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Robert M. Patterson, born on November 21, 1983, is the President and CEO of Avient Corporation, a role he has held since May 2014. With a solid background in finance, Patterson began his career in 2002 at Arthur Andersen before...

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Robert M. Patterson

Ex-CEO of Avient

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Basic Materials

Born

November 21, 1983 - 41 years ago

CEO of Avient for

3 years 8 months (Mar 2020 - Dec 2023)

Previous Experience

Executive Vice President and Chief Financial Officer of PolyOne Corporation; Vice President and Treasurer of Novelis, Inc.; Vice President and Chief Financial Officer of Marley Cooling Tower Company.

Holdings

See how much did Robert M. Patterson make over time.

As of late 2023, Robert M. Patterson has had notable fluctuations in his stock holdings at Avient Corporation. His wealth has been closely tied to the performance of the company’s stock, which has seen significant growth during his tenure. In...

Mar 18, 2025

Charitable Transactions

AVNT

5,000 shares

AVNT

Recent Charitable Transactions

AVNT

5,000 shares

AVNT

May 7, 2021

Charity

Insider Trading

See recent insider trades of Robert M. Patterson.

AVNT

$839.59K

AVNT at $34.55/share

Nov 16, 2023

Purchase

AVNT

5,000 shares

AVNT

May 7, 2021

Charity

Compensation History

See how much did Robert M. Patterson make over time.

In 2023, Robert M. Patterson's total compensation at Avient Corporation amounted to about $1,268,752. His base salary made up the bulk at $1,170,000, with additional benefits contributing roughly $118,752. Notably, Patterson did not receive any bonuses or stock grants this year, showing a commitment to long-term performance incentives rather than short-term financial rewards. This structure reflects Avient’s compensation philosophy, which emphasizes aligning executive pay with the success and performance of the company itself. In 2022, his compensation was significantly higher at over $9 million, primarily due to annual incentives and vested stock grants, showing how performance-based pay can fluctuate based on company results and market conditions.

Year

2023

Total Compensation

$1.29M

Salary

$1.17M

Board Justification

The compensation philosophy aligns with company performance, focusing on long-term value creation and retention of key executives.

Bonus

$0.00

Board Justification

No bonus was awarded for 2023 as the focus was on long-term performance incentives.

Other

$118.75K

Board Justification

Other compensation includes contributions to retirement plans and other benefits.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2023 as the focus was on long-term performance incentives.

Performance Metrics

Performance metrics include adjusted earnings per share and operational performance against targets.

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