| 2015-2016 | Vice President, Treasury and Corporate Development | |||||||||||||||||||||||||
| Gregory S. Lovins Senior Vice President and Chief Financial Officer(2) | 52 | March 2017 | 2017 | Vice President and Interim Chief Financial Officer | ||||||||||||||||||||||
| 2016-2017 | Vice President and Treasurer | |||||||||||||||||||||||||
| 2011-2016 | Vice President, Global Finance, Materials Group | |||||||||||||||||||||||||
| Deena Baker-Nel Senior Vice President and Chief Human Resources Officer | 54 | September 2020 | 2020-2022 | Vice President and Chief Human Resources Officer | ||||||||||||||||||||||
| 2018-2020 | Vice President, Human Resources, LGM | |||||||||||||||||||||||||
| 2015-2018 | Vice President, Human Resources, RBIS | |||||||||||||||||||||||||
| Nicholas R. Colisto Senior Vice President and Chief Information Officer | 58 | September 2020 | 2018-2022 | Vice President and Chief Information Officer | ||||||||||||||||||||||
| 2012-2018 | Senior Vice President and Chief Information Officer, Xylem Inc. | |||||||||||||||||||||||||
| Name and Position | Age | Executive Officer Since | Former Positions within Past Five Years/ Officer Positions with Avery Dennison | |||||||||||||||||||||||
| Francisco Melo President, Solutions Group | 51 | April 2023 | 2022-2023 | Senior Vice President and General Manager, Avery Dennison Smartrac | ||||||||||||||||||||||
| 2013-2022 | Vice President and General Manager, Avery Dennison Smartrac | |||||||||||||||||||||||||
| 2012-2013 | Vice President Global Inventory Accuracy and Loss Prevention, Information Solutions Market Development | |||||||||||||||||||||||||
| Divina F. Santiago Vice President, Controller | 55 | September 2023 | 2022-2023 | Vice President, Finance | ||||||||||||||||||||||
| 2008-2022 | Senior Director, Finance | |||||||||||||||||||||||||
| Ignacio J. Walker Senior Vice President and Chief Legal Officer | 48 | September 2020 | 2020-2022 | Vice President and Chief Legal Officer | ||||||||||||||||||||||
| 2020 | Vice President and Assistant General Counsel, Americas | |||||||||||||||||||||||||
| 2018-2019 | Vice President and Assistant General Counsel | |||||||||||||||||||||||||
| 2013-2017 | Vice President and Assistant General Counsel, RBIS | |||||||||||||||||||||||||
| Ryan D. Yost President, Materials Group | 49 | March 2024 | 2023-2024 | Vice President and General Manager, Identification Solutions and Vestcom | ||||||||||||||||||||||
| 2021-2023 | Vice President and General Manager, Identification Solutions | |||||||||||||||||||||||||
| 2019-2021 | Vice President and General Manager, Printer Solutions |
(1) Executive officers are generally elected on the date of our annual stockholder meeting to serve a one-year term or until their successors are duly elected and qualified.
(2) On leave of absence
Insider Trading Policy
We have adopted an insider trading policy governing the purchase, sale, and/or other dispositions of our securities by our directors, officers and employees that we believe is reasonably designed to promote compliance with insider trading laws, rules and regulations, and applicable exchange listing standards. Our insider trading policy is filed as Exhibit 19 to this Annual Report on Form 10-K.
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