Cabot Corporation has been honored with the prestigious title of “Public Company Board of the Year” for 2025 by the National Association of Corporate Directors (NACD) New England Chapter. This award recognizes outstanding leadership and governance among corporate boards across New England. Michael Morrow, Cabot’s Chairman, and Sean Keohane, President and CEO of Cabot, will accept the award on behalf of the company during the NACD New England Chapter’s 17th Annual Celebration, which is set to take place on April 28, 2025, at the Seaport Hotel in Boston.
The recognition acknowledges the Cabot Board’s exceptional role in providing strategic oversight and governance that have contributed to the company’s long-term growth, innovation, and commitment to delivering value to shareholders.
“We are deeply honored to be recognized by the National Association of Corporate Directors New England for our Board’s leadership,” said Michael Morrow, Chairman of the Board at Cabot Corporation. “The NACD’s recognition underscores the success of our governance practices in helping guide the company towards achieving its long-term goals. Our board’s diverse skill set and experience in areas like sustainability, global operations, and technology innovation are vital in driving the execution of Cabot’s ‘Creating for Tomorrow’ strategy. This award is not just a reflection of our governance, but also a recognition of our strong commitment to growth, sustainability, and delivering lasting value for all stakeholders.”
Cabot’s corporate leadership is well-supported by a board that includes individuals with vast experience in key areas such as international operations, sustainability, and advancing chemical technology. These collective strengths enable the company to stay ahead in an ever-evolving global market while remaining firmly committed to delivering on its long-term strategic objectives.
Sean Keohane, President and CEO of Cabot, expressed his pride in the board’s achievements, noting the significant impact their leadership has had on the company’s trajectory. “This recognition is a testament to the invaluable guidance provided by our board,” said Keohane. “They have played a crucial role in ensuring that Cabot not only experiences strong financial performance but also maintains its dedication to safety, health, environmental protection, and sustainability. Their strategic oversight has been essential as we navigate an increasingly complex global landscape and work toward innovation that aligns with our core values and our long-term vision for the company’s success.”
The NACD New England chapter, which has been recognizing excellence in corporate governance for over 17 years, highlighted Cabot’s unwavering commitment to both innovation and sustainable business practices. Cabot Corporation has a rich history of over 140 years of industry leadership, and its continuous focus on advancing technology while ensuring safety, environmental responsibility, and stakeholder value has earned the board special recognition.
Beth Boland, Chair of NACD New England and a senior partner at the law firm Foley & Lardner, praised Cabot for its exemplary governance. “The NACD New England’s Director of the Year selection panel was particularly impressed by Cabot’s ongoing commitment to innovation, which has been a cornerstone of their success for over 140 years,” Boland said. “Additionally, Cabot’s dedication to balancing strong financial performance with sustainability goals and the well-being of all stakeholders is a model for best practices in corporate governance. This recognition reflects how the company integrates its growth strategy with positive outcomes for shareholders and the broader community.”
This recognition not only highlights the effectiveness of Cabot’s governance but also emphasizes the company’s focus on maintaining a balance between business growth, environmental stewardship, and societal impact. The board’s leadership has been instrumental in guiding the company through a period of strong financial performance while ensuring that its commitments to safety, sustainability, and innovation continue to be prioritized.
Looking ahead, Cabot’s leadership team, with the continued support of its Board of Directors, is poised to build on the company’s legacy and take on new challenges in a rapidly changing global market. The award is a reflection of their steadfast commitment to making a positive impact, positioning Cabot for sustained growth and long-term success.
With this recognition, Cabot stands as a leader in corporate governance, providing a model for other companies to follow as they strive to meet the evolving demands of shareholders, employees, and communities worldwide.
