Avient Corp（AVNT）のニュースとイベントAVNTAvient Corp

Avient Appoints Mike Frank as CEO

Avient announced that its Board of Directors has appointed Mike Frank as President and CEO, effective immediately. Frank, who has served as CEO of UPL Corporation since 2022, succeeds Dr. Ashish Khandpur, who has stepped down from his role and will remain in an advisory capacity through December 31, 2026 to help facilitate a seamless transition. In connection with this appointment, the Board has elected Richard Fearon, Lead Independent Director, as Non-Executive Chairman of the Board.

Avient Declares Quarterly Cash Dividend of 28.25 Cents

The Board of Directors of Avient has declared a quarterly cash dividend of 28.25c per share on the common stock outstanding, representing the sixteenth consecutive annual increase. The 28.25c per share will be paid on January 7, 2027, to stockholders of record on December 11, 2026. On an annualized basis, the dividend will increase from $1.10 to $1.13 per share on the common stock outstanding.

Company Raises FY26 Adjusted EBITDA Guidance to $575M-$603M

Consensus $3.07. Raises FY26 adjusted EBITDA view to $575M-$603M from $555M-$585M. "Our teams once again demonstrated strong operational discipline to manage a volatile business environment while executing our strategy to drive long-term value creation. Supported by our year-to-date results and visibility into third quarter demand, we are increasing our full-year 2026 adjusted EBITDA guidance to $575 to $603 million and adjusted EPS guidance to $3.10 to $3.25, representing 10% to 15% adjusted EPS growth for the year," said Joe Di Salvo, Senior Vice President and Chief Financial Officer.