You are being directed to ZacksTrade, a division of Zacks & Company and licensed broker-dealer. ZacksTrade and Zacks.com are separate but affiliated companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
|No Recent Quote currently available|
My Portfolio Tracker
One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts. Set yours up today.
BOSTON, Jan 11, 2013 (BUSINESS WIRE) -- 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
Copyright Business Wire 2013
As of Monday, 01-07-2013 23:59, the latest Comtex SmarTrendA? Alert,
an automated pattern recognition system, indicated a DOWNTREND on
05-15-2012 for CBT @ $40.55.
For more information on SmarTrend, contact your market data
provider or go to www.mysmartrend.com
SmarTrend is a registered trademark of Comtex News Network, Inc.
Copyright A? 2004-2013 Comtex News Network, Inc. All rights reserved.
Zacks Research is Reported On:
Zacks Investment Research
is an A+ Rated BBB
Copyright 2014 Zacks Investment Research
At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1986 it has nearly tripled the S&P 500 with an average gain of +26% per year. These returns cover a period from 1986-2011 and were examined and attested by Baker Tilly, an independent accounting firm.
Visit performance for information about the performance numbers displayed above.
Real time prices by BATS. Delayed quotes by Sungard.
NYSE and AMEX data is at least 20 minutes delayed. NASDAQ data is at least 15 minutes delayed.