Avient Announces Giuseppe (Joe) Di Salvo as Chief Financial Officer
Avient (NYSE: AVNT) announced that Giuseppe (Joe) Di Salvo will become Senior Vice President and Chief Financial Officer, effective June 1, 2026, succeeding Jamie A. Beggs who will leave the company the same day.
Rhea-AI Summary
Avient (NYSE: AVNT) announced that Giuseppe (Joe) Di Salvo will become Senior Vice President and Chief Financial Officer, effective June 1, 2026, succeeding Jamie A. Beggs who will leave the company the same day.
Di Salvo has 25 years of financial experience, including nearly 15 years at Avient across controller, investor relations, treasury, and FP&A roles, and holds a Bachelor of Science in Business Administration and Accounting from The Ohio State University.
Positive
- Internal promotion preserves institutional knowledge
- Giuseppe Di Salvo: nearly 15 years at Avient
- Di Salvo brings 25 years of finance experience
Negative
- Outgoing CFO Jamie A. Beggs leaves on June 1, 2026
- Executive leadership change effective June 1, 2026
Details
News Market Reaction – AVNT
In the Apr 27 session, AVNT declined 1.06%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
- Financial experience
- 25 years
- Mr. Di Salvo’s total financial experience cited in the release
- Tenure at Avient
- nearly 15 years
- Mr. Di Salvo’s experience specifically at Avient
- CFO effective date
- June 1, 2026
- Effective date for Mr. Di Salvo’s promotion to CFO
- Resignation effective date
- June 1, 2026
- Effective date of Ms. Beggs’ resignation as CFO per 8-K
- Severance multiple
- two years of base salary
- Potential lump-sum severance in certain termination scenarios
- Annual incentive coverage
- two years of target annual incentive
- In severance following certain terminations including change in control
- Health benefits duration
- up to two years
- Health and welfare benefits coverage in specified severance cases
- Retirement-plan contributions
- up to one year
- Employer retirement-plan contributions post-termination per agreement
Historical Context
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Scheduled first quarter 2026 earnings release and investor webcast details.
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Announced quarterly cash dividend of $0.275 per share with record date.
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Reported 2025 results with EPS growth, margin expansion, and 2026 guidance.
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Announced timing and access details for Q4 2025 earnings webcast and call.
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Q3 2025 results with mixed sales/EPS but reaffirmed adjusted EPS guidance.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
investor relations financial
financial planning and analysis financial
treasury financial
certified public accountant financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
Mr. Di Salvo brings 25 years of financial experience, including nearly 15 years at Avient, with extensive experience in investor relations, accounting, financial planning and analysis, and treasury. This diverse experience has provided him with a deep understanding of Avient, its businesses, and the financial drivers of value creation at the company.
"We are pleased to promote Joe from within the organization to this important role and to our executive leadership team," said Dr. Ashish K. Khandpur, Chairman, President and Chief Executive Officer of Avient. "Joe's deep institutional knowledge, strong relationships within the company and with our investors, and consistent delivery of results make him exceptionally well suited to lead our finance organization as we execute our strategy. I look forward to continuing to work closely with Joe to deliver value to all our stakeholders."
Mr. Di Salvo served as Avient's Corporate Controller from 2013 to 2018 when he became Vice President, Investor Relations. In 2019, he expanded his responsibility to lead Treasury and Financial Planning and Analysis. Prior to these roles, he held financial positions of increasing responsibility at Avient. Joe began his career as a certified public accountant at Deloitte after graduating from The Ohio State University Fisher College of Business with a Bachelor of Science in Business Administration and Accounting.
"I'm honored to step into this role and energized by the opportunity to drive an even greater impact," said Mr. Di Salvo. "I have deep confidence in Avient and the strategy we are executing, and I look forward to continuing to support the company's long-term growth and success."
About Avient
Our purpose at Avient Corporation (NYSE: AVNT) is to be an innovator of materials solutions that help our customers succeed, while enabling a sustainable world. Our local touch and customer engagement, combined with our global presence, allows us to serve customers with agility. We harness the collective strength of more than 9,000 employees worldwide to collaborate and build on each other's ideas. In doing so, we innovate solutions that help our customers overcome their challenges or capitalize on opportunities provided by the fast-changing world and secular trends. Our expanding portfolio of offerings includes colorants, advanced composites, functional additives, engineered materials, and Dyneema®, the world's strongest fiber™. By intersecting our broad portfolio of technologies with the product roadmaps of our customers, we help create differentiated and high-performance products that make the world better and more sustainable. Visit www.avient.com to learn more.
To access Avient's news library online, please visit www.avient.com/news.
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SOURCE Avient Corporation
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