Cabot Corporation Announces Executive Resignations, Effective March 12, 2020
January 14, 2020 at 02:47 am IST
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On January 9, 2020, John F. O'Brien and Patrick M. Prevost submitted their resignations from the Board of Directors of Cabot Corporation (Cabot"). Both of their retirements from the Board are effective at Cabot's Annual Meeting of Stockholders to be held on March 12, 2020. Mr. O'Brien, who has served as a director of Cabot since 1990, currently serves as Chair of the Compensation Committee and on the Governance and Nominating Committee and the Executive Committee. Mr. Prevost, who has served as a director since 2008, currently serves on the Safety, Health, Environment and Sustainability Committee.
Cabot Corporation is a global specialty chemicals and performance materials company. The Company operates through two segments: Reinforcement Materials and Performance Chemicals. The Reinforcement Materials segment combines reinforcing carbons, engineered elastomer composites and EVOLVE Sustainable Solutions product. The reinforcing carbons products are used in tires and industrial products. In Performance Chemicals, it designs, manufacture and sell materials that deliver performance in a range of customer applications across the automotive, construction, infrastructure, inkjet printing, electronics, and consumer products sectors and in applications related to the generation, transmission and storage of energy. The Performance Chemicals segment combine specialty carbons, specialty compounds, battery materials, fumed metal oxides, aerogel and inkjet product lines. Its products include Carbon black, specialty carbons, battery materials, fumed silica, aerogel and inkjet colorants.