AVIENT CORP shareholders approved Ratification of Ernst & Young LLP as independent registered public accounting firm at the 2026-05-14 meeting.
“The shareholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.”
Shareholder Votes
AVIENT CORP shareholders approved Advisory approval of named executive officer compensation at the 2026-05-14 meeting.
“The shareholders approved, on an advisory basis, the Company’s named executive officer compensation.”
Shareholder Votes
AVIENT CORP shareholders approved Election of Directors at the 2026-05-14 meeting.
“The following individuals were nominated in 2026 to serve as directors until the 2027 Annual Meeting of Shareholders. All nominees were elected.”
Earnings Releases
AVIENT CORP reported financial results for first quarter of 2026.
“On May 7, 2026, the Registrant issued a press release, furnished herewith as Exhibit 99.1, announcing earnings for the first quarter of 2026.”
Debt Financings
AVIENT CORP incurred revolving credit of up to $500 million with JPMorgan Chase Bank, N.A. maturing five years from the Closing Date.
“(subject to certain exceptions) and may be prepaid at any time without premium or penalty. The Credit Agreement consists of a senior secured revolving credit facility of up to $500 million (the “ Revolving Credit Facility ”), which may be increased by up to $250 million, subject to certain customary requirements and obtaining commitments for such increase. The”
Christopher L. Pederson retired as Senior Vice President and President of Specialty Engineered Materials at AVIENT CORP.
“Christopher L. Pederson, Senior Vice President and President of Specialty Engineered Materials, has given notice of his decision to retire from Avient Corporation (the "Company"), effective as of June 30, 2025.”
Debt Financings
AVIENT CORP amended term loan of $721 million with Citibank, N.A., as administrative agent at Adjusted Term SOFR plus 1.75% or Base Rate plus 0.75%.
“On March 12, 2025, Avient Corporation, an Ohio corporation (the " Company "), and certain subsidiaries of the Company amended its secured Term Loan Agreement (as defined below) to create a new tranche of term loans (the " Term B-9 Loans ") in an initial principal amount of $721 million, the proceeds of which were used to refinance all of the outstanding term loans under the Term Loan Agreement.”
Michael Garratt departed as Senior Vice President, President of Color, Additives & Inks - EMEA at AVIENT CORP.
“On July 25, 2024, Avient Corporation (the “Company”) announced that Michael Garratt intended to retire from his position as Senior Vice President, President of Color, Additives & Inks - EMEA.”
Earnings Releases
AVIENT CORP reported first quarter of 2024 results: revenue sales of $829.0 million, EPS GAAP EPS from continuing operations of $0.54. Guidance raised.
“AVNT), a leading provider of specialized and sustainable materials solutions, today announced its first quarter results for 2024. The company reported first quarter sales of $829.0 million compared to $845.7 million in the prior year quarter. First quarter GAAP earnings per share (EPS) from continuing operations was $0.54 compared to $0.23 in the prior year”
Earnings Releases
AVIENT CORP reported full year 2024 results: EPS $2.40 to $2.65. Guidance initiated.
“2024 full year adjusted EPS expected to range from $2.40 to $2.65”
Earnings Releases
AVIENT CORP reported full year 2023 results: EPS $2.36.
“Fourth quarter and full year 2023 adjusted EPS were $0.52 and $2.36”
Earnings Releases
AVIENT CORP reported fourth quarter of 2023 results: EPS $0.52.
“Fourth quarter and full year 2023 adjusted EPS were $0.52 and $2.36”
Earnings Releases
AVIENT CORP reported full year 2023 results: EPS $0.83.
“Fourth quarter and full year GAAP EPS of $0.30 and $0.83”
Earnings Releases
AVIENT CORP reported fourth quarter of 2023 results: EPS $0.30.
“Fourth quarter and full year GAAP EPS of $0.30 and $0.83”
Dr. Ashish Khandpur was appointed as President and Chief Executive Officer at AVIENT CORP.
“On November 13, 2023, the Company announced that, in connection with Mr. Patterson’s retirement, Dr. Ashish Khandpur has been appointed as President and Chief Executive Officer and a member of the Board, effective December 1, 2023.”
Robert M. Patterson departed as President and Chief Executive Officer at AVIENT CORP.
“Robert M. Patterson, Chairman of the Board of Directors and the President and Chief Executive Officer of Avient Corporation (the “Company”), notified the Board of Directors (the “Board”) of the Company that he will retire as President and Chief Executive Officer and as a member of the Board, effective as of December 1, 2023.”
“The company reported third quarter sales of $754 million compared to $823 million in the prior year. Third quarter GAAP and adjusted earnings per share (EPS) were $0.06 and $0.57, respectively, compared to ($0.30) and $0.59 in the prior year.”
Debt Financings
AVIENT CORP amended term loan with Citibank, N.A., as administrative agent; Morgan Stanley Bank, N.A., as the Amendment No. 8 Additional Term Lender at reduced the interest rate maturing extended the maturity date of the existing Term B-5 loans from January 30, 2026 to August 29, 2029.
“reduced the interest rate applicable to the term loans and extended the maturity date of the existing Term B-5 loans from January 30, 2026 to August 29, 2029”
Debt Financings
AVIENT CORP incurred term loan of initial principal amount of $732 million with Citibank, N.A., as administrative agent; Morgan Stanley Bank, N.A., as the Amendment No. 8 Additional Term Lender at Adjusted Term SOFR plus 2.50% or Base Rate plus 1.50%.
“On August 16, 2023, Avient Corporation, an Ohio corporation (the “Company”), and certain subsidiaries of the Company amended its secured Term Loan Agreement to create a new tranche of term loans (the “Term B-7 Loans”) in an initial principal amount of $732 million”
Material Agreements
AVIENT CORP amended Term Loan Agreement with Citibank, N.A., as administrative agent, Morgan Stanley Bank, N.A., as the Amendment No. 8 Additional Term Lender, and the other lenders party thereto valued at $732 million (effective 2023-08-16).
“On August 16, 2023, Avient Corporation, an Ohio corporation (the “Company”), and certain subsidiaries of the Company amended its secured Term Loan Agreement to create a new tranche of term loans (the “Term B-7 Loans”) in an initial principal amount of $732 million”
Earnings Releases
AVIENT CORP reported second quarter 2023 results: EPS Adjusted EPS of $0.63.
“GAAP EPS of $0.24 includes special items and amortization expense”
Governance Changes
AVIENT CORP: The Board approved the amendment and restatement of the Avient Corporation Regulations, effective May 11, 2023, which includes changes to advance notice periods for shareholder proposals, proxy card color requirements, requirement for shareholder to appear at meetings, compliance with universal prox (effective 2023-05-11).
“On May 11, 2023, in response to amendments to federal proxy rules adopted by the Securities and Exchange Commission, the Board approved the amendment and restatement of the Avient Corporation Regulations, effective as of such date (the “ Amended and Restated Regulations ”). Among other changes, the Amended and Restated Regulations: • provide that shareholders must give advance notice to the Company of business or nominations to be brought before an annual meeting of not less than 90 nor more than 120 calendar days prior to the first anniversary of the date on which the Company first mailed its proxy materials for the preceding year’s annual meeting of shareholders; • require any shareholder directly or indirectly soliciting proxies from other shareholders to use a proxy card color other than white, with the white proxy card being reserved for exclusive use by the Board; • require a shareholder to appear at the meeting to present its proposal or nomination; • address matters relating to”
Shareholder Votes
AVIENT CORP shareholders approved Ratification of appointment of Ernst & Young LLP as independent registered public accounting firm for fiscal year ending December 31, 2023 at the 2023-05-11 meeting.
“e) The shareholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. The voting results were as follows: For Against Abstentions 81,219,556 1,771,208 164,617”
Shareholder Votes
AVIENT CORP shareholders approved Amendment and restatement of the Avient Corporation 2020 Equity and Incentive Compensation Plan at the 2023-05-11 meeting.
“d) The shareholders approved the amendment and restatement of the Avient Corporation 2020 Equity and Incentive Compensation Plan. The voting results were as follows: For Against Abstentions Broker Non-Votes 76,051,059 4,613,032 374,169 2,117,121”
Shareholder Votes
AVIENT CORP shareholders voted on Advisory vote on frequency of future advisory votes to approve named executive officer compensation at the 2023-05-11 meeting.
“c) The shareholders approved, on an advisory basis, a frequency of every year for future advisory votes to approve named executive officer compensation. The voting results were as follows: Every Year Every Two Years Every Three Years Abstentions Broker Non-Votes 78,260,785 67,443 2,454,320 255,712 2,117,121”
Shareholder Votes
AVIENT CORP shareholders approved Advisory vote to approve named executive officer compensation at the 2023-05-11 meeting.
“b) The shareholders approved, on an advisory basis, the Company’s named executive officer compensation. The voting results were as follows: For Against Abstentions Broker Non-Votes 76,401,659 4,392,139 244,462 2,117,121”
Shareholder Votes
AVIENT CORP shareholders approved Election of Directors at the 2023-05-11 meeting.
“The Company held its Annual Meeting of Shareholders (the “ Annual Meeting ”) on May 11, 2023.”
Earnings Releases
AVIENT CORP reported second quarter 2023 results: revenue $845 million, EPS adjusted EPS of $0.60. Guidance initiated.
“Accordingly, we expect second quarter sales and adjusted EPS of $845 million and $0.60, respectively, which reflects slightly higher margins than we projected at the beginning of the year”
Earnings Releases
AVIENT CORP reported full year 2023 results: EPS adjusted EPS of $2.40. Guidance reaffirmed.
“On a full year basis, we are maintaining our previous guidance of adjusted EBITDA and EPS of $530 million and $2.40.”
“Avient Announces First Quarter 2023 Results • First quarter sales of $846 million in line with guidance • GAAP EPS of $0.23 includes special items primarily related to restructuring costs as detailed in Attachment 3 • Adjusted EPS of $0.63 exceeded guidance of $0.55, driven by better-than-projected margins in both segments”
“Given these factors we anticipate full-year sales of $3.45 billion, adjusted EBITDA of $530 million and adjusted EPS of $2.40.”
Earnings Releases
AVIENT CORP reported the full year 2022 results: EPS $0.90.
“Fourth quarter and full year GAAP earnings per share (EPS) from continuing operations were $(0.19) and $0.90, respectively.”
Earnings Releases
AVIENT CORP reported the fourth quarter of 2022 results: EPS $(0.19).
“Fourth quarter and full year GAAP earnings per share (EPS) from continuing operations were $(0.19) and $0.90, respectively.”
M&A Transactions
AVIENT CORP completed an acquisition involving DSM Protective Materials for $1.4 billion, net of cash acquired (closed 2022-09-01).
“(the “APM Acquisition”). The acquired business is referred to as Avient Protective Materials or APM. Total consideration paid by the Company to complete the APM Acquisition was $1.4 billion, net of cash acquired. In connection with the APM Acquisition, Avient i) amended its a senior secured term loan credit facility pursuant to which it issued a term loan with an”
M&A Transactions
AVIENT CORP completed a disposition involving Hilo Group Buyer, LLC (n/k/a Formerra, LLC) for $950 million in cash (closed 2022-11-01).
“company (the “Purchaser”). Pursuant to the terms of the Agreement, the Purchaser agreed to acquire the Company’s Distribution business (the “Distribution Business”) for $950 million in cash, subject to a customary working capital adjustment. On November 1, 2022, the Company completed the sale of the Distribution Business to the Purchaser pursuant to the”
Earnings Releases
AVIENT CORP updated its third quarter 2022 guidance (lowered).
“On November 2, 2022, the Registrant issued a press release, furnished herewith as Exhibit 99.1, announcing earnings for the third quarter of 2022.”
Shareholder Votes
AVIENT CORP shareholders approved Ratification of Ernst & Young LLP as independent registered public accounting firm at the 2022-05-12 meeting.
“The shareholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2022. The voting results were as follows: For Against Abstentions 81,681,989 1,900,206 185,695”
Shareholder Votes
AVIENT CORP shareholders approved Advisory vote on named executive officer compensation at the 2022-05-12 meeting.
“The shareholders approved, on an advisory basis, the Company’s named executive officer compensation. The voting results were as follows: For Against Abstentions Broker Non-Votes 80,108,163 1,789,352 303,531 1,566,844”
Shareholder Votes
AVIENT CORP shareholders approved Election of Directors at the 2022-05-12 meeting.
“All nominees were elected. The voting results were as follows: Director Nominee For Withheld Broker Non-Votes Robert E. Abernathy 81,606,618 594,428 1,566,844”
Ernest Nicolas was elected as director at AVIENT CORP.
“On August 6, 2021, the Board of Directors (the “Board”) of Avient Corporation (the “Company”) increased its size from ten to twelve directors and elected Neil Green and Ernest Nicolas as directors, effective immediately.”
Neil Green was elected as director at AVIENT CORP.
“On August 6, 2021, the Board of Directors (the “Board”) of Avient Corporation (the “Company”) increased its size from ten to twelve directors and elected Neil Green and Ernest Nicolas as directors, effective immediately.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.