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Cabot names Steven Delahunt interim CFO from Oct. 1

Cabot Corporation named long-time Treasurer Steve Delahunt as interim CFO effective October 1, 2026, as part of its broader leadership transition.

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(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Cabot Corporation (CBT) reported that its Board of Directors elected Steven J. Delahunt, currently Vice President and Corporate Treasurer, to serve as interim Chief Financial Officer, effective October 1, 2026. He replaces Erica McLaughlin in the CFO role as she becomes President and Chief Executive Officer on that same date.

Delahunt has been Cabot’s Vice President and Treasurer since 2010 and also served as Vice President of Investor Relations from July 2016 through January 2026. While serving as interim CFO, he will receive an additional cash stipend of $35,000 per month. The company states there is no arrangement with any other person pursuant to which he was appointed and no related-party transactions requiring disclosure. Cabot furnished a press release dated September 15, 2026 describing the management transition and reiterating that the search for a permanent Chief Financial Officer is ongoing.

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Interim CFO stipend $35,000 per month Additional cash stipend to Steve Delahunt while serving as interim CFO
Interim CFO effective date October 1, 2026 Effective date for Steve Delahunt’s appointment as interim Chief Financial Officer
Press release date September 15, 2026 Date Cabot issued the press release announcing the interim CFO appointment
Treasurer tenure start 2010 Year Steve Delahunt joined Cabot as Vice President and Treasurer
Investor Relations leadership period July 2016–January 2026 Period during which Steve Delahunt also served as Vice President of Investor Relations
interim Chief Financial Officer financial
"appointed Steve Delahunt, Vice President and Corporate Treasurer, to serve as Chief Financial Officer on an interim basis"
An interim chief financial officer is a temporary leader responsible for managing a company's financial activities, such as budgeting, financial planning, and reporting, during a transitional period. Think of it as filling in for a key manager until a permanent replacement is found. For investors, this role is important because it ensures financial stability and clear guidance during times of change or uncertainty.
capital markets strategy financial
"responsible for the Company’s global treasury activities, capital markets strategy, liquidity management"
liquidity management financial
"responsible for the Company’s global treasury activities, capital markets strategy, liquidity management"
Liquidity management is how a company controls its cash and easily sold assets so it can pay bills, meet payroll, cover unexpected costs and seize opportunities without selling important investments at a loss. Think of it like a household balancing checking, savings and a credit card to handle daily expenses and emergencies; for investors, good liquidity management lowers the chance of a cash crunch, reduces borrowing costs and signals financial stability.
risk management financial
"global treasury activities, capital markets strategy, liquidity management, banking relationships, risk management"
Risk management is the ongoing process of identifying potential events or conditions that could reduce an investment’s value, measuring how likely and how severe those losses could be, and putting controls in place to limit harm—like spreading money across different assets, setting loss limits, or buying insurance. For investors it matters because it turns uncertainty into a manageable plan, helping preserve capital and steady returns much like a seatbelt or a spare tire reduces the downside of unexpected problems.
forward-looking statements regulatory
"This press release contains forward-looking statements"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What leadership change did Cabot Corporation (CBT) announce in this 8-K?

Cabot Corporation announced that Steven J. Delahunt, currently Vice President and Corporate Treasurer, will become interim Chief Financial Officer effective October 1, 2026, succeeding Erica McLaughlin, who will become President and Chief Executive Officer on that date.

When will Steve Delahunt begin serving as interim CFO of Cabot (CBT)?

Steve Delahunt will begin serving as interim Chief Financial Officer of Cabot Corporation on October 1, 2026. He will hold the role while the company continues its search process to identify a new, permanent Chief Financial Officer.

What additional compensation will Cabot (CBT) pay Steve Delahunt as interim CFO?

While serving as interim Chief Financial Officer, Steve Delahunt will receive an additional cash stipend of $35,000 per month, on top of his existing compensation as Vice President and Corporate Treasurer.

Why is Cabot’s current CFO, Erica McLaughlin, leaving the CFO role?

Erica McLaughlin, currently Executive Vice President, Chief Financial Officer and Head of Corporate Strategy, will become President and Chief Executive Officer of Cabot on October 1, 2026, succeeding Sean Keohane, and will step down from the Chief Financial Officer position at that time.

What experience does Steve Delahunt bring to the interim CFO role at Cabot (CBT)?

Steve Delahunt has more than 30 years of finance and treasury experience. He joined Cabot in 2010 as Vice President and Treasurer and also served as Vice President of Investor Relations from July 2016 through January 2026, overseeing treasury, capital markets strategy, liquidity, risk management and investor engagement.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
CABOT CORP false 0000016040 0000016040 2026-09-11 2026-09-11
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

 

FORM 8-K

 

 

CURRENT REPORT PURSUANT

TO SECTION 13 OR 15(D)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): September 11, 2026

 

 

CABOT CORPORATION

(Exact Name of Registrant as Specified in Its Charter)

 

 

Delaware

(State or Other Jurisdiction of Incorporation)

 

1-5667   04-2271897

(Commission

File Number)

  (IRS Employer
Identification No.)

 

TWO SEAPORT LANE, SUITE 1400,  
BOSTON, Massachusetts   02210-2019
(Address of Principal Executive Offices)   (Zip Code)

(617) 345-0100

(Registrant’s Telephone Number, Including Area Code)

 

(Former Name or Former Address, if Changed Since Last Report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:

 

Title of each class

 

Trading
Symbol(s)

 

Name of each exchange
on which registered

Common Stock, $1 par value per share   CBT   The New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 
 


Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 11, 2026, the Board of Directors elected Steven J. Delahunt, the Company’s Vice President and Treasurer, Chief Financial Officer of the Company, effective October 1, 2026, replacing Erica McLaughlin who, as previously reported, has been elected President and Chief Executive Officer of the Company, effective October 1, 2026. Mr. Delahunt will serve in an interim capacity while the Company continues its search process to identify a new Chief Financial Officer.

Mr. Delahunt joined Cabot in 2010 as Vice President and Treasurer and from July 2016 through January 2026 he also held the position of Vice President of Investor Relations.

While Mr. Delahunt serves as interim Chief Financial Officer, he will receive additional compensation in the form of a monthly cash stipend in the amount of $35,000 per month.

There is no arrangement or understanding between Mr. Delahunt and any other person pursuant to which he was appointed interim Chief Financial Officer. There are no transactions involving Mr. Delahunt requiring disclosure under Item 404(a) of Regulation S-K of the SEC.

 

Item 7.01.

Regulation 7.01 Disclosure.

On September 15, 2026, the Company issued a press release regarding the Company’s management transition. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

The information furnished in this Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any other filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.

 

Item 9.01

Financial Statements and Exhibits

(d) Exhibits

 

99.1    Press release issued by Cabot Corporation on September 15, 2026
104    Cover Page Interactive Data File (embedded within the Inline XBRL document)


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

CABOT CORPORATION
By:  

/s/ Karen A. Kalita

Name:   Karen A. Kalita
Title:   Senior Vice President and General Counsel

Date: September 15, 2026

Exhibit 99.1

 

LOGO

Cabot Corporation Appoints Steve Delahunt as Interim Chief Financial Officer

BOSTON – Sept. 15, 2026Cabot Corporation (NYSE: CBT) today announced that it has appointed Steve Delahunt, Vice President and Corporate Treasurer, to serve as Chief Financial Officer on an interim basis, effective October 1, 2026. Delahunt will serve in the role while the company continues its search process for a new Chief Financial Officer.

As previously announced, Erica McLaughlin, currently Executive Vice President, Chief Financial Officer and Head of Corporate Strategy, has been elected President and Chief Executive Officer of Cabot, effective October 1, 2026, succeeding Sean Keohane. McLaughlin will step down from her position as Chief Financial Officer at that time.

“Steve is a highly respected finance leader with deep knowledge of our business, strong relationships across our global organization and a proven track record of disciplined financial leadership,” said Erica McLaughlin, incoming President and Chief Executive Officer. “As we continue executing our strategy and building on our strong financial position, Steve’s experience, judgment and understanding of our business make him exceptionally well suited to lead our finance organization while the Company conducts its search for our next Chief Financial Officer.”

Delahunt has more than 30 years of finance and treasury experience and in the last nine years until January 2026 also led Cabot’s investor relations function. As Corporate Treasurer, he is responsible for the Company’s global treasury activities, capital markets strategy, liquidity management, banking relationships, risk management and pension investment oversight. Over his tenure at Cabot, he has played an integral role in the Company’s capital allocation strategy, financing activities, investor engagement and execution of strategic growth initiatives. As Vice President of investor relations, Delahunt strengthened the Company’s engagement with shareholders and the investment community.

ABOUT CABOT CORPORATION

Cabot Corporation (NYSE: CBT) is a global specialty chemicals and performance materials company headquartered in Boston, Massachusetts. The company is a leading provider of reinforcing carbonsspecialty carbonsbattery materialsengineered elastomer compositesinkjet colorantsmasterbatches and conductive compoundsfumed metal oxides and aerogel. For more information on Cabot, please visit the company’s website at cabotcorp.com.

Forward-Looking Statements: This press release contains forward-looking statements. All statements that address expectations or projections about the future, including with respect to the planned leadership transition and expectations for future performance, growth and value creation for stockholders, are forward-looking statements. These statements are not guarantees of future performance and are subject to risks, uncertainties, potentially inaccurate assumptions, and other factors, some of which are beyond our control and difficult to predict. If known or unknown risks materialize, or should underlying assumptions prove inaccurate, our actual results could differ materially


from past results and from those expressed or implied by forward-looking statements. Important factors that could cause our results to differ materially from those expressed or implied in the forward-looking statements include, but are not limited to: the inherent uncertainty of management transitions and the ability of the Company to successfully execute its planned leadership transition; industry capacity utilization and competition from other specialty chemical companies; safety, health and environmental requirements and related constraints imposed on our business; regulatory and financial risks related to climate change developments; volatility in the price and availability of energy and raw materials; negative or uncertain worldwide or regional economic conditions and market opportunities, including from trade relations, global health matters or geo-political conflicts; failure to achieve growth expectations from new products, applications and technology developments; failure to realize benefits from acquisitions, alliances, or joint ventures or achieve our portfolio management objectives; litigation or legal proceedings; interest rates, tax rates, currency exchange controls, tariffs and fluctuations in foreign currency rates; and other risks and uncertainties described in the reports we file with the Securities and Exchange Commission (“SEC”). These factors are discussed more fully in the reports we file with the SEC, particularly under the heading “Risk Factors” in our annual report on Form 10-K for our fiscal year ended September 30, 2025, which is filed with the SEC and available at www.sec.gov. We assume no obligation to provide revisions to any forward-looking statements should circumstances change, except as otherwise required by securities and other applicable laws.

 

Contact:    Vanessa Craigie
  

Corporate Communications

   vanessa.craigie@cabotcorp.com
  

(617) 342-6015

  

Robert Rist

   Investor Relations
  

robert.rist@cabotcorp.com

   (617) 342-6374

Filing Exhibits & Attachments

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