Cabot Corporation (NYSE: CBT) has announced the retirement of Hobart C. Kalkstein, the Executive Vice President and President of the Reinforcement Materials segment, effective January 5, 2026. In connection with Kalkstein's retirement, Matthew Wood, the current Vice President of Global Marketing and Strategy for the Battery Materials product line, will assume the role of Senior Vice President and President of the Reinforcement Materials segment starting June 15, 2025.
Kalkstein, who joined Cabot in 2005, has been credited with providing tremendous business leadership during his close to 10-year tenure as president of the Reinforcement Materials segment. Under his leadership, the segment delivered strong financial performance, drove operational excellence at manufacturing plants, and strengthened its position as a key supplier to the tire industry. Additionally, Kalkstein played a significant role in developing Cabot's Evolve® sustainable solutions technology platform.
Wood, who joined Cabot from BP, plc in 2010, has held various regional and global commercial, marketing, strategy, operational, and general management roles within Cabot's businesses. He is recognized for his deep commercial and strategy expertise, hands-on operational leadership, and a proven track record as a disciplined and decisive business leader.
Cabot Corporation is a global specialty chemicals and performance materials company headquartered in Boston, Massachusetts. The company is a leading provider of reinforcing carbons, specialty carbons, battery materials, engineered elastomer composites, inkjet colorants, masterbatches and conductive compounds, fumed metal oxides, and aerogel. Following these announcements, the company's shares moved 2.28%, and are now trading at a price of $75.72. For the full picture, make sure to review CABOT CORP's 8-K report.
