Cabot CFO retires
Tyre business president to take over
Cabot Corporation has announced that Eduardo Cordeiro, executive vice president, chief financial officer (CFO) and president of the Americas Region, will retire from Cabot at the end of 2018. He steps down from these roles effective 15 May 2018 at which time Erica McLaughlin, the company’s vice president of business operations for Cabot’s Reinforcement Materials segment and general manager of the tyre business, will become senior vice president and CFO. Cordeiro will remain with Cabot in an advisory capacity through the end of the year to assist in a smooth transition.
Cordeiro, who joined Cabot in 1998, has been the Company’s chief financial officer since 2009. Prior to this role, he held a variety of senior finance and business leadership roles, including corporate controller, vice president of investor relations, as well as vice president and general manager of Cabot’s Fumed Metal Oxides and Supermetals businesses.
McLaughlin joined Cabot in April 2002, and has held a variety of roles within the finance organization and Cabot’s global businesses. Erica started in Cabot’s finance organization and held positions of increasing responsibility, including global finance director for the carbon black business. McLaughlin is a Certified Public Accountant and earned an MBA and a BS in accounting from Boston College.
Sean Keohane, president and chief executive officer of Cabot Corporation commented: “Erica brings a strong finance and business background to her new role. She has a depth of experience across the variety of finance disciplines including corporate control, business finance, reporting and investor relations. I have developed a strong appreciation for her business acumen, strategic insight and analytical ability. As a member of our corporate leadership team, she has demonstrated a passion for leading teams and developing talent, and is recognized as a strong leader who is well-respected across the company. Her financial expertise and deep knowledge of Cabot and its businesses make her well-positioned to take on this new role.”