https://www.avient.com/investor-center/news/avient-announces-first-quarter-2023-results
Full year adjusted EBITDA and EPS guidance of
Second Quarter and Full Year 2023 Outlook
Cash and cash equivalents at beginning of year
https://www.avient.com/sites/default/files/2023-01/Avient Audit Committee Charter.pdf
The Audit Committee Charter was first adopted by the Board on September 6, 2000 and amended subsequently, the last amendment being July 14, 2021.
Meetings The Audit Committee shall meet as often as it deems necessary, but not less frequently than four times a year.
Audit Committee Charter, approved on October 14, 2021.
https://www.avient.com/investor-center/news/avient-announces-second-quarter-2022-results
in the prior year quarter
in the prior year quarter.
a 14% increase from the prior year quarter, and maintained its full year adjusted EPS guidance of
https://www.avient.com/sites/default/files/2021-08/avient-cdp-climate-change-questionnaire-2021.pdf
Avient’s ERM process evaluates potential new technologies that could displace old products and services and related direct and indirect impacts on the business.
Scope 1 Base year start January 1, 2019 Base year end December 31, 2019 Base year emissions (metric tons CO2e) 18,709 Comment We are restating our baseline year emissions to include our recent acquisitions.
This portfolio has grown at a compounded annual growth rate of 14% since 2016, and the megatrends of the future indicate continued growth and demand.
https://www.avient.com/investor-center/news/polyone-promotes-joel-rathbun-senior-vice-president-mergers-acquisitions
For the last three years, Mr.
I'm extremely pleased to begin the new year with Joel leading our strategic efforts in this regard."
https://www.avient.com/news/polyone-establishes-outdoor-high-performance-solutions-team
Leading the new team is general manager Mike Bradley, a 20-year veteran of PolyOne with 35 years of polymer industry experience, a former sheriff’s deputy in Michigan, and an avid outdoorsman.
https://www.avient.com/news/polyone-hires-richard-n-altice-president-designed-structures-and-solutions
Altice has nearly 30 years of extensive experience, primarily focused on driving growth through innovative product development and commercial excellence at global specialty chemical companies.
McAlindon, who is leaving the company after five years of dedicated service.
https://www.avient.com/investor-center/news/avient-hires-dr-vinod-purayath-chief-technology-officer
With nearly 20 years of experience in R&D and scientific leadership, Dr.
At SanDisk Corporation, he held technical and engineering leadership positions over an eight-year period, building and leading a global team of engineers, whose success underpinned the growth of the company.
https://www.avient.com/investor-center/news/polyone-hires-christopher-pederson-president-specialty-engineered-materials
With more than 25 years of experience in engineered materials, Mr.
where he served in various composite product development and engineering roles for high-profile military aircraft programs over a 10-year period.
https://www.avient.com/sites/default/files/resources/Investor%2520Day%2520-%2520May%25202012%2520-%2520PolyOne%2520Distribution.pdf
Schuering Page 77 Appliance 5% Building & Construction 3% Wire & Cable 3% Electrical & Electronics 3% Consumer 21% Industrial 24% HealthCare 21% Transportation 17% 2011 Revenue: $1.0 Billion2011 Revenue: $1.0 Billion Key SuppliersKey Suppliers At a Glance Distribution Packaging 3% 2.6% 3.0% 3.5% 4.0% 4.6% 5.6% 2006 2007 2008 2009 2010 2011 2015 Operating Income % of Sales ROICROIC Expanding ProfitsExpanding Profits 15.3% 18.4% 22.4% 30.0% 39.2% 48.6% 2006 2007 2008 2009 2010 2011 Target 6 – 7.5% Page 78 Value Proposition and Transformation Highlights Distribution Value Proposition • North America-based distributor with expanding global reach providing key plastic processors and market segments with best-in-class suppliers products, service and delivery with a commitment to develop value-added solutions to enhance customer profitability Transformation Highlights • Significant market share gains with key suppliers , > $5B Addressable Market • Significant market share gains with key suppliers � Proprietary PolyOne technology � Dow Corning • Improved sales mix and profitability by shifting to non-cyclical businesses like healthcare • Established presence in Brazil and Asia in 2011 Page 79 Key Differentiators Distribution • Product offering � Breadth and depth; industry leading suppliers • Sales and marketing capability • Customer service / logistics operations � Customer survey results – consistent best-in-class performance � Leading on-time delivery • Management team experience and stability • Lean Six Sigma � Solving our customers’ unmet needs Page 80 $102.8 $207.2 2006 2011 Healthcare Revenue • Strong market segmentation provides focused resourcing to accelerate growth • Expanding global reach meets Areas of Focus Distribution 2006 2011 $66.0 $182.4 2006 2011 National Accounts Revenue • Expanding global reach meets customers’ needs and creates competitive differentiation • Selling skills & product application knowledge to target executives & engineers ($ millions) Page 81 Critical Imperatives • Invest in commercial resources to accelerate growth • Expand healthcare and key account revenues • Broaden geographic reach and develop new markets and channel partnerships Critical Imperatives and 2015 Goal Distribution channel partnerships • Continue to improve working capital efficiency and superior cash flow generation 2015 Goal • 6 - 7.5% return on sales Page 82 Page 83