Cabot CEO Resigns a Month After Suffering A Stroke

Posted Fri, Apr 15th, 2016


March 2016 \| Phone: 1.866.512.0444
Cabot CEO Resigns Months After Suffering a Stroke Patrick M. Prevost, president and CEO of Cabot Corp, a leading U.S. chemical firm, announced his resignation, citing a stroke that he suffered. "I would love to continue to lead this extraordinary organization," Prevost said, "but while I continue to focus on my recovery, I am unable to devote the time required to be as effective as I would like." Prevost's total compensation last year was $4.95 million and he also owns nearly 300,000 shares of Cabot, worth an estimated $14.5 million. (Read the Full Story Here)
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