Patrick M. Prevost served as the CEO of Cabot Corporation from 2008 until 2016. He brought a wealth of experience from his time at BASF, where he held various executive roles, including leading their Performance Chemicals division. Prevost made a...

Patrick M. Prevost served as the CEO of Cabot Corporation from 2008 until 2016. He brought a wealth of experience from his time at BASF, where he held various executive roles, including leading their Performance Chemicals division. Prevost made a notable impact at Cabot, where he focused on the company's performance metrics, linking executive pay to results. In 2016, he stepped down from his CEO role but continued contributing as a board member. His total compensation was interesting, peaking at over $12 million in 2016, which included a significant cash separation package when he exited the company. This decision came after a temporary medical leave, which showed his commitment to prioritizing health before business. His journey from Germany to Boston and significant financial decisions were part of his transition to the U.S. and his leadership at Cabot. Prevost's strategic vision helped Cabot navigate the competitive chemicals industry, aiming to align the company’s performance with shareholder interests. Despite turbulent times, he remained a key figure in corporate governance, using his expertise to drive forward the goals of the organization.