Patrick M. Provost
2012 compensation: $6.3 million
2011 compensation: $6.5 million
Boston-based Cabot is the is the world’s leading producer and marketer of carbon black, which is used in the tire manufacturing process, according to a company press release. It has 18 plants worldwide and reported annual sales last year of about $3.3 billion. The company said it employs 5,000 people worldwide.
In June, Cabot announced it entered into agreement to purchase the remaining 60 percent equity in NHUMO, S.A.de C.V for $105 million. NHUMO is Mexico’s leading producer of carbon black, according to Cabot.