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Hexcel Names James Coogan as New Chief Financial Officer

Tipranks - Sat Mar 14, 8:34AM CDT

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Hexcel ( (HXL) ) has provided an announcement.

Hexcel Corporation has appointed James (Jamie) Coogan as executive vice president and chief financial officer, effective May 1, 2026, succeeding interim CFO Mike Lenz, who will stay on for about three months as senior advisor to ensure a smooth transition. The move brings in a seasoned finance executive with more than two decades of experience, including senior roles at Axcelis Technologies and Kaman Corporation, reinforcing Hexcel’s leadership bench as it seeks to capitalize on rising commercial aircraft production and an expanding defense and space market.

Coogan’s compensation package includes a $630,000 base salary, a target annual bonus equal to 80% of salary, and equity incentives targeted at 200% of salary, alongside a $500,000 cash signing bonus and a $2.25 million sign-on restricted stock unit award that vests over three years. A severance agreement provides salary-and-bonus protection, health coverage contributions and enhanced benefits in the event of a change in control, signaling Hexcel’s commitment to securing and retaining senior financial leadership during a pivotal growth phase for the business.

The most recent analyst rating on (HXL) stock is a Buy with a $102.00 price target. To see the full list of analyst forecasts on Hexcel stock, see the HXL Stock Forecast page.

Spark’s Take on HXL Stock

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

The score is driven primarily by solid but mixed fundamentals: strong cash conversion is a key positive, while rising leverage and softer 2025 profitability are meaningful constraints. Technicals remain supportive with an established uptrend, though overbought signals increase near-term risk. Valuation is the main drag due to the very high P/E and low yield. Guidance is constructive, but execution risks (leverage, FX, and OEM schedule/destocking) temper the outlook.

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

More about Hexcel

Hexcel Corporation is a global leader in advanced lightweight composites technology, supplying high-performance carbon fiber, specialty reinforcements, prepregs, honeycomb, resins, engineered core and composite structures. Its materials serve commercial aerospace, defense and space, and industrial markets, targeting applications that demand lighter, stronger and tougher solutions.

The company focuses on enabling more efficient, higher-performing aircraft and industrial systems by replacing traditional materials with advanced composites. With a broad and unrivaled product range, Hexcel positions itself at the center of long-term growth trends in commercial aviation build rates and expanding defense and space programs.

Average Trading Volume: 1,252,018

Technical Sentiment Signal: Buy

Current Market Cap: $6.27B

See more data about HXL stock on TipRanks’ Stock Analysis page.

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