Avery Dennison Corporation announced that Gregory S. Lovins began a medical leave of absence. Mr. Lovins ceased serving as the Company?s principal financial officer as of that date. On November 14, 2024, the Company?s Board of Directors (the ?Board?) elected Danny G. Allouche as the Company?s Senior Vice President effective November 15, 2024.

Mr. Allouche, age 50, has served as the Company?s Senior Vice President and Chief Strategy and Corporate Development Officer since August 2022, after having served as Vice President, Chief Strategy and Corporate Development Officer, from April 2021 to July 2022. Prior to that, he served as Vice President, Corporate Development, from May 2016 to March 2021 and Vice President, Treasury and Corporate Development, from August 2015 to May 2016. Mr. Allouche also held several other leadership roles in positions of increasing responsibility since joining the Company in August 2010.

Mr. Allouche will retain his current role as Chief Strategy and Corporate Development Officer in addition to assuming the responsibilities as the Company?s interim principal financial officer.