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Avient Corporation (AVNT)

NYSE - NYSE Delayed Price. Currency in USD
33.72-0.91 (-2.63%)
At close: 04:00PM EST
33.35 -0.37 (-1.10%)
After hours: 04:23PM EST
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Avient Corporation

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

Sector(s)Basic Materials
IndustrySpecialty Chemicals
Full Time Employees8,700

Key Executives

NameTitlePayExercisedYear Born
Mr. Robert M. PattersonChairman, Pres & CEO5.64M10.04M1973
Ms. Jamie A. BeggsSr. VP & CFO1.32MN/A1976
Ms. Lisa K. KunkleSr. VP, Gen. Counsel & Sec.1.24M1.13M1969
Mr. Joel R. RathbunSr. VP of Mergers & Acquisitions1.22M335.84k1973
Mr. Michael A. GarrattSr. VP and Pres of Color, Additives & Inks - EMEA Region1.56M499.45k1964
Mr. M. John Midea Jr.Sr. VP of Global Operations & Process ImprovementN/AN/A1964
Dr. Vinod PurayathSr. VP & Chief Technology OfficerN/AN/A1979
Mr. Brian SchilfVP & Chief Information OfficerN/AN/AN/A
Mr. Giuseppe Di SalvoVP of Investor Relations & TreasurerN/AN/AN/A
Kyle G. RoseVP of Corp. CommunicationsN/AN/AN/A
Amounts are as of December 31, 2021 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Avient Corporation provides specialized formulator, services, and sustainable material solutions in the United States, Canada, Mexico, Europe, South America, and Asia. It operates through three segments: Color, Additives and Inks; Specialty Engineered Materials; and Distribution. The Color, Additives and Inks segment offers specialized color and additive concentrates in solid and liquid form for thermoplastics; dispersions for thermosets; and specialty inks. This segment products are used in various markets include medical, pharmaceutical devices, food packaging, personal care, cosmetics, transportation, building products, recreational, athletic apparel, construction, filtration, outdoor furniture, healthcare, wire, and cable. The Specialty Engineered Materials segment provides specialty polymer formulations, services, and solutions for designers, assemblers, and processors of thermoplastic materials; and long glass and carbon fiber technology to thermoset and thermoplastic composites. The Distribution segment distributes approximately 4,000 grades of engineering and commodity grade resins to custom injection molders and extruders. The company 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 December 1, 2022 is 3. The pillar scores are Audit: 2; Board: 2; Shareholder Rights: 6; 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 a 10 indicates higher governance risk.
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