Avery Dennison Names Danny Allouche President of Materials Group

By Philip Seaworth • Thursday, June 04 13:01 • Permanent Link

Avery Dennison appointed Danny Allouche president of its Materials Group, elevating a 16-year company veteran who most recently served as senior vice president and chief strategy and corporate development officer.

Allouche has led the company’s global strategy and corporate portfolio and development activities since 2016, overseeing M&A and venture investment activity. He also served as interim chief financial officer in late 2024 and previously led the Treasury function.

The company said its Materials Group will continue to focus on innovation, service and quality, while pushing growth in higher-value categories and improving profitability in its base businesses. The appointment also comes as Avery Dennison continues to emphasize its Intelligent Labels platform and broader physical-digital connectivity offerings.

Avery Dennison said reported sales in 2025 were $8.9 billion and that it employs about 35,000 people across more than 50 countries. The market has reacted to these announcements by moving the company's shares 0.63% to a price of $156.87. For more information, read the company's full 8-K submission here.

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