Dr. Ashish Khandpur became the CEO of Avient Corporation on December 1, 2023, following the retirement of the previous CEO. Before joining Avient, he was with 3M Company for 28 years, where he held various positions, including Group President of...

Current Market Cap

$4.55B

Number of Employees

9.3K

Total Compensation

2023 - 2023

Trending up by 0.00% last year
Showing total compensation for the last 2023 - 2023

Stock

Up by 0.00% last year

Salary

Up by 0.00% last year

Bonus

Up by 0.00% last year

Other

Up by 0.00% last year

Year

2023

Total Compensation

$7.51M

Salary

$104.42K

Board Justification

The compensation philosophy is designed to align executive compensation with company performance and shareholder interests, focusing on attracting, motivating, and retaining talented executives.

Bonus

$1.50M

Board Justification

Sign-on cash payment of $1,500,000 in connection with his service as President and Chief Executive Officer of the Company.

Other

$179.00

Board Justification

Other compensation includes a nominal benefit allowance and limited reimbursement for expenses.

Restricted Stock

$5.90M(141K RSU)

Board Justification

Award of 141,000 RSUs granted on December 1, 2023, which vest ratably over four years from the grant date.

Performance Metrics

Performance metrics include adjusted EPS growth, adjusted operating income, and sustainability objectives.

SEC Filing

From March 27, 2024

Dr. Ashish Khandpur

CEO of Avient

A

Education

Field of Expertise

Technology & Engineering - Engineering

Born

January 1, 1967 - 57 years ago

Is Founder?

No

Current Tenure

0 years 11 months (Dec 2023 - Present)

Previous Experience

Group President of the Transportation & Electronics business group for 3M Company; Executive Vice President, Transportation & Electronics business group at 3M; Executive Vice President, Electronics & Energy business group at 3M; Senior Vice President, Research & Development and Chief Technology Officer at 3M.