An announcement from Hexcel (HXL) is now available.
Hexcel Corporation announced an executive transition, with Nick L. Stanage moving from President and CEO to Executive Chairman, and Thomas C. Gentile III stepping in as the new CEO and President from May 1, 2024. Gentile brings a wealth of experience from Spirit AeroSystems and GE, and will join the Board after the 2024 Annual Meeting. The company also reaffirmed its full-year 2024 financial guidance, projecting strong sales and earnings growth, and a positive outlook for the following three years, with significant cash flow and EBITDA targets.
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