Cabot Corporation announced that President and CEO Sean D. Keohane will retire effective September 30, 2026, stepping down from the Board of Directors while remaining in an advisory role through December 31, 2026. The Board elected Executive Vice President Erica McLaughlin as his successor, effective October 1, 2026, appointing her as President and CEO and adding her to the Board. Ms. McLaughlin’s base salary was increased to $910,000 annually with a target short-term incentive award of 120% of base salary for fiscal 2027. The company has initiated a search for a new Chief Financial Officer following Ms. McLaughlin's transition from that role. Cabot Corporation operates in the specialty chemicals and performance materials industry, providing reinforcing carbons, battery materials, and engineered elastomer composites.
