Avery Dennison CEO Mitchell Butier's 2019 pay slips 2% to $8.5M
Avery Dennison reports 2019 executive compensation
By ExecPay News
Published: March 6, 2020
Avery Dennison reported fiscal year 2019 executive compensation information on March 6, 2020.
In 2019, five executives at Avery Dennison received on average a compensation package of $3.7M, a 2% increase compared to previous year.
Average pay of disclosed executives at Avery Dennison
Mitchell R. Butier, Chief Executive Officer, received $8.5M in total, which decreased by 2% compared to 2018. 63% of Butier's compensation, or $5.4M, was in stock awards. Butier also received $508K of change in pension value and nonqualified deferred compensation earnings, $1.3M in non-equity incentive plan, $1.1M in salary, as well as $207K in other compensation.
For fiscal year 2019, the median employee pay was $12,278 at Avery Dennison. Therefore, the ratio of Mitchell R. Butier's pay to the median employee pay was 692 to one.
Susan C. Miller, General Counsel, received a compensation package of $3.1M, which increased by 46% compared to previous year. 34% of the compensation package, or $1.1M, was of change in pension value and nonqualified deferred compensation earnings.
Gregory S. Lovins, Chief Financial Officer, earned $2.7M in 2019, a 14% increase compared to previous year.
Georges Gravanis, Former President, LGM, received $2.2M in 2019, which decreases by 9% compared to 2018.
Deon M. Stander, Vice President General Manager, RBIS, earned $2.1M in 2019, a 19% decrease compared to previous year.
Avery Dennison's fiscal year ends on January 2.
Related executives
You may also like
Source: SEC filing on March 6, 2020.