Sundar PichaiSundar Pichai earned $164M in 2023

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...

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Nick L. Stanage

Ex-CEO of Hexcel

Education

Bachelor's degree in Mechanical Engineering from Michigan State University

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Industrials

Born

January 1, 1966 - 59 years ago

CEO of Hexcel for

6 years 10 months (Aug 2013 - Jun 2020)

Previous Experience

President of Heavy Vehicle Products at Dana Holding Corporation

Holdings

See how much did Nick L. Stanage make over time.

Throughout his tenure at Hexcel, Nick L. Stanage has made significant moves in his stock holdings. He has possessed a range of shares through performance-based stock awards known as PSAs. In 2020, he had his total compensation pegged at approximately...

Mar 18, 2025

Total Stock Sold

$12.62M

HXL

$12.62M

180,804 HXL shares

What if they kept their stock?

If Nick L. Stanage didn't sell their stock, today they would have:
Extra HXL180,804 shares worth $8.08M.
This is -35.96% and $4.54M less than what they got when they sold the stock.

Charitable Transactions

HXL

31,980 shares

HXL

Recent Charitable Transactions

HXL

15,990 shares

HXL

Feb 2, 2018

Charity

HXL

15,990 shares

HXL

Feb 5, 2018

Charity

Insider Trading

See recent insider trades of Nick L. Stanage.

HXL

90,326 shares

HXL

Jan 15, 2025

Received

HXL

$964.35K

HXL at $64.29/share

Apr 26, 2024

Purchase

HXL

138,451 shares

HXL

Jan 17, 2024

Received

HXL

$2.86M

HXL at $61.52/share

Nov 5, 2021

Sale

HXL

$902.96K

HXL at $45.15/share

Mar 12, 2020

Purchase

HXL

$1.12M

HXL at $55.96/share

Mar 9, 2020

Purchase

HXL

51,614 shares

HXL

Jan 21, 2020

Received

HXL

$4.89M

HXL at $85.70/share

Sep 4, 2019

Sale

HXL

44,960 shares

HXL

Jan 22, 2019

Received

HXL

15,990 shares

HXL

Feb 5, 2018

Charity

Compensation History

See how much did Nick L. Stanage make over time.

Nick L. Stanage’s compensation reflects a focus on performance and results at Hexcel Corporation. Over the years, his pay structure has varied quite a bit, with total compensation peaking at $6.3 million in 2018. His base salary began at $535,000 with an incentive structure that rewarded achieving specific goals tied to the company's performance. For instance, in 2020, his total compensation was $2.14 million, primarily from vested stock, owing to the COVID-19 impact on attainable bonuses. This system emphasizes the importance of aligning executive payouts with company results. His management philosophy is rooted in the idea that generous rewards come with accountability to performance metrics like Adjusted EBIT and Earnings Per Share. This approach helps motivate not just himself but the entire management team at Hexcel.

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.