internal
Deon M. Stander
President & Chief Executive Officer
Executive
2 yr
30 reports
Avery Dennison Corporation ·AVY
Two global business presidents report directly to the CEO
Materials · Fortune #445 · Hybrid structure · 35K employees · Mentor, Ohio, United States
View as of:
6
CEO span
↓ tighter than peers (avg 8)
3.5
Avg span
moderate
3
Max depth
3 levels
4.4 yr
Avg tenure
stable vs FY2024
67%
Internal hires
↑ above industry avg
Consolidated financials FY2025 · period end 2025-12-31 · 10-K
Revenue
$8.9B
Net income
$688M
Total assets
$8.8B
Shares out
77M
Sourced from Avery Dennison Corporation DEF 14A · filed 2026-03-12 ↗ View on SEC
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Avery Dennison Corporation organizational chart
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Avery Dennison is organized so that its two largest global businesses—Materials and Intelligent Labels—report directly to the CEO, alongside core corporate functions. This page maps the enterprise structure, executive team, governance, compensation, and recent leadership changes, with peer comparison and scenario analysis.
What to model
Use the chart to test org decisions, not just view reporting lines
Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.
Latest signal Francisco Melo joined as President, Intelligent Labels Technologies and Digital Solutions
Appointed effective October 1, 2025
Source · See change logScenario views in the chart
- Add Chief AI Officer Create a Chief AI Officer role reporting to the CEO to coordinate AI, data, and digital capabilities across Materials and Solutions.
- Insert COO Between CEO and Businesses Introduce a COO to reduce CEO span and consolidate operational oversight of Materials and Intelligent Labels.
Atlas work this supports
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The people
Who's running this
7 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.
Ryan D. Yost
President, Materials Group
Materials Group
2 yr
12,000 reports
Gregory S. Lovins
Senior Vice President & Chief Financial Officer
Finance
8 yr
120 reports
internal
Francisco Melo
President, Intelligent Labels Technologies and Digital Solutions
Solutions Group
1 yr
8,000 reports
internal
Danny G. Allouche
Senior Vice President & Chief Strategy and Corporate Development Officer
Strategy
3 yr
40 reports
internal
Deena Baker-Nel
Senior Vice President & Chief Human Resources Officer
Human Resources
6 yr
200 reports
Ignacio J. Walker
Senior Vice President & Chief Legal Officer
Legal
5 yr
80 reports
The pay
Executive compensation
From the most recent DEF 14A Summary Compensation Table. 1 named executive officers disclosed. Bar length scales with total compensation.
Deon M. Stander $9.5M
- Base salary
- $1.14M
- Stock awards
- $7.65M
- Non-equity incentive
- $605K
- Other
- $147K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
The skin in the game
Beneficial ownership
Insider stock holdings and the company's ownership requirements for executives and directors. Disclosed in the most recent DEF 14A.
Stock ownership requirements
6×CEO base salary
CEO must hold stock equal to six times base salary.
The businesses
How Avery Dennison Corporation divides the work
3 divisions report into the group CEO. Tile size scales with estimated headcount.
Materials Group
12K employees
President, Materials Group (Ryan D. Yost)
Global provider of pressure-sensitive label, graphics, reflective, and functional materials.
Solutions Group
8K employees
President, Intelligent Labels Technologies and Digital Solutions (Francisco Melo)
Provides RFID, digital identification, branding, and data-driven solutions.
Finance
500 employees
SVP & CFO (Gregory S. Lovins)
Oversees financial planning, reporting, treasury, tax, and investor relations.
The thesis
Why this org is unusual
Two global business presidents—Materials Group and Intelligent Labels—report directly to the CEO, rather than being nested under a COO or a single business head.
This creates a hybrid enterprise structure where major P&Ls sit alongside corporate functions at the top table. The model emphasizes accountability and speed in large operating units while keeping strategy, finance, HR, and legal centralized. Notably, Avery Dennison operates without a COO, increasing the CEO’s direct span and reinforcing the importance of experienced business presidents.
- No COO role
- Two segment presidents report directly to CEO
The comparison
How Avery Dennison Corporation stacks up
Compared with peers like 3M and DuPont, Avery Dennison’s structure is flatter at the top and more enterprise-oriented. Many peers insert a COO or group executive between the CEO and business units, whereas Avery Dennison keeps direct CEO oversight of its largest segments. This mirrors practices at firms like Sealed Air …
Reporting depth
Current signals
What changed recently
The most significant recent change was the October 2025 appointment of Francisco Melo to lead Intelligent Labels and Digital Solutions as a standalone business.
- newFrancisco Melo President, Intelligent Labels Technologies and Digital Solutions
Appointed effective October 1, 2025
Source - Date not confirmed promoted
Leadership Timeline
Year-over-year executive structure based on SEC proxy and annual filings.
FY2025
DEF 14A filed 2026-03-12
- CEO
- Deon M. Stander
- CEO span
- 6
- C-suite
- 6
- Avg tenure
- 4.4 yr
Structure emphasized direct CEO oversight of both major business segments.
Named executive officers (6)
- Deon M. Stander - President & CEO since 2023
- Gregory S. Lovins - SVP & CFO since 2017
- Danny G. Allouche - SVP & Chief Strategy Officer since 2023
- Ryan D. Yost - President, Materials Group since 2024
- Deena Baker-Nel - SVP & CHRO since 2018
- Ignacio J. Walker - SVP & Chief Legal Officer since 2020
FY2024
DEF 14A filed 2025-03-07
- CEO
- Deon M. Stander
- CEO span
- 7
- C-suite
- 7
- Avg tenure
- 4 yr
Transition year following CEO succession.
FY2023
DEF 14A filed 2024-03-08
- CEO
- Deon M. Stander / Mitchell R. Butier
- CEO span
- 6
- C-suite
- 6
- Avg tenure
- 5.1 yr
CEO transition from Mitchell Butier to Deon Stander.
Year-over-year changes
The Solutions business was restructured, creating a focused Intelligent Labels leadership role and slightly reducing CEO span.
- CEO span: 7 → 6
- C-suite size: 7 → 6
- Avg tenure: 4 → 4.4 yr
- new Francisco Melo - President, Intelligent Labels Technologies and Digital Solutions (was President, Solutions Group) (Form 8-K, Oct 1 2025)
The board
Board of directors
3 directors. 2 of 3 independent (67%). Source: most recent DEF 14A.
Bradley A. Alford
Independent
Retired Chairman & CEO, Nestlé USA
Mitchell R. Butier
Chair Inside
Non-executive Chairman, Avery Dennison Corporation
Patrick T. Siewert
Lead Indep. Independent
Retired Managing Director & Partner, The Carlyle Group
Frequently Asked Questions
Who is the CEO of Avery Dennison?
Deon M. Stander has served as President and CEO since 2023.
What type of organizational structure does Avery Dennison use?
Avery Dennison uses a hybrid enterprise structure combining centralized functions with powerful global business presidents.
How many direct reports does Avery Dennison's CEO have?
The CEO has six direct reports, including two global business presidents.
How has Avery Dennison's leadership changed recently?
In October 2025, Francisco Melo was appointed President of Intelligent Labels Technologies and Digital Solutions.
Does Avery Dennison have a COO?
No, Avery Dennison does not have a COO; major business units report directly to the CEO.
Sources
- Form 8-K, Oct 2025
- DEF 14A, Mar 2026
- SEC EDGAR: Avery Dennison Corporation DEF 14A Proxy Statement
- SEC EDGAR: Avery Dennison Corporation 10-K Annual Report
Reference
Cite this page
If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.
APA 7th
Creately. (2026). Avery Dennison Corporation organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/avery-dennison/MLA 9th
"Avery Dennison Corporation Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/avery-dennison/. Accessed .Chicago 17
Creately. "Avery Dennison Corporation Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/avery-dennison/.Original SEC source View on SEC ↗
Avery Dennison Corporation. DEF 14A. Filed 2026-03-12. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/8818/000119312526102965/d47885ddef14a.htmPermanent URL: https://creately.com/org-chart/fortune-500/avery-dennison/ · last updated 2026-04-01