Avient Names Mike Frank Chief Executive; Reaffirms 2026 Adjusted EPS Guidance
MT newswire2026/10/09 11:4607:46 AM EDT, 10/09/2026 (MT Newswires) -- Avient (AVNT) appointed Mike Frank as president and chief executive officer, effective immediately, the company said Friday. Frank succeeds Ashish Khandpur, who stepped down and will remain in an advisory role through Dec. 31. Richard Fearon, the company's lead independent director, was appointed non-executive chairman of the board. Meanwhile, Avient affirmed its 2026 adjusted EPS guidance of $3.10 to $3.25. Analysts polled by FactSet expect $3.20. The company said it plans to release its Q3 release before the market opens on Nov. 4. Shares of the company fell more than 6% in recent premarket activity Friday. Price: 38.50, Change: -2.48, Percent Change: -6.05
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