https://www.avient.com/news/polyone-hires-john-midea-senior-vice-president-global-operations-and-process-improvement
We are thrilled to have John join our leadership team and continue our tradition of operational excellence and continuous improvement in safety, quality, service and operations,” said Robert M.
His unique blend of skills and experience – in both executive leadership and continuous improvement in specialty manufacturing – will be a great asset as we identify and deliver innovative ways to add value to our customers.”
He spent 12 years at Valspar Corporation with increasing roles of responsibility, including vice president, where he was accountable for the North American segment of its liquid, powder, electrocoat and after market specialty chemical businesses.
https://www.avient.com/sites/default/files/2024-02/AVNT Q4 2023 Earnings Presentation_For Website_with Non-GAAP.pdf
Avient’s chief operating decision maker uses these financial measures to monitor and evaluate the ongoing performance of Avient and each business segment and to allocate resources.
Management believes this provides comparability of the performance of the combined businesses.
In addition, operating income before the effect of special items is a component of Avient’s annual incentive plans and is used in debt covenant computations.
https://www.avient.com/sites/default/files/2025-03/Q4 2024 Avient Webcast Slides w Non-GAAP.pdf
They are based on management’s expectations that involve business risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements.
Avient’s chief operating decision maker uses these financial measures to monitor and evaluate the ongoing performance of Avient and each business segment and to allocate resources.
All Rights Reserved 2025 Full-year 2024 highlights ► 4% organic revenue growth for Avient; 3% for CAI and 6% for SEM ► Adjusted EBITDA margin expanded 20 bps for Avient; 90 bps for CAI and 110 bps for SEM ► New strategy in execution Leadership team strengthened with a new CTO, CIO, General Counsel, SVP (New business development & marketing) in place ► New compensation plan rolled out in January 2025, in direct alignment with the strategy ► 2024 was our safest year on record ► Increased dividend 5% to $1.08 on an annualized basis; 14th consecutive increase FY 2024 results FULL YEAR 2024 VS.
https://www.avient.com/sites/default/files/2023-02/AVNT Q4 2022 Earnings Press Release-1.pdf
Patterson continued.
This business is referred to as Avient Protective Materials “APM”.
In addition, operating income before the effect of special items is a component of Avient annual and long-term employee incentive plans and is used in debt covenant computations.
https://www.avient.com/sites/default/files/2024-08/AVNT Second Quarter Earnings Press Release.pdf
We anticipate continued year-over-year organic sales growth, with both segments growing earnings."
Avient's chief operating decision maker uses these financial measures to monitor and evaluate the ongoing performance of the Company and each business segment and to allocate resources.
In addition, operating income before the effect of special items is a component of Avient's annual incentive plans and is used in debt covenant computations.
https://www.avient.com/sites/default/files/2022-02/Q4 2021 Avient Earnings Release_0.pdf
Patterson continued.
Full Year Comparisons Pro Forma for Acquisition of Clariant’s Color Business The company acquired Clariant’s color (“Clariant Color”) business on July 1, 2020 (the “Acquisition Date”).
Management believes this provides better comparability of the performance of the combined businesses.
https://www.avient.com/sites/default/files/2021-04/avnt-first-quarter-2021-news-release.pdf
Patterson added, “We are an asset-light, high-touch business that generates very high free cash flow conversion.
Management believes this provides better comparability of the performance of the combined businesses.
In addition, operating income before the effect of special items is a component of Avient annual and long-term employee incentive plans and is used in debt covenant computations.
https://www.avient.com/sites/default/files/2024-03/Global Supplier Quality Manual_2024.pdf
Suppliers should work collaboratively with Avient to identify and implement product or process changes aimed at continuously improving the quality and value of its products.
Based on the risk of the proposed product or process change, Avient may advise the supplier what level of detail and planning is required.
Should the need arise to return any purchased material, the supplier shall provide Avient the required authorization for prompt material return. 4.3 Contingency / Disaster Recovery Plan Suppliers shall have and maintain a contingency plan or disaster recovery plan for potential catastrophes that may disrupt the flow of products to Avient plants.
https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520-%2520Goldman%2520Sachs%2520Conference%2520w%2520nonGAAP.pdf
They are based on management’s expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements.
In certain cases throughout this presentation. PolyOne’s chief operating decision maker uses these financial measures to monitor and evaluate the ongoing performance of the Company and each business segment and to allocate resources.
In addition, operating income before special items and adjusted EPS are components of various PolyOne annual and long-term employee incentive plans. A reconciliation of each non-GAAP financial measure with the most directly comparable GAAP financial measure is attached to this presentation which is posted on our website at www.polyone.com.
https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520-%2520RW%2520Baird%2520Conference%2520w%2520non-GAAP.pdf
They are based on management’s expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements.
In certain cases throughout this presentation. PolyOne’s chief operating decision maker uses these financial measures to monitor and evaluate the ongoing performance of the Company and each business segment and to allocate resources.
In addition, operating income before special items and adjusted EPS are components of various PolyOne annual and long-term employee incentive plans. A reconciliation of each non-GAAP financial measure with the most directly comparable GAAP financial measure is attached to this presentation which is posted on our website at www.polyone.com.