Deon Stander, who became the CEO of Avery Dennison Corporation in September 2023, brings over 15 years of experience with the company. He previously served as the Chief Operating Officer after leading as Vice President and General Manager in the...

Number of Employees

35K

Year

2023

Total Compensation

$3.42M

Salary

$844.23K

Board Justification

The compensation philosophy emphasizes pay for performance, aligning executive compensation with company performance and shareholder interests.

Bonus

$0.00

Board Justification

No AIP awards were granted due to performance not meeting threshold levels.

Other

$155.34K

Board Justification

Includes executive benefit allowance, financial planning, and contributions to savings plans.

Restricted Stock

$2.42M(13.26K RSU)

Board Justification

Vested stock awards include 13,256 shares from previous grants that were realized in 2023.

Performance Metrics

Performance metrics include cumulative EVA and relative TSR compared to a peer group.

SEC Filing

From March 11, 2024

Deon Stander

CEO of Avery Dennison

A

Education

Bachelor's degree in Business Administration

Field of Expertise

Business & Management

Born

January 1, 1969 - 56 years ago

Is Founder?

No

Current Tenure

1 year 4 months (Sep 2023 - Present)

Previous Experience

President and Chief Operating Officer at Avery Dennison Corporation