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Avery Dennison Names Danny Allouche President, Materials Group

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Avery Dennison Names Danny Allouche President, Materials Group
Business

Business

Avery Dennison Names Danny Allouche President, Materials Group

2026-06-04 18:40 Last Updated At:18:50

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.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260604459947/en/

“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

Avery Dennison Names Danny Allouche President, Materials Group

NEW YORK--(BUSINESS WIRE)--Jun 4, 2026--

Finout today launched Finout Agents, a suite of three AI-powered agents that detect, investigate, and remediate cloud cost issues autonomously — completing the company's full-stack AI architecture for enterprise FinOps.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260604534090/en/

Most enterprise FinOps teams are one or two practitioners governing hundreds of millions in annual spend across cloud, SaaS, Kubernetes, and AI infrastructure. The surface area expands every quarter. The headcount doesn't. Finout Agents are built to close that gap and expand FinOps teams by 10X.

The Detector Agent watches for anomalies continuously, distinguishing signal from noise before escalating. The Investigator Agent traces every anomaly to root cause — cross-referencing ownership lineage, spend history, and deployment records — and produces a complete, source-backed case file. The Orchestrator Agent drives the fix: executing reversible remediations automatically and routing destructive actions to the right owner, with full context, via Slack or Jira.

"The bottleneck in FinOps has never been data — it's always been capacity to act on it," said Roi Ravhon, CEO and Co-Founder of Finout. "Finout Agents are built on five years of enterprise cost data architecture. That's what allows them to produce verdicts and drive fixes, not just surface more observations for an already-stretched team."

Every agent operates on the MegaBill, Finout's patented unified data layer that consolidates spend across AWS, Azure, GCP, Kubernetes, Snowflake, OpenAI, Anthropic, and dozens of additional services into a single business-mapped cost model — the same foundation that powers Billy, Finout's AI FinOps assistant.

Read the full product announcement here: https://www.finout.io/blog/introducing-finouts-agents

About Finout
Finout is an enterprise FinOps platform made for the agentic era, it is helping organizations manage and optimize cloud and AI spend. Its patented MegaBill data layer, Billy AI co-pilot, and Finout Agent suite serve FinOps, engineering, and finance teams at leading enterprises globally. Learn more at finout.io.

Finout Agents

Finout Agents

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