https://www.avient.com/sites/default/files/2022-03/Avient 2022 Proxy Statement.pdf
He also served as Chairman and
Chief Executive Officer of Andeavor Logistics LP (formerly Tesoro Logistics LP), a
NYSE-listed master limited partnership that owned, operated and developed
crude oil and refined products and logistics assets, from 2011 to 2018.
Preeteʼs
operational foundation, strategic expertise, and global experience are assets to
Avientʼs Board.
In the event of an acquisition during the performance
period, the performance measures (threshold, target, and maximum) would be adjusted to include pro forma figures for the acquired assets for
the remainder of the performance period.
https://www.avient.com/sites/default/files/resources/Investor%2520Presentation%2520Mar19.pdf
1) Special items include charges related to specific strategic initiatives or financial restructuring such as: consolidation of operations; debt extinguishment costs; costs incurred directly in relation to acquisitions or divestitures, including adjustments related to
contingent consideration; employee separation costs resulting from personnel reduction programs, plant realignment costs, executive separation agreements; asset impairments; mark-to-market adjustments associated with actuarial gains and losses on pension
and other post-retirement benefit plans; environmental remediation costs, fines, penalties and related insurance recoveries related to facilities no longer owned or closed in prior years; gains and losses on the divestiture of operating businesses, joint ventures and
equity investments; gains and losses on facility or property sales or disposals; results of litigation, fines or penalties, where such litigation (or action relating to the fines or penalties) arose prior to the commencement of the performance period; one-time, non-
recurring items; and the effect of changes in accounting principles or other such laws or provisions affecting reported results.
https://www.avient.com/sites/default/files/2019-12/Fermium_IR_Deck_12.16.19_for_Website.pdf
1) Special items include charges related to specific strategic initiatives or financial restructuring such as: consolidation of operations; debt extinguishment costs; costs incurred directly in relation to acquisitions or divestitures, including adjustments related to
contingent consideration; employee separation costs resulting from personnel reduction programs, plant realignment costs, executive separation agreements; asset impairments; mark-to-market adjustments associated with actuarial gains and losses on pension
and other post-retirement benefit plans; environmental remediation costs, fines, penalties and related insurance recoveries related to facilities no longer owned or closed in prior years; gains and losses on the divestiture of operating businesses, joint ventures and
equity investments; gains and losses on facility or property sales or disposals; results of litigation, fines or penalties, where such litigation (or action relating to the fines or penalties) arose prior to the commencement of the performance period; one-time, non-
recurring items; and the effect of changes in accounting principles or other such laws or provisions affecting reported results.
https://www.avient.com/sites/default/files/2024-03/Terms and Conditions of Sale for South Africa.pdf
Department of the Treasury’s Office of Foreign Assets
Control, Customs and Excise Act 91 of 1964; the Promotion to
Administrative Justice Act 3 of 2000; the Promotion to Access to
Information Act 2 of 2000 and the International Trade
Administration Act 71 of 2002 ("Trade Control Laws").
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520%25E2%2580%2593%2520Recast%2520Financial%2520Information%2520for%2520Discontinued%2520Operations.pdf
Slide 7 - Summary of Special Items Recast for DSS Divestiture
Reflects special items from continuing operations which include charges related to specific strategic initiatives or financial restructuring such as: consolidation of
operations; debt extinguishment costs; costs incurred directly in relation to acquisitions or divestitures; employee separation costs resulting from personnel reduction
programs, plant realignment costs, executive separation agreements; asset impairments; mark-to-market adjustments associated with actuarial gains and losses on
pension and other post-retirement benefit plans; environmental remediation costs, fines, penalties and related insurance recoveries related to facilities no longer owned
or closed in prior years; gains and losses on the divestiture of operating businesses, joint ventures and equity investments; gains and losses on facility or property sales
or disposals; results of litigation, fines or penalties, where such litigation (or action relating to the fines or penalties) arose prior to the commencement of the performance
period; one-time, non-recurring items; and the effect of changes in accounting principles or other such laws or provisions affecting reported results.
https://www.avient.com/sites/default/files/resources/PolyOne%25202018%2520Proxy%2520Statement.PDF
He is also Chairman and
Chief Executive Officer of Andeavor Logistics LP (formerly
Tesoro Logistics LP), a NYSE-listed master limited partnership
that owns, operates and develops crude oil and refined
products and logistics assets, since April 2011.
Preete’s
operational foundation, strategic expertise, and global
experience are assets to PolyOne’s Board.
Financial and operating statistics for our peer group referenced during 2017 compensation decisions are
summarized below:
Factor
Median Peer Group
Comparator 2016 Financials*
2017 PolyOne
Results
Company Revenue $3.1 billion $3.3 billion
Total Asset Size $4.3 billion $2.7 billion
Employee Numbers 6,200 6,100
* Excludes Axiall Corporation as it was acquired in August 2016 and did not file consolidated financial statements for
2016.
https://www.avient.com/sites/default/files/resources/PolyOne%2520Proxy%2520Statement%25202016.pdf
He is also Chairman and Chief
Executive Officer of Tesoro Logistics LP, a NYSE-listed
master limited partnership that owns, operates and
develops crude oil and refined products and logistics
assets, since April 2011.
Preete’s
operational foundation, strategic expertise, and global
experience are assets to PolyOne’s Board.
Financial and operating statistics for our 2015 peer group are summarized below:
Factor
Median Peer Group
Comparator 2014 Financials
2015 PolyOne
Results
Company Revenue $3.6 billion $3.4 billion
Total Asset Size $4.2 billion $2.6 billion
Employee Numbers 6,200 6,900
The second independent source of data that we used to augment the peer proxy analysis was the Consultant’s
analysis of competitive market data relating to other applicable general industries.
https://www.avient.com/sites/default/files/2020-03/polyone-2019-annual-report.pdf
While the expansive work we’re doing to contribute to the People cornerstone of
sustainability is important, we must ensure our eff orts are continually improving
our culture—most importantly in the eyes of our greatest asset, PolyOne
associates.
https://www.avient.com/sites/default/files/2023-08/Avient General Purchase Conditions.pdf
Supplier shall
further ensure that its information technology
assets and equipment, computers, systems,
networks, hardware, software, websites,
applications, and databases (collectively, “IT
Systems”) perform as required in connection
with the provision of Goods and/or Services
under the Agreement and are free and clear of
all material bugs, errors, defects, Trojan horses,
time bombs, malware and other corruptors.
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for France %28French Translation%29.pdf
Department of the Treasury’s Office of Foreign Assets
Control, le règlement (UE) 2021/821 du Parlement européen et du Conseil du 20 mai 2021 instituant
un régime de l’Union de contrôle des exportations, du courtage, de l’assistance technique, du transit
et des transferts en ce qui concerne les biens à double usage (refonte), et toutes les sanctions
commerciales promulguées par l'UE (« lois sur le contrôle du commerce »).