BOSTON--(BUSINESS WIRE)--Jan. 11, 2013--
Cabot
Corporation (NYSE: CBT) appoints Senior Vice President Friedrich von
Gottberg as president of the Purification Solutions Segment. In this
role, von Gottberg is directly responsible for the management of the
Purification Solutions Segment and will report directly to Cabot
President and Chief Executive Officer Patrick Prevost. He will succeed
Ronald Thompson, who previously held that role and has decided to leave
Cabot to pursue other interests.
Von Gottberg joined Cabot in 1997 and has held several key leadership
positions within the company, most recently as senior vice president and
president of the Advanced Technologies Segment – New Business Group.
Prior to his most recent role, von Gottberg held several key management
positions, including global director of R&D and general manager of the
Inkjet Colorants and Aerogel Businesses.
“Fred’s leadership has been instrumental in improving the performance of
our New Business Group over the past several years, growing both
revenues and profitability,” Prevost said. “His experience makes him the
ideal candidate to lead the high-growth and strategically important
Purification Solutions Segment.”
In addition, Cabot announced that Senior Vice President Nicholas Cross
has been appointed president of the Advanced Technologies Segment. Cross
joined Cabot in 2009 as the president of the Europe, Middle East and
Africa (EMEA) region and has been the president of the Specialty Fluids
Business since 2011. In his new role, he will continue to lead the EMEA
region.
Prior to joining Cabot, Cross worked for BP plc for nearly 25 years
where he held senior management roles in BP's chemicals, oil and gas
businesses.
“Nick’s leadership of the EMEA region during the transition to our
regional headquarters in Schaffhausen and of the Specialty Fluids
Business has been essential in delivering key results for Cabot while
maintaining our focus on growth,” Prevost said. “Nick’s significant
management experience makes him an excellent choice to lead the entire
Advanced Technologies Segment.”
About Cabot Corporation
Cabot Corporation (NYSE: CBT) is a global specialty chemicals and
performance materials company, headquartered in Boston, Massachusetts.
The company is the world’s No. 1 producer of rubber
and specialty
carbons, activated
carbon, inkjet
colorants and cesium
formate drilling fluids and has market-leading positions in fumed
silica, aerogel,
and elastomer
composites. For more information on Cabot, please visit the
company’s website at: http://www.cabotcorp.com.
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.
Source: Cabot Corporation
Cabot Corporation
Erica McLaughlin, 617-342-6090
Investor
Relations
or
Vanessa Craigie, 617-342-6015
Corporate
Communications
