Cabot Corporation Announces Election of Thierry Vanlancker to Board of Directors
Cabot has announced the election of Thierry Vanlancker to its Board of Directors, effective July 12, 2024. He will also join the Audit Committee. Vanlancker, formerly the CEO of AkzoNobel from 2017 to 2022, brings over 30 years of experience in the chemical sector. His previous roles include President of Fluoroproducts at Chemours and various positions at Dupont. He is currently serving on the boards of SIKA AG, Aliaxis SA, Stahl, and Etex NV, with significant leadership roles in each. Cabot's Non-Executive Chair, Michael M. Morrow, highlighted Vanlancker's extensive expertise in strategy, product development, and sustainability.
- Thierry Vanlancker's election to the Board of Directors, effective July 12, 2024, bringing over 30 years of chemical sector experience.
- Vanlancker's previous leadership roles, including CEO of AkzoNobel, enhance the board's strategic and operational expertise.
- Appointment to the Audit Committee adds robust financial oversight to Cabot
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Michael M. Morrow, Non-Executive Chair of Cabot’s Board of Directors, said, “We are very pleased to welcome Thierry to our Board. Having held various management positions in the chemical sector for more than 30 years, Thierry brings with him extensive global and industrial experience. He possesses in-depth knowledge of strategy, product development, sales, and marketing with specific know-how in chemicals markets and distribution. His strong expertise in the management of international companies, management of differentiated channels to market and in-depth experience with sustainability strategy will further enhance the Board’s depth of expertise and capabilities that are necessary to oversee the Company’s Creating for Tomorrow strategy.”
“I am honored to join the Cabot Board of Directors. Cabot has innovative technologies and many exciting opportunities for growth. I look forward to helping Cabot capitalize on those opportunities and further advance their strategy and objectives in the years to come,” said Mr. Vanlancker.
About Cabot Corporation
Cabot Corporation (NYSE: CBT) is a global specialty chemicals and performance materials company headquartered in
Forward-Looking Statements – This release contains forward-looking statements. All statements that address expectations or projections about the future, including with respect to the Company’s strategy and opportunities for growth, are forward-looking statements. These statements are not guarantees of future performance and are subject to risks, uncertainties, potentially inaccurate assumptions, and other factors, some of which are beyond our control and difficult to predict. If known or unknown risks materialize, or should underlying assumptions prove inaccurate, our actual results could differ materially from past results and from those expressed or implied by forward-looking statements. Important factors that could cause our results to differ materially from those expressed or implied in the forward-looking statements include, but are not limited to, industry capacity utilization and competition from other specialty chemical companies; safety, health and environmental requirements and related constraints imposed on our business; regulatory and financial risks related to climate change developments; volatility in the price and availability of energy and raw materials, including with respect to the Russian invasion of
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Investor Contact:
Steve Delahunt
(617) 342-6255
Source: Cabot Corporation
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