Tag: Nick Stanage
Hexcel laying off hundreds, cutting board members’ pay by 50%, suspending...
The Stamford firm’s first-quarter financial results found net sales drop to $541 million from $609.9 million in the first quarter of 2019. Quarterly net income plummeted to $42.4 million from $72.2 million year-over-year.
Citing COVID-19, Hexcel cancels merger with Woodward
Neither company will be required to pay the other a termination fee as a result of their mutual decision.
Stamford’s Hexcel merging with Colorado company
The combined company, to be named Woodward Hexcel, will have more than 16,000 employees, manufacturing operations in 14 countries on five continents, and a diversified customer base across multiple markets.
Hexcel taps Campbell to replace retiring Foster as lead director
Jeffrey C. Campbell has been chief financial officer at American Express Co. since August 2013.
Hexcel, French firm team up in thermoplastic composite solutions for aerospace
As part of the partnership, a joint research and development laboratory will be established in France.
Hexcel: 4th quarter ’17 up, but full year down
Fourth-quarter sales were a record $511.7 million.
Hexcel Corp. reports third-quarter net sales slightly down
"We expect to enter a period of record cash generation,†Chairman, CEO and President Nick Stanage said.
Stamford-based Hexcel posts second-quarter swoon
Second-quarter earnings and revenue at Hexcel Corp. both declined on a year-over-year basis.
Hexcel names replacement for retiring CFO Wayne Pensky
Patrick Winterlich will replace Wayne Pensky effective Sept. 1.
Stamford-based Hexcel slips in first quarter
Net sales at the Stamford company were down 2.6 percent when compared to the first quarter of 2016.
Hexcel Corp. posts record second quarter results
The Stamford company manufactures composite materials and structural parts.