Independent
Tenure on this board
16.2 yrs
Also a director at
Perrigo Co PLC (PRGO)Lamb Weston Holdings Inc (LW)
Meeting calendar
AVY · Annual meeting · Thursday, April 30, 2026
Avery Dennison Corp
10 nominees · 4 ballot items.
1) Election of ten directors nominated by the Board for one-year terms; 2) Advisory vote to approve executive compensation (say-on-pay); 3) Ratification of PwC as independent registered public accounting firm for fiscal year 2026; 4) Stockholder proposal to require an independent Board Chairman (if properly presented).
Market cap
$12.3B
1Y TSR
-7.8%
Board grade
C
Record date
Mar 2, 2026
Filing
DEF 14A
Meeting concluded · Apr 30, 2026
Follow how the vote landed and what changed on Avery Dennison Corp’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.
Proposals
On the ballot4
- 1
Election of Directors
ManagementBoard: FORElection of the ten directors nominated by the Board to serve one-year terms.
- 2
Advisory Vote to Approve Executive Compensation
ManagementBoard: FORNon-binding, advisory vote to approve the compensation of the Named Executive Officers as disclosed in the CD&A and executive compensation tables.
More detail
The proposal asks stockholders to approve, on a non-binding advisory basis, the compensation of the Named Executive Officers (NEOs) as disclosed in the proxy's CD&A and executive compensation tables. Management seeks shareholder approval to affirm its executive pay practices and alignment of compensation to company performance, citing the pay-for-performance design, substantial weighting of long-term incentives tied to EVA and TSR, and robust governance such as independent Compensation Committee oversight and clawback policies. The Board’s recommendation to vote FOR reflects its view that the program incentivizes long-term value creation, aligns executives with stockholders, contains risk-mitigating features (clawbacks, stock ownership policy, double-trigger change-in-control protections), and responded to investor engagement; the vote will be advisory and non-binding but will inform future committee decisions. Context includes strong prior say-on-pay support (95% in 2025), recent compensation program review and revisions for 2026, and evolving market practices influencing LTI design. The committee’s rationale emphasizes retention, market-competitive pay, and strategic adjustments to better drive business-unit accountability while maintaining enterprise alignment.
- 3
Ratification of Appointment of Independent Registered Public Accounting Firm
ManagementBoard: FORRatify the Audit Committee’s appointment of PricewaterhouseCoopers LLP (PwC) as the company’s independent registered public accounting firm for fiscal year 2026.
- 4
Stockholder Proposal for Independent Board Chairman
Shareholder — John R. CheveddenBoard: AGAINSTStockholder proposal requesting the Board adopt a policy requiring separate persons to serve as Chairman and CEO and that the Chairman be an independent director; may be voted if properly presented at the meeting.
Director elections
Nominees on the ballot10
Not independent
Tenure on this board
10.2 yrs
Also a director at
Kroger Co (KR)
Independent
Tenure on this board
2.1 yrs
Also a director at
Ameren Corp (AEE)
Independent
Tenure on this board
1.0 yrs
Also a director at
US Foods Holding Corp (USFD)
Independent
Tenure on this board
9.5 yrs
Independent
Tenure on this board
2.4 yrs
Independent
Tenure on this board
3.4 yrs
Independent
Tenure on this board
21.3 yrs
Also a director at
Mondelez International Inc (MDLZ)
Not independent
Tenure on this board
2.9 yrs
Independent
Tenure on this board
3.7 yrs
Ownership
Latest 13F quarterTop institutional holders10
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | WELLINGTON MANAGEMENT GROUP LLP | 6.8% | 5,212,323 | $900M |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 6.5% | 5,009,707 | $865M |
| 3 | VANGUARD PORTFOLIO MANAGEMENT LLC | 6.4% | 4,864,202 | $840M |
| 4 | STATE STREET CORP | 4.9% | 3,755,026 | $648M |
| 5 | T. Rowe Price Investment Management, Inc. | 3.8% | 2,930,719 | $506M |
| 6 | BlackRock, Inc. | 3.5% | 2,680,661 | $463M |
| 7 | MORGAN STANLEY | 3.0% | 2,280,298 | $394M |
| 8 | GEODE CAPITAL MANAGEMENT, LLC | 2.5% | 1,915,482 | $329M |
| 9 | AMERIPRISE FINANCIAL INC | 2.3% | 1,749,113 | $302M |
| 10 | BlackRock, Inc. | 2.3% | 1,728,599 | $298M |
Peers
Nearest market capOther Consumer Cyclical sector meetings6
Upcoming shareholder meetings at Avery Dennison Corp’s closest sector peers — compare boards, ballots, and ownership across the cohort.
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Reference
Frequently asked questions
- When is the Avery Dennison Corp 2026 annual meeting?
- Avery Dennison Corp (AVY) holds its 2026 annual shareholder meeting on Thursday, April 30, 2026.
- What is the record date for the Avery Dennison Corp 2026 meeting?
- The record date for the Avery Dennison Corp 2026 meeting is Monday, March 2, 2026. Shareholders of record on or before that date are eligible to vote.
- Who are the director nominees for Avery Dennison Corp's 2026 meeting?
- The board is presenting 10 director nominees at the Avery Dennison Corp 2026 meeting, listed with their independence status and background.
- What proposals will shareholders vote on at the Avery Dennison Corp 2026 meeting?
- Shareholders will vote on 4 proposals at the Avery Dennison Corp 2026 meeting, each tagged with who proposed it and the board's recommendation.
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