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#104 CEO Insights with Tim Cabot, CEO Katahdin Industries
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Tim Cabot - President of Katahdin Industries, Chairman of Southworth International and Board Member of Community Resources For Justice (Non-Profit)
So my two primary activities in the for-profit world are I'm the President of Katahdin Industries Inc.
Tim Cabot: It's a platform company that focuses on coating and the application of coatings onto medical devices located here in Massachusetts. And it's a company that I've been involved with for the past 17 years, building it up both organically and also through a number of acquisitions.
In addition to my work at Katahdin, I've also been fortunate enough to be involved in a family company called Southworth International Group. Southworth is a large. Provider of equipment for the material handling industry? It is located both here in the US and it has overseas operations as well.
So it's a global company. In that role, I'm a chairman of the board and I've been involved with it for approximately the same amount of time since about 2008.
David Rosen: Do you have other board roles as well, currently or in the past?
Tim Cabot: The other current role I have is I'm the the chair of the finance committee of a not-for-profit located here in Boston called Community Resources for Justice.
It's about a 70 million non-profit focused on the developmentally disabled as well as people leaving the prison system and reestablishing connections into the world.
TIMELINE
[00:01:43] Turning the Career Journey into an Acquisition Opportunity
[00:06:45] Where Tim's Career Journey Began
[00:09:43] How the Katahdin Business Grew from $9M to $50 Million
[00:14:33] Focus on Growth and Managing Lower Priorities that Turn Into Opportunities
[00:30:19] What it Takes to be a Great Leader
[00:35:15] People Teams and Business Success
[00:37:35] Key Considerations About Boards and Board Governance
[00:39:49] Dealing with Counter Strategic Initiatives - What Can You Do?
[00:44:51] Risk
[00:48:15] How to Reach Tim Cabot
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