https://www.avient.com/investor-center/news/avient-hold-fourth-quarter-2022-conference-call
January 6, 2023
NYSE: AVNT), a leading provider of specialized and sustainable material solutions, intends to release its fourth quarter 2022 earnings before the market opens on
https://www.avient.com/sites/default/files/2023-03/2023 Avient Bookmarked Proxy Statement - FINAL.pdf
The payout was earned based on the Company’s adjusted EPS performance over four equally-weighted
performance periods as noted below.
2020–2022 Cash-Settled Performance Units
Performance Measure: Adjusted EPS
Performance Periods Weighting Target Result Payout %
January 1, 2020 – December 31, 2020 25% $1.83 $1.90 158%
January 1, 2021 – December 31, 2021 25% $1.98 $3.05 200%
January 1, 2022 – December 31, 2022 25% $1.89 $2.93 200%
January 1, 2020 – December 31, 2022 25% $5.70 $7.88 200%
Total Attainment 189%
Adjusted EPS (threshold, target and maximum levels, and results) with respect to the incentives described
above was calculated with adjustments for acquisitions, divestitures and special items pursuant to the
10 PROXY STATEMENT 2023 | Annual Meeting of Shareholders
terms of the 2020-2022 long-term incentive program (the “2020-2022 Long-Term Incentive Program”) and
as approved by the Compensation Committee.
Performance Period Weighting
January 1, 2022 through December 31, 2022 25%
January 1, 2023 through December 31, 2023 25%
January 1, 2024 through December 31, 2024 25%
January 1, 2022 through December 31, 2024 25%
The attainment level for the cash-settled performance units will be certified at the end of the total three-
year performance period.
Beggs joined the Company on August 24, 2020, after the grant date for these awards,
and therefore did not participate in the 2020-2022 Long-Term Incentive Program.
70 PROXY STATEMENT 2023 | Annual Meeting of Shareholders
2020 – 2022 Cash-Settled Performance Units—Performance Measure: Adjusted EPS*
Performance Periods Weighting Threshold Target Maximum Result Payout %
January 1, 2020 –
December 31, 2020 25% $1.76 $1.83 $1.96 $1.90 158%
January 1, 2021 –
December 31, 2021 25% $1.83 $1.98 $2.27 $3.05 200%
January 1, 2022 –
December 31, 2022 25% $1.66 $1.89 $2.36 $2.93 200%
January 1, 2020 –
December 31, 2022 25% $5.25 $5.70 $6.59 $7.88 200%
Total Attainment 189%
* All financial measures (performance measures and results) reported in the table above were calculated with adjustments for acquisitions,
divestitures and special items (as noted on Appendix A) pursuant to the terms of the program and as approved by the Compensation Committee.
https://www.avient.com/knowledge-base/article/gain-colorful-insight-ski-boot-market?ind[]=6596
Sep 23, 2020
The outcome of this unique project would be a comprehensive report and guide, including five colors proposed for the 2021 – 2022 ski season following visits to dealers, boutique shops, and chain stores.
https://www.avient.com/knowledge-base/article/gain-colorful-insight-ski-boot-market?ind[]=21537
Sep 23, 2020
The outcome of this unique project would be a comprehensive report and guide, including five colors proposed for the 2021 – 2022 ski season following visits to dealers, boutique shops, and chain stores.
https://www.avient.com/investor-center/news/polyone-signs-agreement-divest-performance-products-and-solutions-business-segment
In accordance with US GAAP, the company expects the PP&S business will be classified as "held for sale" and reported as a discontinued operation.
Senior management uses comparisons of diluted adjusted earnings per share (EPS) from continuing operations attributable to
Special items and tax adjustments are defined in our most recent earnings release dated
https://www.avient.com/investor-center/investor-news/archives?page=31
Reports GAAP earnings per share of $0.50, the same as the prior year quarter
- Adjusted EPS increases to $0.56 from $0.54, representing the compa
https://www.avient.com/investor-center/investor-news/archives?page=22
Revenue increased 8% to $883 million, primarily driven by 6% organic growth with acquisitions adding approximately 2%
- GAAP earnings per share o
Revenue increased 12% (6.5% organic) driven by continued momentum from investments in commercial resources and specialty acquisitions
- Reported
https://www.avient.com/investor-center/investor-news/archives?page=24
Revenue increased 13% driven by continued momentum from investments in commercial resources and specialty acquisitions
- Reported GAAP earnings p
https://www.avient.com/investor-center/investor-news/archives?page=32
Reports GAAP earnings per share of $0.59 vs. $0.74 in the prior year, reflecting the favorable impact of certain tax benefits recognized in 2015
https://www.avient.com/news/polyone-inspiring-electric-vehicle-designs-lineup-trendsetting-polymer-colors
PolyOne’s new color formulations, which include chameleon-like transparent shades for polycarbonate, numerous custom hues, the Color Inspiration 2020 collection, and the recently launched Shades of Nature collection, will be featured at PIAE 2019 on stand 95.
NOTE to EDITORS: EVs remain a novelty in the automotive space, accounting for less than 2% of global vehicle sales, but demand is increasing and expected to grow from slightly over 1 million vehicles in 2017 to 11 million vehicles by 2025, according to a recent report by BloombergNEF.
Click here to read the report.