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Cabot Announces Leadership Transition with New EVP Appointment

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Cabot Announces Leadership Transition with New EVP Appointment

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The latest update is out from Cabot ( (CBT) ).

On May 30, 2025, Cabot Corporation announced that Hobart C. Kalkstein, Executive Vice President and President of the Reinforcement Materials Segment, will step down from his roles effective June 15, 2025, and retire on January 5, 2026. Matthew Wood, currently a Senior Vice President, will succeed Kalkstein. Kalkstein will remain in an advisory role to ensure a smooth transition. The company has entered into a transition agreement with Kalkstein, extending the exercise period of his stock options and providing compensation during a non-competition period. Kalkstein’s leadership has been pivotal in strengthening Cabot’s position in the tire industry and developing its EVOLVE® Sustainable Solutions technology platform. Wood brings extensive experience and is expected to drive growth in his new role.

The most recent analyst rating on (CBT) stock is a Sell with a $105.00 price target. To see the full list of analyst forecasts on Cabot stock, see the CBT Stock Forecast page.

Spark’s Take on CBT Stock

According to Spark, TipRanks’ AI Analyst, CBT is a Neutral.

Cabot Corporation’s stock is evaluated with a score of 65. The company demonstrates strong financial performance, particularly with profitability and cash flow management, which are significant strengths. However, the technical analysis indicates a bearish trend, and the recent earnings call highlights both achievements and challenges, particularly in global trade. The valuation is attractive due to a low P/E ratio and a solid dividend yield, which supports the overall score.

To see Spark’s full report on CBT stock, click here.

More about Cabot

Cabot Corporation is a global specialty chemicals and performance materials company headquartered in Boston, Massachusetts. The company provides reinforcing carbons, specialty carbons, battery materials, engineered elastomer composites, inkjet colorants, masterbatches and conductive compounds, fumed metal oxides, and aerogel.

Average Trading Volume: 468,774

Technical Sentiment Signal: Hold

Current Market Cap: $3.98B

For an in-depth examination of CBT stock, go to TipRanks’ Stock Analysis page.

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