https://www.avient.com/sites/default/files/resources/PolyOne%25202017%2520Proxy%2520Statement.PDF
revenues, revenue growth, revenue growth by targeted country, region or end market, gross margin and gross margin growth, material margin and material margin growth, stock price appreciation, total return to shareholders, sales and administrative costs divided by sales, and sales and administrative costs divided by profits); and • Strategic Initiative Key Deliverable Metrics consisting of one or more of the folff lowing: product development, strategic partnering, research and development, vitality index, market penetration, geographic business expansion goals, cost targets, customer satisfaction, employee satisfaction, management of employment practices (including succession planning and talent development) and employee benefitsff , supervision of litigation and inforff mation technology, and goals or synergies relating to acquisitions or divestitures of subsidiaries, affiliates and joint ventures.
Delivering 7 consecutive years of adjusted earnings per share expansion, driven by record levels of profit and profitability, has created shareholder value.
The Management Objectives applicable to any Qualified Perforff mance-Based Award will be based on one or more, or a combination, of the folff lowing metrics (including relative or growth achievement regarding such metrics): (i) Profitff s (e.g., operating income, EBIT, EBT, net income, earnings per share, residual or economic earnings, economic profit — these profitability metrics could be measured before certain specified special items and/or subject to GAAP definff ition); (ii) Cash Flow (e.g., EBITDA, free cash flow, freff e cash flow with or without specific capital expenditure target or range, including or excluding divestments and/or acquisitions, total cash flow, cash flow in excess of cost of capital or residual cash flow or cash flow return on investment); (iii) Returns (e.g., Profitff s or Cash Flow returns on: assets, invested capital, net capital employed, sales, and equity); (iv) Working Capital (e.g., working capital divided by sales, days’ sales outstanding, days’ sales inventory, and days’ sales in payables); (v) Profitff Margins (e.g., Profits divided by revenues, gross margins and material margins divided by revenues, and material margin divided by sales pounds); (vi) Liquidity Mtt easures (e.g., debt-to-capital, debt-to-EBITDA, total debt ratio); (vii) Sales Growth, Gross Margin Growth, Cost Initiative and Stock Price Metrics (e.g., revenues, revenue growth, revenue growth by targeted country, region or end market, gross margin and gross margin growth, material margin and material margin growth, stock price appreciation, total return to shareholders, sales and administrative costs divided by sales, and sales and administrative costs divided by profitsff ); and B-3 (viii) Strategic Initiative Key Deliverable Metrics consisting of one or more of the folff lowing: product development, strategic partnering, research and development, vitality index, market penetration, geographic business expansion goals, cost targets, customer satisfaction, employee satisfaction, management of employment practices (including succession planning and talent development) and employee benefitff s, supervision of litigation and inforff mation technology, and goals or synergies relating to acquisitions or divestitures of subsidiaries, affiliates and joint ventures.
https://www.avient.com/sites/default/files/2023-07/Avient-2022-Sustainability-Report.pdf
Established ‘Read with Lead’ book club on topics of leadership & community • Introduced Belonging through two events with external experts—both recorded and shared with all associates • Leveraged LEAD as a core influencer of our broader diversity & inclusion values focusing on trust, accessibility and applicability for all • Sponsored events across the US and LATAM including the Stonewall National Championship • Continued education on mental health awareness and allyship • Attended the Out & Equal Summit • Supported campus recruiting efforts and utilized events to attract diverse talent • Earned third consecutive perfect score on Corporate Equality Index • First global event connected more than 400 associates from 36 countries • Created content on 26 different topics including professional development, safety, sustainability, and @Avient • Developed mentoring connection with College Now to mentor current students • ERG launch videos created for EMEA & LATAM with expansion to Asia in 2023 • Focused on outreach with connection to associations for Latino, Asian, and Indian professionals • Presenters at the Ohio Diversity Council and National Association of Asian American Professionals events • Ambassador program deployed to support newly hired diverse talent • Culture Corner quarterly articles posted to highlight cultures around the world “I am thrilled to lead and be a part of the North American team in 2023!
More recently, with the acquisition of the Protective Materials business of DSM and the divestiture of the Distribution business, we dramatically enhanced our material offerings in line with the strategy we established over a decade ago, and are now a premier formulator of specialized and sustainable solutions, poised for greater growth and margin expansion.