AVIENT CORP 8-K

What Happened
Avient Corporation announced that Senior Vice President and Chief Financial Officer Jamie A. Beggs intends to resign as an employee and CFO effective June 1, 2026; the resignation was not due to any disagreement with the company. On April 24, 2026 the Board appointed Giuseppe (Joe) Di Salvo, age 48, as Senior Vice President, Chief Financial Officer, effective June 1, 2026. Mr. Di Salvo will serve as Avient’s principal financial officer and principal accounting officer and previously held roles at Avient including Corporate Controller (2013–2018) and Vice President, Investor Relations (from 2018), with expanded responsibility for Treasury and FP&A beginning in 2019.

Key Details

• Effective date: June 1, 2026 (Beggs’ resignation and Di Salvo’s appointment).
• Base salary: $560,000 per year for Mr. Di Salvo; participation in the Annual Incentive Plan.
• One-time equity: special RSU grant with a grant-date fair value of $220,000, vesting in full three years from grant.
• Other benefits and severance: up to $10,000/year for financial planning/tax prep, standard benefits and long-term incentive participation; if terminated without Cause (and not after a change in control) and agreeing to 2-year non-compete/ non-solicit, Di Salvo is entitled to two years salary continuation, a pro‑rated annual incentive, and two years of medical/dental continuation. A separate Management Continuity Agreement provides enhanced severance (generally two years’ salary, two years’ target incentive, up to two years health/welfare continuation and related payments) if terminated within 24 months after a change in control.

Why It Matters
This is a senior finance leadership change: Avient named an experienced internal executive, which supports continuity in financial reporting, investor relations and treasury/FP&A functions. The disclosed compensation and severance arrangements (notably the $220,000 RSU and potential multi-year severance/benefit obligations) are modest but relevant to executive compensation expense and potential post-termination costs investors track. The filing also notes the resignation was not due to any disagreement, reducing immediate governance or operational concern.