CABOT CORP (CBT) Form 8-K — Jul 30, 2026
Cabot Corporation announced that President and CEO Sean Keohane will retire effective September 30, 2026, stepping down from his roles as CEO and Director. The Board has elected Erica McLaughlin, currently Executive Vice President and CFO, to succeed him as President and CEO effective October 1, 2026. In connection with her appointment, McLaughlin's base salary was increased to $910,000 per year, and her target short-term incentive award was set at 120% of her base salary. The company has commenced a search process to identify a new Chief Financial Officer to fill the vacancy created by McLaughlin's promotion.
Key figures
- New CEOBase Salary
- $910,000
- New CEOSTITarget Percent
- 120%
- Retiring CEO Vested Options
- 787447
- Retiring CEO Unvested Options
- 189190
- Retiring CEO Deemed Vested Options
- 83470
Price after filing
Close on the filing date to close N calendar days later (from $88.23). Historical, not a forecast.
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