Nick L. Stanage has been a key player at Hexcel Corporation, a leader in advanced materials for aerospace and industrial applications. He holds a Bachelor's degree in Mechanical Engineering from Michigan State University, which laid the foundation for his engineering...

Current Market Cap

$4.81B

Number of Employees

5.59K

Total Compensation

2016 - 2020

Trending down by -64.77% last year
Showing total compensation for the last 2016 - 2020

Stock

Down by -43.20% last year

Salary

Down by -100.00% last year

Bonus

Down by -100.00% last year

Other

Up by 0.00% last year

Year

2020

Total Compensation

$2.14M

Salary

$0.00

Board Justification

The compensation philosophy is based on pay for performance to create sustainable value for stockholders, with a significant portion of total target compensation being variable and based on company performance.

Bonus

$0.00

Board Justification

Due to the impact of the COVID-19 pandemic, the 2020 incentive targets were largely unattainable, resulting in a 19.3% payout under the cash incentive plan for senior management.

Other

$0.00

Board Justification

No additional compensation was reported outside of salary, bonus, and stock options.

Restricted Stock

$2.14M(27.84K RSU)

Board Justification

RSUs that vested in 2020, including one-third of the RSUs granted in each of 2017, 2018, and 2019.

Performance Metrics

Adjusted EBIT, Adjusted Diluted Earnings Per Share, Cash from Operating Activities.

SEC Filing

From March 25, 2021

Nick L. Stanage

Ex-CEO of Hexcel

NL

Education

Bachelor's degree in Mechanical Engineering from Michigan State University

Field of Expertise

Technology & Engineering - Engineering

Born

January 1, 1966 - 58 years ago

Is Founder?

No

Tenure

6 years 10 months (Aug 2013 - Jun 2020)

Previous Experience

President of Heavy Vehicle Products at Dana Holding Corporation