MENTOR, Ohio--(BUSINESS WIRE)--Jun 4, 2026--
Avery Dennison Corporation (NYSE: AVY), a leading global materials science and digital identification solutions company, today announced that Danny Allouche has been appointed president, Materials Group.
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“Danny has played an essential role in shaping the strategic direction of the Materials Group and Avery Dennison for many years. He possesses strong knowledge of our Materials business, having served as a thought partner to leadership and supported critical business projects, including strategic M&A activity,” said Avery Dennison President and CEO Deon Stander. “The Materials Group will benefit from Danny’s experience developing, executing and managing strategies across a portfolio of businesses, along with his having provided key contributions in building our Intelligent Labels platform.
“As president of the Materials Group, Danny will continue to focus our teams on delivering for our customers through innovation, service and quality, driving outsized growth in high-value categories and growing profitably in our base businesses. He will also advance our capabilities to connect the physical and digital.”
Allouche has held several leadership roles at Avery Dennison over the past 16 years. Since 2016, he has led the company’s global strategy and corporate portfolio and development activities, most recently having served as senior vice president and chief strategy and corporate development officer. In this role, he also oversaw all M&A and venture investment activities. Allouche served as interim chief financial officer for Avery Dennison for a brief period beginning in late 2024. He has also led the company’s Treasury function.
Allouche holds a master's degree in business administration from the UCLA Anderson School of Management and a bachelor’s degree in economics from Northwestern University.
About Avery Dennison
Avery Dennison Corporation (NYSE: AVY) is a global materials science and digital identification solutions company. We are Making Possible™ products and solutions that help advance the industries we serve, providing branding and information solutions that optimize labor and supply chain efficiency, reduce waste and mitigate loss, advance sustainability, circularity and transparency and better connect brands and consumers. We design and develop labeling and functional materials, radio-frequency identification (RFID) inlays and tags, software applications that connect the physical and digital and offerings that enhance branded packaging and carry or display information that improves the customer experience. Serving industries worldwide — including home and personal care, apparel, general retail, e-commerce, logistics, food and grocery, pharmaceuticals and automotive — we employ approximately 35,000 employees in more than 50 countries. Our reported sales in 2025 were $8.9 billion. Learn more at www.averydennison.com.
Avery Dennison Names Danny Allouche President, Materials Group
CALI, Colombia (AP) — A car bomb exploded Saturday in southwestern Colombia, the army said, a day after conservative political neophyte Abelardo de la Espriella was sworn in as Colombia’s new president.
The army alleged the attack was carried out by two dissident groups of the now-defunct Revolutionary Armed Forces of Colombia, or FARC. The groups did not accept the peace agreement that FARC signed a decade ago with the Colombian government.
The explosion took place at a toll plaza on the Pan-American Highway, the main road in the country's southwest. The army said two security guards suffered minor injuries in the attack. One of the guards told authorities that the explosion was caused by a vehicle that had been abandoned by an individual who fled on a motorcycle.
The affected road connects the departments of Cauca and Valle del Cauca, whose capital, Cali, hosted Friday’s swearing-in ceremony for de la Espriella. During his inaugural speech, he outlined his security policy and warned illegal groups that “they have two paths: submit to the rule of law or confront the security forces.”
The army on Saturday said on social media that soldiers were securing the area and using trained dogs to search for other explosive devices. Scattered around the toll plaza were parts of the vehicle, including the charred chassis.
The explosion woke up families who live in houses located a few yards (meters) from the crime scene. Elizabeth Zapata, 57, said she felt the blast wave “lift them out of bed” and the windows shattered. Her family members, who live with several children, “arrived with shards of glass embedded in their backs.”
Cauca Gov. Jorge Octavio Guzmán told reporters he believes the attacks are intended to isolate the department in order to maintain control over thousands of hectares.
“This is not an isolated incident; it is systematic," he said.
Minister of Transportation Elsa Noguera condemned the attack and said work was underway to restore traffic in the area.
“Colombia will not kneel before violence, nor will it allow the destruction of the infrastructure that connects our regions,” she wrote on social media.
Also on Saturday, de la Espriella announced the transfer of 117 prisoners linked to the previous administration’s peace talks to eight maximum-security prisons. The measure, according to the country’s corrections agency, aims to “regain permanent control of the prisons” and “contain any capacity of criminal organizations” to coordinate illicit activities from within prisons. De la Espriella has rejected the dialogue with armed groups promoted by his predecessor, Gustavo Petro.
With no prior political experience, the 48-year-old de la Espriella, a lawyer and businessperson, narrowly defeated Iván Cepeda, a progressive senator and Petro ally, in a June runoff election in a polarized political climate.
His term begins with a robust opposition led by Petro, who refused to acknowledge his victory and insisted on alleged fraud despite the official declaration from the electoral authority and the positive assessment from international observers.
Molina reported from Quito, Ecuador.
A soldier walks through a toll plaza along the Pan-American Highway damaged in a car bomb explosion that the army blamed on FARC dissident groups in Santander de Quilichao, Colombia, Saturday, Aug. 8, 2026. (AP Photo/Santiago Saldarriaga)
Colombia's President Abelardo de la Espriella reviews a military parade following his inauguration in Cali, Colombia, Friday, Aug. 7, 2026. (AP Photo/Ivan Valencia)
Soldiers walk through a toll plaza along the Pan-American Highway damaged in a car bomb explosion that the army blamed on FARC dissident groups in Santander de Quilichao, Colombia, Saturday, Aug. 8, 2026. (AP Photo/Santiago Saldarriaga)
Colombia's President Abelardo de la Espriella receives the ceremonial staff from Senate President Honorio Henriquez during his inauguration in Cali, Colombia, Friday, Aug. 7, 2026. (AP Photo/Matias Delacroix)
A soldiers walks through a toll plaza along the Pan-American Highway damaged in a explosion that the army blamed on FARC dissident groups in Santander de Quilichao, Colombia, Saturday, Aug. 8, 2026. (AP Photo/Santiago Saldarriaga)
Colombia's President Abelardo de la Espriella delivers his inaugural address after taking the oath of office in Cali, Colombia, Friday, Aug. 7, 2026. (AP Photo/Ivan Valencia)
