Posted 4/10/2024, 2:46:23 PM
Hexcel Names Former Spirit CEO Tom Gentile as New Chief Despite His Recent Quality Control Issues
- Hexcel Corp stock plunged 14% after naming Tom Gentile, former Spirit AeroSystems CEO, as new CEO
- Gentile resigned from Spirit 6 months ago amid quality control issues
- Analysts question Gentile pick given issues at Spirit under his leadership
- Gentile to take over May 1 as CEO Nick Stanage becomes executive chairman
- Move comes as Hexcel, a Boeing supplier, aims to move past its own quality problems