Avient Appoints Ashish Khandpur To Succeed Robert Patterson As President And CEO

RTTNews | 690 dni temu
Avient Appoints Ashish Khandpur To Succeed Robert Patterson As President And CEO

(RTTNews) - Avient Corp. (AVNT), a provider of sustainable material solutions, announced Monday that its Board of Directors has unanimously voted to elect Dr. Ashish Khandpur as President and Chief Executive Officer, effective December 1, 2023.

In connection with this appointment, the Board has elected Richard Fearon, Lead Independent Director, as Non-Executive Chairman of the Board, also effective December 1, 2023.

Robert Patterson will retire from his roles as President and CEO and resign from the Board. He will remain with the Company through May 31, 2024 in an advisory capacity to help facilitate the leadership transition.

Khandpur joins Avient after nearly three decades at 3M, where he began in R&D and technology roles, ultimately ascending to Chief Technology Officer in 2014. He has since led several different 3M businesses, most recently serving as Group President of 3M's Transportation and Electronics Business. He began his career in 1995 at 3M as a senior research engineer.

read more
European Shares Inch Higher In Cautious Trade

European Shares Inch Higher In Cautious Trade

European stocks edged higher on Friday and were on track for their strongest week since May, driven by investor optimism over artificial intelligence and Fed rate cut hopes.
RTTNews | 1g 1 minut temu
Asian Shares Mixed; Hong Kong Stocks Slip On Profit Booking

Asian Shares Mixed; Hong Kong Stocks Slip On Profit Booking

Asian stocks ended mixed in cautious trade on Friday as concerns about a U.S. government shutdown and potential federal job cuts offset excitement around AI as well as expectations of further interest-rate cuts by the U.S. Federal Reserve.
RTTNews | 1g 19 minut temu
European Shares Seen Higher At Open

European Shares Seen Higher At Open

European stocks are likely to open higher on Friday, with renewed optimism around artificial intelligence and Fed rate cut hopes likely to underpin investor sentiment, heading into the weekend.
RTTNews | 4g 51 minut temu
European Economic News Preview: Eurozone Final Composite PMI Due

European Economic News Preview: Eurozone Final Composite PMI Due

Final composite purchasing managers' survey results from the euro area and the UK are due on Friday, headlining a busy day for the European economic news. At 2.45 am ET, France's statistical office INSEE publishes industrial production data for August. Output is forecast to rebound 0.3 percent on a monthly basis, following a 1.1 percent drop in July.
RTTNews | 5g 39 minut temu
Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market moves on Friday, but extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,950 level, with gains in financial and technology stocks partially offset by weakness in mining stocks.
RTTNews | 6g 50 minut temu
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Friday, following the broadly positive cues from Wall Street overnight, with mainland China and South Korean markets closed for holidays. Optimism about the outlook for interest rates and weakening US dollar against major currencies in the region are aiding market sentiment. Asian markets ended mostly higher on Thursday.
RTTNews | 7g 21 minut temu