Avery Dennison Elevates Danny Allouche to President of Materials Group

By Philip Seaworth • Thursday, June 04 16:05 • Permanent Link

Avery Dennison named Danny Allouche president of its Materials Group, elevating a 16-year company veteran who has led the company’s global strategy and corporate development since 2016.

Allouche most recently served as senior vice president and chief strategy and corporate development officer, where he oversaw M&A and venture investment activity. He also served briefly as interim chief financial officer in late 2024 and has led the company’s Treasury function.

The Materials Group move gives Allouche responsibility for a business that generated $8.9 billion in Avery Dennison reported sales in 2025. The company said he will focus on innovation, service and quality, with an emphasis on high-value categories, profitable growth in base businesses and expanding capabilities that connect physical and digital products.

Avery Dennison employs about 35,000 people in more than 50 countries. Allouche holds an MBA from UCLA Anderson and a bachelor’s degree in economics from Northwestern University. Today the company's shares have moved -2.03% to a price of $152.73. Check out the company's full 8-K submission here.

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