Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-05-15

Avient (AVNT)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$5,818,257
Ashish Khandpur total, FY2025
CEO pay percentile vs peers
85:1
CEO-to-median pay ratio
94.79%
Say-on-pay support, latest vote
Companies that benchmark against AVNT
12 companies name AVNT as a compensation peer

Each company listed discloses AVNT in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named AVNT in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Ashish Khandpur$1,128,269$0$3,763,159$0$753,777$0$173,052$5,818,257
Chairman, President and Chief Executive Officer
Jamie Beggs617,1540692,7200296,092080,5341,686,500
Senior Vice President, Chief Financial Officer
Joel Rathbun80,3850318,2980001,186,6701,585,353
Former Senior Vice President, Mergers and Acquisitions
Woon Moh522,6960468,1490112,2350416,9601,520,040
Senior Vice President, President of Color, Additives and Inks
M. John Midea513,0580436,7640212,241070,9701,233,033
Former Senior Vice President, Global Operations and Process Improvement
David Schneider143,654100,000526,260027,9020250,2801,048,096
Senior Vice President, President of Specialty Engineered Materials

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Ashish Khandpur$5,818,257
Jamie Beggs1,686,500
Joel Rathbun1,585,353
Woon Moh1,520,040
M. John Midea1,233,033
David Schneider1,048,096

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Jamie BeggsPSU2025-02-19109,890219,780439,560$248,351
Ashish KhandpurPSU2025-03-0452,173104,346208,692117,911
Woon MohRSU2025-02-196,840300,344
Ashish KhandpurRSU2025-02-1950,4102,213,503
Ashish KhandpurPSU2025-02-19547,8171,095,6332,191,2661,238,065
Ashish KhandpurRSU2025-03-044,800193,680
Jamie BeggsRSU2025-02-1910,120444,369
Woon MohPSU2025-02-1974,250148,500297,000167,805
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Jamie Beggs$444,369$248,351$035.9%
Ashish Khandpur2,407,1831,355,976036.0%
Woon Moh300,344167,805035.8%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Ashish KhandpurPSU74,936$2,341,001
Jamie BeggsRSU10,458326,708
Jamie BeggsRSU10,440326,146
Woon MohPSU4,236132,333
David SchneiderPSU14,231444,576
Jamie BeggsPSU8,409262,697
M. John MideaOption10,00041.89
M. John MideaOption19,25042.27
M. John MideaOption10,42739.27
M. John MideaOption15,65052.64
Ashish KhandpurRSU43,5061,359,127
Ashish KhandpurRSU51,9991,624,449
Ashish KhandpurRSU4,954154,763
Woon MohRSU5,705178,224
Woon MohRSU7,057220,461
M. John MideaOption5,87142.93
05

Incentive-plan design — the Compensation Discussion & Analysis

Our executive compensation programs reward our officers performance, are specifically linked to our achievement of strategic operating and financial goals, and are designed to be competitive in the marketplace. We reward our executives for performance that meets or exceeds our strategic goals, without encouraging excessive risk-taking that could have a detrimental impact on our long-term results and the interests of our shareholders.

CEO STI target (% of salary)130%
CEO LTI target (% of salary)
Independent consultantPearl Meyer
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-1480,935,9724,446,64475,82294.79%Passed
20252025-05-1480,322,5836,185,143140,41692.85%Passed
20242024-05-1682,802,5942,974,388124,42396.53%Passed
20232023-05-1176,401,6594,392,139244,46294.56%Passed
20222022-05-1280,108,1631,789,352303,53197.82%Passed
20212021-05-1381,240,7212,886,145486,51796.57%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-1494.79%a
20252025-05-1492.85%b
20242024-05-1696.53%c

a. Approved under the standard stated in the filing — “An abstention or broker non-vote will have no effect on this proposal as the abstention or broker non-vote will not be counted in determining the number of votes cast.”.

b. Approved under the standard stated in the filing — “An abstention or broker non-vote will have no effect on this proposal as the abstention or broker non-vote will not be counted in determining the number of votes cast.”.

c. Approved under the standard stated in the filing — “An abstention or broker non-vote will have no effect on this proposal as the abstention or broker non-vote will not be counted in determining the number of votes cast.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)85 : 1
CEO total compensation$5,818,257
Median employee compensation$68,829
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Richard H. FearonIndependent · Lead Independent Director · Audit · Governance and Corporate Responsibility (Chair)$200,000$155,538$0$0$0$355,538
Kerry J. PreeteIndependent · Audit (Chair) · Compensation and Talent130,000155,538000285,538
William A. WulfsohnIndependent · Innovation and Sustainability (Chair) · Governance and Corporate Responsibility125,625155,538000281,163
Kim Ann MinkIndependent · Compensation and Talent · Governance and Corporate Responsibility (Chair)122,500155,538000278,038
William R. JellisonIndependent · Audit · Compensation and Talent119,375155,538000274,913
Gregory J. GoffIndependent · Audit · Governance and Corporate Responsibility · Not standing for re-election117,500155,538000273,038
Neil GreenIndependent · Audit · Innovation and Sustainability110,000155,538000265,538
Patricia VerduinIndependent · Audit · Innovation and Sustainability110,000155,538000265,538
Robert E. AbernathyIndependent · Audit · Compensation and Talent110,000155,538000265,538
Sandra Beach LinIndependent · Compensation and Talent · Innovation and Sustainability110,000155,538000265,538
Ernest NicolasIndependent · Audit · Innovation and Sustainability110,000155,538000265,538
Ashish K. KhandpurEmployee director · Board Chair00000
09

Board fee structure and ownership guideline

Annual cash retainer$110,000
Annual equity retainer$155,000
Per board meeting fee$0
Committee chair fees (audit / comp / nom-gov)
Stock ownership guideline5x cash retainer
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,365,000
Equity awards (grant-date value)$1,710,918
All other compensation$0
Total cost of the board$3,075,918

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Avient names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Avient.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Eastman Chemical Company2025Mark Costa$1,406,958$12,682,200$3,278,151$987,000$19,498,966
2The Scotts Miracle-Gro Company2025James Hagedorn1,200,0003,050,9502,805,8953,796,81512,299,261
3FMC Corporation2025Pierre Brondeau1,334,1256,257,9192,373,4201,798,26112,038,391
4RPM International Inc.2025Frank Sullivan1,100,0005,494,5212,653,4181,513,00011,158,125
5Celanese Corporation2025Scott Richardson5,249,9582,249,9901,342,62510,137,072
6Avery Dennison Corporation2025Deon Stander1,136,5387,649,4300605,4759,538,375
7Cabot Corporation2025Sean Keohane1,100,0004,224,8472,274,9251,402,5019,307,883
8The Chemours Company2025Denise Dignam1,058,8363,368,2252,909,6771,175,7818,595,076
9Ashland Global Holdings Inc.2025Guillermo Novo1,152,3325,233,86301,313,8307,907,423
10Hexcel Corporation2025Thomas Gentile III1,100,0003,374,9611,685,259923,2307,252,875
11Avient2025Ashish Khandpur1,128,2693,763,1590753,7775,818,257
Sensient Technologies Corporationnot in coverage universe
H.B. Fuller Companynot in coverage universe
Quaker Chemical Corporationnot in coverage universe
Stepan Companynot in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Avient51.6%Cash LTI 60 · RSU 40Yes — Total Shareholder Return Relative to Peer Group (rTSR)Pearl Meyer
Ashland Global Holdings Inc.90.4%not disclosedYes — Relative Total Shareholder Return (rTSR)Meridian Compensation Partners
Avery Dennison Corporation39%PSU 100Yes — Relative TSRWillis Towers Watson (WTW) and Semler Brossy
Cabot Corporation90%PSU 35 · Options 35 · RSU 30NoMeridian Compensation Partners
Celanese Corporation93.4%PSU 70 · Options 30NoWillis Towers Watson PLC
Eastman Chemical Company47%PSA 60 · Option 20 · RSU 20Yes — Relative total shareholder return (rTSR)Aon plc
FMC Corporation89.1%PSU 50 · Options 30 · RSU 20YesAon plc
H.B. Fuller Companynot disclosednot disclosednot disclosednot disclosed
Hexcel Corporation76.3%not disclosedNoSemler Brossy
Quaker Chemical Corporationnot disclosednot disclosednot disclosednot disclosed
RPM International Inc.110%not disclosedNoWillis Towers Watson
Sensient Technologies Corporationnot disclosednot disclosednot disclosednot disclosed
Stepan Companynot disclosednot disclosednot disclosednot disclosed
The Chemours Companynot disclosedOptions 50 · PSU 25 · RSU 25Yes — Relative Total Shareholder Return (rTSR)Farient Advisors
The Scotts Miracle-Gro Company165.8%PSU 50 · Options 50Yes — Absolute TSR (aTSR)Frederic W. Cook & Co., Inc.

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Ashish KhandpurDEF 14A2026-03-270001628280-26-021576Section “2025 Summary Compensation Table” · page 64. As printed: 5,818,257. Filing ↗machine: t45 · r2 · c8 · span 748439–748448
2Section 01, Jamie BeggsDEF 14A2026-03-270001628280-26-021576Section “2025 Summary Compensation Table” · page 64. As printed: 1,686,500. Filing ↗machine: r5 · c24 · span 756015–756024
3Section 01, Joel RathbunDEF 14A2026-03-270001628280-26-021576Section “2025 Summary Compensation Table” · page 64. As printed: 1,585,353. Filing ↗machine: r13 · c24 · span 777283–777292
4Section 01, Woon MohDEF 14A2026-03-270001628280-26-021576Section “2025 Summary Compensation Table” · page 64. As printed: 1,520,040. Filing ↗machine: r8 · c24 · span 763900–763909
5Section 01, M. John MideaDEF 14A2026-03-270001628280-26-021576Section “2025 Summary Compensation Table” · page 64. As printed: 1,233,033. Filing ↗machine: r9 · c24 · span 766654–766663
6Section 01, David SchneiderDEF 14A2026-03-270001628280-26-021576Section “2025 Summary Compensation Table” · page 64. As printed: 1,048,096. Filing ↗machine: r12 · c24 · span 774361–774370
7Section 03, Jamie Beggs PSUDEF 14A2026-03-270001628280-26-021576Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t48 · r9 · c8 · span 856923–856930
8Section 03, Ashish Khandpur PSUDEF 14A2026-03-270001628280-26-021576Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t48 · r5 · c8 · span 843834–843841
9Section 03, Woon Moh RSUDEF 14A2026-03-270001628280-26-021576Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t48 · r13 · c8 · span 870632–870639
10Section 03, Ashish Khandpur RSUDEF 14A2026-03-270001628280-26-021576Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t48 · r6 · c8 · span 846917–846926
11Section 03, Ashish Khandpur PSUDEF 14A2026-03-270001628280-26-021576Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t48 · r4 · c8 · span 839852–839861
12Section 03, Ashish Khandpur RSUDEF 14A2026-03-270001628280-26-021576Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t48 · r7 · c8 · span 849818–849825
13Section 03, Jamie Beggs RSUDEF 14A2026-03-270001628280-26-021576Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t48 · r10 · c8 · span 860231–860238
14Section 03, Woon Moh PSUDEF 14A2026-03-270001628280-26-021576Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t48 · r12 · c8 · span 867550–867557
15Section 07, pay ratioDEF 14A2026-03-270001628280-26-021576Section “CEO Pay Ratio”. As printed: 85 : 1. Filing ↗
16Section 08, Richard H. FearonDEF 14A2026-03-270001628280-26-021576Section “Director Compensation”. As printed: 355,538. Filing ↗machine: t31 · r3 · c3 · span 455898–455905
17Section 08, Kerry J. PreeteDEF 14A2026-03-270001628280-26-021576Section “Director Compensation”. As printed: 285,538. Filing ↗machine: t31 · r10 · c3 · span 464583–464590
18Section 08, William A. WulfsohnDEF 14A2026-03-270001628280-26-021576Section “Director Compensation”. As printed: 281,163. Filing ↗machine: t31 · r12 · c3 · span 467090–467097
19Section 08, Kim Ann MinkDEF 14A2026-03-270001628280-26-021576Section “Director Compensation”. As printed: 278,038. Filing ↗machine: t31 · r8 · c3 · span 462021–462028
20Section 08, William R. JellisonDEF 14A2026-03-270001628280-26-021576Section “Director Compensation”. As printed: 274,913. Filing ↗machine: t31 · r6 · c3 · span 459648–459655
21Section 08, Gregory J. GoffDEF 14A2026-03-270001628280-26-021576Section “Director Compensation”. As printed: 273,038. Filing ↗machine: t31 · r4 · c3 · span 457085–457092
22Section 08, Neil GreenDEF 14A2026-03-270001628280-26-021576Section “Director Compensation”. As printed: 265,538. Filing ↗machine: t31 · r5 · c3 · span 458272–458279
23Section 08, Patricia VerduinDEF 14A2026-03-270001628280-26-021576Section “Director Compensation”. As printed: 265,538. Filing ↗machine: t31 · r11 · c3 · span 465771–465778
24Section 08, Robert E. AbernathyDEF 14A2026-03-270001628280-26-021576Section “Director Compensation”. As printed: 265,538. Filing ↗machine: t31 · r2 · c3 · span 454524–454531
25Section 08, Sandra Beach LinDEF 14A2026-03-270001628280-26-021576Section “Director Compensation”. As printed: 265,538. Filing ↗machine: t31 · r7 · c3 · span 460834–460841
26Section 08, Ernest NicolasDEF 14A2026-03-270001628280-26-021576Section “Director Compensation”. As printed: 265,538. Filing ↗machine: t31 · r9 · c3 · span 463394–463401
27Section 08, Ashish K. KhandpurDEF 14A2026-03-270001628280-26-021576Section “Director Compensation”. As printed: 0. Filing ↗
28Section 06, 2026 voteForm 8-K2026-05-150001122976-26-000097Item 5.07 · say-on-pay result. As reported: 94.79% (votes for as printed: 80,935,972). Filing ↗
29Section 06, 2025 voteForm 8-K2025-05-150001122976-25-000032Item 5.07 · say-on-pay result. As reported: 92.85% (votes for as printed: 80,322,583). Filing ↗
30Section 06, 2024 voteForm 8-K2024-05-200001122976-24-000036Item 5.07 · say-on-pay result. As reported: 96.53% (votes for as printed: 82,802,594). Filing ↗
31Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
32Section 09b board cost (computed)ComputedcomputedCash 1,365,000 + equity 1,710,918 + all other 0 = 3,075,918, summed across the director compensation table rows.machine: formula: Σ = 3,075,918
33Eastman Chemical Company, Section 10b CEO totalDEF 14A2026-03-240000915389-26-000074CEO total compensation as printed in Eastman Chemical Company's own proxy. As printed: 19,498,966. Filing ↗machine: r2 · c27 · span 1263333–1263343
34The Scotts Miracle-Gro Company, Section 10b CEO totalDEF 14A2025-12-170000825542-25-000029CEO total compensation as printed in The Scotts Miracle-Gro Company's own proxy. As printed: 12,299,261. Filing ↗machine: r13 · c54 · span 627371–627381
35FMC Corporation, Section 10b CEO totalDEF 14A2026-03-130001308179-26-000056CEO total compensation as printed in FMC Corporation's own proxy. As printed: 12,038,391. Filing ↗machine: r1 · c18 · span 737212–737222
36RPM International Inc., Section 10b CEO totalDEF 14A2025-08-210001193125-25-185345CEO total compensation as printed in RPM International Inc.'s own proxy. As printed: 11,158,125. Filing ↗machine: r4 · c35 · span 833989–833999
37Celanese Corporation, Section 10b CEO totalDEF 14A2026-03-040001306830-26-000052CEO total compensation as printed in Celanese Corporation's own proxy. As printed: 10,137,072. Filing ↗
38Avery Dennison Corporation, Section 10b CEO totalDEF 14A2026-03-120001193125-26-102965CEO total compensation as printed in Avery Dennison Corporation's own proxy. As printed: 9,538,375. Filing ↗machine: span 1488950–1488959
39Cabot Corporation, Section 10b CEO totalDEF 14A2026-01-270001193125-26-023681CEO total compensation as printed in Cabot Corporation's own proxy. As printed: 9,307,883. Filing ↗machine: r3 · c39 · span 853934–853943
40The Chemours Company, Section 10b CEO totalDEF 14A2026-03-100001104659-26-025935CEO total compensation as printed in The Chemours Company's own proxy. As printed: 8,595,076. Filing ↗machine: r1 · c55 · span 1531474–1531483
41Ashland Global Holdings Inc., Section 10b CEO totalDEF 14A2025-12-090001193125-25-312753CEO total compensation as printed in Ashland Global Holdings Inc.'s own proxy. As printed: 7,907,423. Filing ↗machine: t125 · r3 · c21 · span 2021429–2021438
42Hexcel Corporation, Section 10b CEO totalDEF 14A2026-04-010001193125-26-135884CEO total compensation as printed in Hexcel Corporation's own proxy. As printed: 7,252,875. Filing ↗machine: t152 · r2 · c40 · span 2524687–2524696
43Avient (subject), Section 10b CEO totalDEF 14A2026-03-270001628280-26-021576CEO total compensation as printed in Avient's own proxy. As printed: 5,818,257. Filing ↗machine: t45 · r2 · c8 · span 748439–748448
44Section 10a, Avery Dennison Corporation reciprocityDEF 14A0001193125-26-102965Avery Dennison Corporation names Avient in its own disclosed peer group (read from its most recent proxy). Filing ↗
45Section 10a, Eastman Chemical Company reciprocityDEF 14A0000915389-26-000074Eastman Chemical Company's most recent proxy was read; its disclosed peer group does not include Avient. Filing ↗
46Section 10a, FMC Corporation reciprocityDEF 14A0001308179-26-000056FMC Corporation names Avient in its own disclosed peer group (read from its most recent proxy). Filing ↗
47Section 10a, RPM International Inc. reciprocityDEF 14A0001193125-25-185345RPM International Inc. names Avient in its own disclosed peer group (read from its most recent proxy). Filing ↗
48Section 10a, Hexcel Corporation reciprocityDEF 14A0001193125-26-135884Hexcel Corporation's most recent proxy was read; its disclosed peer group does not include Avient. Filing ↗
49Section 10a, Celanese Corporation reciprocityDEF 14A0001306830-26-000052Celanese Corporation's most recent proxy was read; its disclosed peer group does not include Avient. Filing ↗
50Section 10a, The Chemours Company reciprocityDEF 14A0001104659-26-025935The Chemours Company names Avient in its own disclosed peer group (read from its most recent proxy). Filing ↗
51Section 10a, Cabot Corporation reciprocityDEF 14A0001193125-26-023681Cabot Corporation names Avient in its own disclosed peer group (read from its most recent proxy). Filing ↗