Venture Principal

Company Description

Avery Dennison Corporation (NYSE: AVY) is a global materials science and digital identification solutions company that provides branding and information labeling solutions, including pressure-sensitive materials, radio-frequency identification (RFID) inlays and tags, and a variety of converted products and solutions. The company designs and manufactures a wide range of labeling and functional materials that enhance branded packaging, carry or display information that connects the physical and the digital, and improve customers’ product performance. The company serves an array of industries worldwide, including home and personal care, apparel, e-commerce, logistics, food and grocery, pharmaceuticals and automotive. The company employs approximately 36,000 employees in more than 50 countries. Reported sales in 2022 were $9.0 billion. Learn more at www.averydennison.com.

At Avery Dennison, some of the great benefits we provide are:

• Health & Wellness benefits starting on day 1 of employment
• Paid parental leave
• 401K eligibility
• Tuition reimbursement
• Flexible work arrangements
• Employee Assistance Program eligibility / Health Advocate
• Paid vacation and Paid holidays

Job Description

We are looking for a Venture Capital Principal to join our diverse team of talents here at Avery Dennison! In this role, you will be focusing on supporting the management and expansion of Avery Dennison’s venture investment portfolio.

As a Principal, delivering on these responsibilities is essential to success:

• Lead the venture capital investment process, including diligence, negotiations, and Investment Committee approvals.
• Manage portfolio companies, including taking Board and Observer seats, supporting fundraising efforts, and providing operational and strategic support.
• Research market opportunities and trends, and present analysis findings to executive management and leadership.
• Develop networks for potential opportunities, with the venture capital and tech industry.
• Engage actively in a variety of startup ecosystems to uncover opportunities and generate substantial deal flow.
• Source opportunities for venture investment or other forms of strategic partnership (licensing, JDA, etc.).
• Cultivate positive relationships in the venture community (financial acquirers, capital providers, startups, advisers, etc.) to drive important connections for Avery Dennison's venture portfolio.
• Drive key strategic inputs into Avery Dennison’s innovation strategy, nextgen products, and corporate strategy and development.

Qualifications

Avery Dennison has a long history of being a market leader. Your history is important to us. It should include the following:

Required:

• Bachelor’s Degree required; Finance, Business, Accounting, Economics, Engineering, or related majors / concentration preferred. MBA preferred.
• 8-10 years of experience leading Venture Capital Investment Process
• Deal negotiation and structure experience
• Leader of due diligence process working with internal team
• Portfolio management experience
• Corporate Strategy experience
• Ability to translate novel capabilities uncovered by technology scouting team into compelling business opportunities.
• Experience with cash flow modeling and investment valuation techniques.
• Strong written and verbal communication skills.
• Great networking skills.
• Travel up to 10%.

Preferred:

• Solid understanding of Excel and PowerPoint.
• Ability to take on increased responsibility, special initiatives, and leadership role.
• Outstanding analytical skills, detailed, proactive and self-motivated.
• Prior experience working in investment banking, corporate development or private equity
• Industry experience
• Ability to take on increased responsibility, special initiatives and leadership role.

The salary range for this position is $140,000 - $170,000/ year.

The hiring [base salary / wage rate] range above represents what Avery Dennison reasonably expects to pay for this position as of the date of this posting. Actual salaries will vary within the range, and in some circumstances may be above or below the range, based on various factors including but not limited to a candidate’s relevant skills, experience, education and training, and location, as well as the job scope and complexity, responsibilities, and regular and/or necessary travel required for the position, which may change depending on the candidate pool. Avery Dennison reserves the right to modify this information at any time, subject to applicable law.  

https://www.averydennison.com/en/home/about-us