Avery Dennison Corporation announced the election of Helen J. Sheirbon as President of the Solutions Group, effective November 3, 2026. Sheirbon, age 51, will also serve as an executive officer of the company. Sheirbon is currently the Senior Vice President and Chief Operating Officer of Global HP Solutions at HP Inc., a position she has held since July 2025. She will depart HP by the end of October 2026. Prior to her role at HP, she held various leadership positions within the company, including Senior Vice President and Division President of Collaboration and Accessories Solutions from January 2024 to July 2025, Senior Vice President of Global Customer Support and Services Delivery from March 2022 to December 2023, and Vice President of Print from March 2017 to February 2022.
In connection with her appointment, Avery Dennison’s Board of Directors approved a specific compensation package for Sheirbon. Her annual base salary is set at $625,000. She is eligible for an annual incentive plan opportunity equal to 60% of her base salary and a target long-term incentive opportunity equal to 200% of her base salary. Additionally, the company approved a one-time special equity award of restricted stock units with a grant date fair value of $2,000,000, which will vest 50% on the first and second anniversaries of the grant date. She will also receive a special equity award of performance units with a grant date fair value of $1,500,000, a cash signing bonus of $250,000, and a cash payment of $800,000 to offset incentives forfeited at her previous employer, provided she remains employed by Avery Dennison in good standing in February 2027. The cash bonuses and the offset payment are subject to repayment if Sheirbon voluntarily terminates her employment within 24 months of her start date.
The appointment was disclosed in a Form 8-K filed with the Securities and Exchange Commission on October 9, 2026. The filing notes that Sheirbon will be eligible for an annual executive benefit allowance of $65,000, reimbursement for financial counseling and tax preparation services up to $15,000 per year, a paid annual executive physical, and relocation assistance benefits. She will also participate in the company’s savings, deferred compensation, executive severance, and key executive change of control severance plans.
