Cabot Corporation (NYSE: CBT) announced today the election of Thierry Vanlancker to its Board of Directors, effective July 12, 2024. He was also appointed a member of the Audit Committee of the Board, effective the same date.
Before retiring, Mr. Vanlancker served as Chief Executive Officer and a Director of AkzoNobel NV, a multinational paints and coatings company, from 2017 to 2022. Prior to AkzoNobel, he was President of Fluoroproducts and the EMEA region at The Chemours Company, a global provider of performance chemicals, from 2015 to 2016, and held various positions within Dupont from 1988 to 2015.
Mr. Vanlancker has been a member of the Board of Directors of SIKA AG, a Swiss multinational specialty chemical company, since 2019, becoming Chairman of the Board in March 2024. He has also served on the Board of Directors of Aliaxis SA, a manufacturer of plastic piping systems, since 2020, becoming Chairman in 2022, and has been a member of the Board of Directors of Stahl since May 2024, and Etex NV, a building materials manufacturer, since 2021. Mr. Vanlancker holds an MSc in Chemical Engineering from the University of Ghent, Belgium.
Michael M. Morrow, Non-Executive Chair of Cabot’s Board of Directors, stated, “We are very pleased to welcome Thierry to our Board. With over 30 years of management experience in the chemical sector, Thierry brings extensive global and industrial expertise. He has in-depth knowledge of strategy, product development, sales, and marketing in chemical markets and distribution. His experience with international companies and sustainability strategy will enhance the Board’s capabilities necessary to oversee the Company’s Creating for Tomorrow strategy.”
Mr. Vanlancker commented, “I am honored to join the Cabot Board of Directors. Cabot has innovative technologies and many exciting opportunities for growth. I look forward to helping Cabot capitalize on those opportunities and further advance their strategy and objectives in the years to come.
