https://www.avient.com/industries/transportation/automotive
Water
https://www.avient.com/industries/transportation/automotive/automotive-electronics
Water
https://www.avient.com/industries/transportation/trucking
Water
https://www.avient.com/sites/default/files/2022-05/Compensation Committee Charter (REV 10-2019).pdf
Microsoft Word - Compensation Committee Charter (REV 10-2019)3[1].docx AVIENT CORPORATION COMPENSATION COMMITTEE CHARTER Membership • The Committee will consist entirely of directors who meet the definition of “independent” as set forth in the Corporate Governance Standards of the New York Stock Exchange, including the additional independence requirements set forth in New York Stock Exchange Listed Company Manual Section 303A.02(a)(ii). • Members of the Committee will be appointed by the Board each year following the annual meeting of shareholders. • Each Committee member will serve at the pleasure of the Board for such term as the Board may decide or until such Committee member is no longer a Board member. • The Committee shall consist of a minimum of three directors. • The Committee will select a Committee Chair from among its members.
Duties and Responsibilities The Committee will: Executive Compensation and Incentives. • Develop and maintain a competitive executive compensation program in order to attract and retain qualified executives and to provide incentives to management that reward pay for performance in attaining the Company’s goals and objectives. 2 • Review and approve a peer group of companies to be used for marketplace trend analysis and to assess the competitiveness of the Company’s total compensation opportunities for executive officers. • Review and approve corporate goals and objectives relevant to the Chief Executive Officer’s compensation; in conjunction with the evaluation conducted by the Board as described in the Company’s Corporate Governance Guidelines, evaluate the Chief Executive Officer’s performance in light of these goals and objectives; and determine and approve (or determine and approve, and recommend to the independent members of the Board for their determination and approval) the Chief Executive Officer’s compensation level based on this evaluation and comparable market data provided by the independent compensation consultant. • In determining the long-term incentive component of the Chief Executive Officer’s compensation, consider the Company’s performance and relative shareholder return, the value of similar incentive awards to chief executive officers at comparable companies, and the awards given to the Chief Executive Officer in the past. • Review and approve the compensation of other executive officers of the Company, including benefits and perquisites, taking into consideration the Company’s performance, comparable market data, the performance of each executive officer, and such other factors as may, in the Committee’s discretion, be appropriate. • In evaluating and making recommendations regarding, or determining and approving, executive compensation, the Committee shall consider the results of the most recent shareholder advisory vote on executive compensation (“Say on Pay Vote”) required by Section 14A of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). • With respect to incentive compensation plans and equity-based plans: • Make recommendations to the Board with respect to the approval of incentive compensation plans for executive officers and all equity-based plans. • Review and approve equity-based grants and awards, including long-term incentive plan awards, to officers, senior managers, key employees, and other employees of the Company and its subsidiaries under the Company’s equity-based plans. • Review and approve the performance criteria, target awards, payout criteria and like items for the Company’s annual incentive and long-term incentive compensation plans. • Review and approve (a) attainment levels under the Company’s annual incentive plan; (b) payments to executive officers of the Company under the annual incentive plan; and (c) payments to officers, senior managers and employees of the Company under the Company’s long-term incentive compensation plans. • Administer the Company’s equity-based incentive compensation plans and other plans adopted by the Board that contemplate administration by the Committee. • Review and approve special bonuses and/or other awards to executive officers on a case-by- case basis for outstanding performance. • Review and approve the terms of all employment agreements, management continuity agreements and change in control agreements for elected officers. 3 Non-employee Director Compensation. • Review the compensation of non-employee directors and make recommendations to the Board regarding changes to existing compensation levels. • Perform administrative functions with respect to the compensation of non-employee directors, including interpreting existing policy. • Review and approve (or approve and recommend to the Board for its approval) equity-based grants and awards to non-employee directors under the Company’s equity-based plans.
Review and Discuss the CD&A and Compensation Committee Report. • With the assistance of management and any outside advisers the Committee deems appropriate (a) review and discuss with management the Company’s disclosures in the CD&A, and, based on this review, make a recommendation as to whether to include it in the Company’s annual report on Form 10-K and proxy statement relating to the Company’s annual meeting of shareholders, and (b) prepare a Compensation Committee Report for inclusion in the Company’s proxy statement or other applicable SEC filings. 4 Board Reports and Annual Evaluation. • Regularly report the Committee’s activities and any recommendations to the Board in such manner and at such times as the Committee or the Board deems appropriate. • Conduct an annual evaluation of the Committee’s performance.
https://www.avient.com/company/sustainability
Sustainability at Avient
Knowledge Base
Knowledge Base
https://www.avient.com/news/archives?page=26
Avient Launches Additional reSound™ Bio-Based TPEs Formulated with Renewable, Plant-Derived Content
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https://www.avient.com/knowledge-base/article/overmolding-guide?ind[]=6599
Thermoplastic Elastomers Knowledge Base
Collaborating with Avient provides access to a world-class team with expertise in component design, tooling, molding processes, and formulation development.
The GLS™ TPE Overmolding Guide is a compilation of more than 25 years of experience in the development, design and processing of overmolding TPEs, based on contributions from a variety of Avient and industry sources.
https://www.avient.com/knowledge-base/article/overmolding-guide?pname[]=91
Thermoplastic Elastomers Knowledge Base
Collaborating with Avient provides access to a world-class team with expertise in component design, tooling, molding processes, and formulation development.
The GLS™ TPE Overmolding Guide is a compilation of more than 25 years of experience in the development, design and processing of overmolding TPEs, based on contributions from a variety of Avient and industry sources.
https://www.avient.com/knowledge-base/article/overmolding-guide
Thermoplastic Elastomers Knowledge Base
Collaborating with Avient provides access to a world-class team with expertise in component design, tooling, molding processes, and formulation development.
The GLS™ TPE Overmolding Guide is a compilation of more than 25 years of experience in the development, design and processing of overmolding TPEs, based on contributions from a variety of Avient and industry sources.
https://www.avient.com/knowledge-base/article/overmolding-guide?rtype[]=1164
Thermoplastic Elastomers Knowledge Base
Collaborating with Avient provides access to a world-class team with expertise in component design, tooling, molding processes, and formulation development.
The GLS™ TPE Overmolding Guide is a compilation of more than 25 years of experience in the development, design and processing of overmolding TPEs, based on contributions from a variety of Avient and industry sources.