CABOT CORPORATION (NYSE:CBT) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
(d) At its meeting on July13, 2018, the Board of Directors of Cabot Corporation, based on the recommendation of the Board’s Governance and Nominating Committee, elected Frank “Andy” Wilson a director of Cabot and appointed Mr.Wilson to the Board’s Audit Committee, both effective September13, 2018. Mr.Wilson will serve as a director in the class whose terms expire at the Annual Meeting in 2019.
There is no arrangement or understanding between Mr.Wilson and any other person to which he was selected to become a member of the Board, nor are there any transactions between Mr.Wilson and Cabot or any subsidiary of Cabot that are reportable under Item 404(a) of Regulation S-K.
Mr.Wilson will receive compensation for his service as a non-employee director as described under the heading “Director Compensation” in Cabot’s Proxy Statement for the 2018 Annual Meeting of Stockholders, which description is incorporated herein by reference. As part of such compensation, on September13, 2018, Mr.Wilson will receive shares of Cabot common stock, par value $1.00 per share, having a value as close as possible to $36,667 on such date.
A copy of the press release announcing Mr.Wilson’s election is attached as Exhibit 99.1 to this Current Report on Form 8-K.
| Item 5.02 | Financial Statements and Exhibits |
(d) Exhibits
The following is furnished as an exhibit to this report and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended.
Exhibit Index
CABOT CORP ExhibitEX-99.1 2 d442648dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Contact: Vanessa Craigie Corporate Communications (617) 342-6015 Cabot Corporation Announces Election of Frank Andy Wilson to Board of Directors Boston July 16,…To view the full exhibit click here
About CABOT CORPORATION (NYSE:CBT)
Cabot Corporation is a global specialty chemicals and performance materials company. The Company operates through four business segments: reinforcement materials, performance chemicals, purification solutions and specialty fluids. Reinforcement materials’ rubber grade carbon blacks are used to enhance the physical properties of the systems and applications in which they are incorporated. Its rubber blacks products are used in tires and industrial products. Performance Chemicals consists of two businesses: specialty carbons and formulations business, and metal oxides business. Purification Solutions’ activated carbon products are used for the purification of water, air and pharmaceuticals, among others, as either a colorant or a decolorizing agent in the production of food and beverage applications. Its specialty fluids segment produces and markets cesium formate as a drilling and completion fluid for use in high pressure and high temperature oil and gas well construction.