Avient Corporation (AVNT)

43.22 +0.43 (+1.00%) At close: 04:00PM EDT

Avient Corporation

33587 Walker Road
Avon Lake, OH 44012
United States
440 930 1000
https://www.avient.com

Sector(s): Basic Materials
Industry: Specialty Chemicals
Full-time employees: 9,300

Key executives

Name	Title	Pay	Exercised	Year born
Dr. Ashish K. Khandpur Ph.D.	President, CEO & Director	1.54M	N/A	1968
Ms. Jamie A. Beggs	Senior VP & CFO	1.27M	N/A	1977
Mr. Robert M. Patterson	Advisor	4.81M	N/A	1973
Mr. Joel R. Rathbun	Senior Vice President of Mergers & Acquisitions	1.08M	8.34k	1973
Mr. Michael A. Garratt	Senior VP and President of Color, Additives & Inks - EMEA Region	1.69M	N/A	1964
Mr. M. John Midea Jr.	Senior Vice President of Global Operations & Process Improvement	1.02M	N/A	1964
Dr. Vinod Purayath Ph.D.	Senior VP & Chief Technology Officer	N/A	N/A	1979
Ms. Amy Evins	Interim Chief Information Officer	N/A	N/A	N/A
Mr. Giuseppe Di Salvo	VP of Investor Relations & Treasurer	N/A	N/A	N/A
Robert K. James	Assistant General Counsel & Assistant Secretary	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Avient Corporation operates as a formulator of material solutions in the United States, Canada, Mexico, Europe, South America, and Asia. It operates in two segments, Color, Additives and Inks; and Specialty Engineered Materials. The Color, Additives and Inks segment offers custom color and additive concentrates in solid and liquid form for thermoplastics, dispersions for thermosets, and specialty inks; custom-formulated liquid system, such as polyester, vinyl, natural rubber and latex, polyurethane, and silicone; and proprietary inks. Its products are used in medical and pharmaceutical devices, food packaging, personal care and cosmetics, transportation, building products, wire and cable, recreational and athletic apparel, construction and filtration, outdoor furniture, healthcare, textiles and appliances, and industrial markets. The Specialty Engineered Materials segment provides specialty polymer formulations, services, and solutions for designers, assemblers, and processors of thermoplastic materials. It sells its products through direct sales personnel, distributors, and commissioned sales agents. The company was formerly known as PolyOne Corporation and changed its name to Avient Corporation in June 2020. Avient Corporation was founded in 1885 and is headquartered in Avon Lake, Ohio.

Corporate governance

Avient Corporation’s ISS governance QualityScore as of 1 April 2024 is 4. The pillar scores are Audit: 3; Board: 2; Shareholder rights: 7; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.