Avient Board of Directors Appoints Ashish K. Khandpur as Chairman of the Board
Avient Corporation (NYSE: AVNT) has appointed its current President, CEO and Director Dr. Ashish K. Khandpur as Chairman of the Board, effective May 14, 2025. Dr. Khandpur succeeds Richard H. Fearon, who will continue serving on the Board after holding the Chairman position since December 2023.
Under Dr. Khandpur's leadership, Avient has implemented a new strategy focused on innovation and organic growth, which is already showing positive results. The Board's decision reflects their confidence in his ability to create long-term value for stakeholders through continued organic growth and margin expansion initiatives.
Avient Corporation (NYSE: AVNT) ha nominato il suo attuale Presidente, CEO e Direttore, Dr. Ashish K. Khandpur, come Presidente del Consiglio di Amministrazione, con effetto dal 14 maggio 2025. Il Dr. Khandpur succede a Richard H. Fearon, che continuerà a far parte del Consiglio dopo aver ricoperto la carica di Presidente dal dicembre 2023.
Sotto la guida del Dr. Khandpur, Avient ha adottato una nuova strategia incentrata sull'innovazione e sulla crescita organica, che sta già producendo risultati positivi. La decisione del Consiglio riflette la fiducia nella sua capacità di creare valore a lungo termine per gli stakeholder attraverso la crescita organica continua e le iniziative di espansione dei margini.
Avient Corporation (NYSE: AVNT) ha nombrado a su actual Presidente, CEO y Director, Dr. Ashish K. Khandpur, como Presidente de la Junta Directiva, con efecto a partir del 14 de mayo de 2025. El Dr. Khandpur sucede a Richard H. Fearon, quien continuará formando parte de la Junta tras haber ocupado el cargo de Presidente desde diciembre de 2023.
Bajo el liderazgo del Dr. Khandpur, Avient ha implementado una nueva estrategia centrada en la innovación y el crecimiento orgánico, que ya está mostrando resultados positivos. La decisión de la Junta refleja su confianza en su capacidad para generar valor a largo plazo para los interesados mediante un crecimiento orgánico continuo y la expansión de márgenes.
Avient Corporation (NYSE: AVNT)는 현재 사장, CEO 및 이사인 Dr. Ashish K. Khandpur를 2025년 5월 14일부로 이사회 의장으로 임명했습니다. Dr. Khandpur는 2023년 12월부터 의장직을 맡아온 Richard H. Fearon의 뒤를 잇게 되며, Fearon은 계속해서 이사회에 참여할 예정입니다.
Dr. Khandpur의 리더십 아래 Avient는 혁신과 유기적 성장을 중심으로 한 새로운 전략을 실행해 긍정적인 성과를 내고 있습니다. 이사회의 결정은 지속적인 유기적 성장과 마진 확대를 통한 이해관계자에 대한 장기적 가치 창출 능력에 대한 신뢰를 반영합니다.
Avient Corporation (NYSE : AVNT) a nommé son actuel Président, PDG et Directeur, Dr. Ashish K. Khandpur, en tant que Président du Conseil d'administration, à compter du 14 mai 2025. Le Dr Khandpur succède à Richard H. Fearon, qui continuera à siéger au Conseil après avoir occupé le poste de Président depuis décembre 2023.
Sous la direction du Dr Khandpur, Avient a mis en œuvre une nouvelle stratégie axée sur l'innovation et la croissance organique, qui commence déjà à porter ses fruits. La décision du Conseil reflète leur confiance en sa capacité à créer une valeur durable pour les parties prenantes grâce à une croissance organique continue et à des initiatives d'expansion des marges.
Avient Corporation (NYSE: AVNT) hat seinen derzeitigen Präsidenten, CEO und Direktor, Dr. Ashish K. Khandpur, mit Wirkung zum 14. Mai 2025 zum Vorstandsvorsitzenden ernannt. Dr. Khandpur tritt die Nachfolge von Richard H. Fearon an, der seit Dezember 2023 Vorsitzender war und weiterhin im Vorstand tätig sein wird.
Unter der Führung von Dr. Khandpur hat Avient eine neue Strategie umgesetzt, die auf Innovation und organisches Wachstum setzt und bereits positive Ergebnisse zeigt. Die Entscheidung des Vorstands spiegelt das Vertrauen in seine Fähigkeit wider, durch kontinuierliches organisches Wachstum und Margensteigerungsinitiativen langfristigen Wert für die Stakeholder zu schaffen.
- Dr. Khandpur has already demonstrated positive impact through new strategy implementation
- Company is experiencing early positive results from innovation and organic growth initiatives
- Focus on both topline growth and margin expansion indicates comprehensive value creation approach
- None.
Dr. Khandpur succeeds Richard H. Fearon, who had served as Chairman of the Board of Directors since December 2023 and will continue to serve on the Board.
"Since joining Avient, Ashish has made an immediate impact, effectively leading the company in developing and executing a new strategy to amplify innovation and deliver organic growth – the results of which we are already experiencing," said Mr. Fearon. "Ashish's appointment reinforces the Board's confidence in his leadership to generate long-term value creation for Avient stakeholders."
Dr. Khandpur said, "I'm thankful for the Board's confidence and for Rick's recent leadership as Chairman as I began with the company. I look forward to continuing to work with our talented Board and our engaged leadership team to drive our new strategy and deliver ongoing organic growth on the topline with margin expansion on the bottom line."
About Dr. Ashish K. Khandpur
Dr. Khandpur serves as Chairman, President and CEO of Avient Corporation. He began his career in 1995 at 3M as a senior research engineer, thereafter ascending through a career path comprised of a variety of research and engineering roles while based in the
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.
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SOURCE Avient Corporation
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