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Aspen Aerogels Appoints New CFO Grant Thoele

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Aspen Aerogels Appoints New CFO Grant Thoele

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Aspen Aerogels ( (ASPN) ) has shared an update.

Aspen Aerogels announced the promotion of Grant Thoele to Chief Financial Officer and Treasurer, effective October 1, 2025, succeeding Ricardo C. Rodriguez. The employment agreement outlines Thoele’s compensation, including a base salary of $390,000, performance-based bonuses, and equity grants. The agreement also details conditions for termination benefits and includes restrictive covenants on confidentiality and non-competition, highlighting the company’s strategic focus on leadership continuity and operational stability.

The most recent analyst rating on (ASPN) stock is a Hold with a $6.50 price target. To see the full list of analyst forecasts on Aspen Aerogels stock, see the ASPN Stock Forecast page.

Spark’s Take on ASPN Stock

According to Spark, TipRanks’ AI Analyst, ASPN is a Neutral.

Aspen Aerogels’ overall stock score is primarily impacted by its challenging financial performance, characterized by declining revenues and profitability issues. Technical analysis provides mixed signals, while valuation is weak due to negative earnings. The earnings call offers some optimism with cost reductions and cash management, but significant revenue declines remain a concern.

To see Spark’s full report on ASPN stock, click here.

More about Aspen Aerogels

Aspen Aerogels, Inc. operates in the advanced materials industry, specializing in the production of aerogel insulation products. The company focuses on providing high-performance insulation solutions for energy infrastructure and building materials sectors.

Average Trading Volume: 2,002,072

Technical Sentiment Signal: Sell

Current Market Cap: $516.4M

See more insights into ASPN stock on TipRanks’ Stock Analysis page.

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