Cabot Corporation Announces CEO to Take Medical Leave of Absence
John F. O’Brien, Cabot’s Non-Executive Chairman of the Board, speaking on behalf of the Board of Directors said, “Patrick has the full support of the Board and we wish him a speedy recovery.” Mr. O’Brien added, “While Patrick is recovering, I will be working closely with the CEO Office. We are fortunate to have this group of talented and experienced executive leaders. I am confident that they will ensure the continued execution of the operational objectives that have been set for fiscal 2016 as well as the Company’s strategic initiatives.”
“It is in Cabot’s best interest, and mine, that I focus on my health during my leave of absence,” Prevost commented. “I look forward to fully re-engaging with the business in the near future.”
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in the press release regarding Cabot's business that are not historical facts are forward looking statements that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward looking statements, see “Risk Factors” in the Company’s Annual Report on Form 10-K.
Erica McLaughlin, 617-342-6090
Vanessa Craigie, 617-342-6015