Sundar PichaiSundar Pichai earned $164M in 2023

Sean D. Keohane is the President and CEO of Cabot Corporation, a position he has held since March 2016. With extensive experience at Cabot, he joined the company in 2002 and progressively moved up through various roles. Before becoming CEO,...

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Sean D. Keohane

CEO of Cabot Corporation

Education

Not specified

Sector of Economy

Basic Materials

CEO of Cabot Corporation for

9 years 0 months (Mar 2016 - Present)

Previous Experience

Joined Cabot in 2002, Executive Vice President and President of the Company’s Reinforcement Materials segment since November 2014

Holdings

See how much did Sean D. Keohane make over time.

Sean D. Keohane maintains a significant stake in Cabot Corporation, which showcases his commitment to the company. Over the years, there have been fluctuations in his holdings, but a notable peak came in 2019, when his wealth was substantially tied...

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Total Stock Sold

$15.24M

CBT

$15.24M

252,508 CBT shares

What if they kept their stock?

If Sean D. Keohane didn't sell their stock, today they would have:
Extra CBT252,508 shares worth $7.04M.
This is -53.83% and $8.20M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Sean D. Keohane.

CBT

91,684 shares

CBT

Nov 18, 2024

Received

CBT

33,914 shares

CBT

Nov 8, 2024

Received

CBT

$2.61M

CBT at $101.75/share

Sep 3, 2024

Sale

CBT

$1.53M

CBT at $85.48/share

Mar 1, 2024

Sale

CBT

37,402 shares

CBT

Nov 20, 2023

Received

CBT

25,000 shares

CBT

Nov 10, 2023

Received

CBT

66,196 shares

CBT

Nov 21, 2022

Received

CBT

21,939 shares

CBT

Nov 11, 2022

Received

CBT

$989.26K

CBT at $69.19/share

May 24, 2022

Sale

CBT

57,673 shares

CBT

Nov 22, 2021

Received

Compensation History

See how much did Sean D. Keohane make over time.

In 2023, Sean D. Keohane's total compensation was approximately $7.79 million. This sum is composed of his base salary of $1,083,750 and a cash bonus of about $1,045,704, which reflects 79% of the performance target achieved. His bonus highlights a significant emphasis on aligning executive pay with performance metrics, including adjusted EBIT and discretionary free cash flow. Interestingly, there were no stock grants or stock options vested in 2023, as the company has shifted its focus to performance-based pay. This approach demonstrates a clear commitment to linking his compensation directly with company success, with a substantial portion of his pay influenced by how well the company performs against set goals. This showcases a modern approach to executive compensation, emphasizing accountability and results over simple stock ownership.

Year

2023

Total Compensation

$2.36M

Salary

$1.08M

Board Justification

The compensation philosophy aligns with company performance, peer benchmarking, and retention strategies, with a significant portion of executive pay being performance-based.

Bonus

$1.05M

Board Justification

The STI payout was based on the achievement of 59.6% of target against corporate performance and 125% of target against individual performance, resulting in a payout of 79% of target.

Other

$235.25K

Board Justification

Includes contributions to 401(k) Plan, Supplemental 401(k) Plan, Deferred Compensation Plan, and other benefits.

Restricted Stock

$0.00(0 TSU)

Board Justification

No stock grants vested in 2023 as the focus is on performance-based compensation.

Performance Metrics

The performance metrics include adjusted EBIT, NWC days, and discretionary free cash flow (DFCF) for the STI program.