AURORA  -- William S. Johnson, executive vice president and chief financial officer of Cabot Microelectronics Corp. has been named 2013 Chicago CFO of the Year by the Financial Executives International Chicago Chapter.
The award recognizes senior financial leaders for their exceptional contributions to a business, as demonstrated by their quality, insight and direction.
Johnson won the award in the mid-size public company category.  Award recipients are determined by a committee of independent judges, comprised of finance professionals in industry and academia.
"I am honored to be named a Chicago CFO of the year, and to have been able to serve as Cabot Microelectronics' CFO over the past ten years as we have grown and strengthened our business during a dynamic time in the semiconductor industry and the world economy.  This recognition, which reflects the wealth of opportunities available to companies like ours to create value for our shareholders, customers and employees, arises from the strength of Cabot Microelectronics' entire accounting and finance team," Johnson said.
"Bill is an outstanding CFO, strategic leader, and colleague, who has contributed significantly to Cabot Microelectronics' success in countless ways.  Whether in spearheading our leveraged recapitalization with a special cash dividend last year, which delivered approximately $350 million to our shareholders, or consistently demonstrating admirable corporate stewardship through consistent, prudent financial management, Bill's positive impact on our company has been substantial, and we are delighted that he has received this well-earned recognition from FEI," said William Noglows, Chairman and CEO of Cabot Microelectronics.