Nov 2, 5:07 PM ET
Cabot reported fiscal fourth-quarter 2026 net sales of $1,009 million, up from $899 million, and diluted EPS of $1.25, up from $0.79. Adjusted EPS fell to $1.61 from $1.70, and full-year adjusted EPS fell to $6.42 from $7.25. The company guided fiscal 2027 Adjusted EPS to $6.15 to $6.75 and said Erica McLaughlin is taking over as CEO.
- Q4 net sales $1,009 million vs. $899 million; diluted EPS $1.25 vs. $0.79; adjusted EPS $1.61 vs. $1.70
- Reinforcement Materials Q4 EBIT fell $32 million to $87 million; Performance Chemicals Q4 EBIT rose $18 million to $60 million
- Fiscal 2027 Adjusted EPS guidance of $6.15 to $6.75, compared with $6.42 for fiscal 2026
- Erica McLaughlin is taking on the role of CEO; company signed a $50 million U.S. Department of Energy grant agreement for battery materials expansion
Read the filing on SEC.gov ↗
Sep 15, 8:59 AM ET
Cabot's board elected Vice President and Treasurer Steven J. Delahunt as Chief Financial Officer, effective October 1, 2026, on an interim basis. Erica McLaughlin, the current CFO, becomes President and Chief Executive Officer on the same date, succeeding Sean Keohane. The company is searching for a permanent CFO, and the filing contains no financial results.
- Delahunt, who joined Cabot in 2010, serves as interim CFO effective October 1, 2026.
- McLaughlin is elected President and CEO effective October 1, 2026, succeeding Sean Keohane.
- Delahunt receives a monthly cash stipend of $35,000 while serving as interim CFO.
- Delahunt was Vice President of Investor Relations from July 2016 through January 2026.
Read the filing on SEC.gov ↗
Aug 3, 4:39 PM ET
Cabot reported fiscal third-quarter 2026 net sales of $982 million, up from $923 million a year earlier, but diluted EPS fell to $0.12 from $1.86 after $1.55 per share of after-tax certain items, mainly restructuring and employee benefit plan termination charges. The company tightened its fiscal 2026 Adjusted EPS guidance to $6.15 to $6.45 from $6.00 to $6.50, and announced that Erica McLaughlin will succeed Sean Keohane as President and CEO effective October 1, 2026.
- Third-quarter net sales rose to $982 million from $923 million; Adjusted EPS was $1.67 versus $1.90 a year earlier.
- Net income attributable to Cabot was $6 million, down from $101 million, after $78 million of certain items in the quarter.
- Fiscal 2026 Adjusted EPS guidance narrowed to $6.15 to $6.45 per share from $6.00 to $6.50.
- Keohane will retire; McLaughlin is elected President, CEO and a Board member effective October 1, 2026.
Read the filing on SEC.gov ↗
Jul 30, 8:35 AM ET
Cabot Corporation said its President and CEO, Sean Keohane, will retire and leave the board effective September 30, 2026. Erica McLaughlin, the company's current CFO, will become President and CEO and join the board effective October 1, 2026, and the company has started a search for a new CFO.
- Keohane remains a non-executive employee through December 31, 2026 under a transition agreement.
- McLaughlin's base salary rises to $910,000 per year effective October 1, 2026.
- Target short-term incentive for McLaughlin rises to 120% of base salary for performance periods beginning in fiscal 2027.
- The filing does not report a financial result for the period; the change is a leadership succession.
Read the filing on SEC.gov ↗
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