Board Director W. Kim Foster to Retire
STAMFORD, Conn., July 27, 2018 (GLOBE NEWSWIRE) -- Hexcel Corporation (NYSE:HXL) announced today that its Board of Directors has designated Jeffrey C. Campbell to serve as its independent Lead Director. Mr. Campbell succeeds Hexcel’s current independent Lead Director, W. Kim Foster, who is retiring from the Board for health reasons.
Mr. Campbell, 58, joined the Hexcel Board of Directors in 2003. “Jeff’s superior financial expertise, strong business acumen and the deep understanding of Hexcel he has gained over the past 15 years, make him a great choice to lead our Board,” said Hexcel Chairman, CEO and President Nick Stanage. “We look forward to having Jeff step into this role.”
Mr. Campbell has served as Chief Financial Officer of the American Express Company since August 2013. From January 2004 to June 2013, he served as Executive Vice President and CFO of McKesson Corporation, the largest healthcare services company in the United States. Prior to his time at McKesson, Mr. Campbell spent 13 years at AMR Corp and its principal subsidiary American Airlines, ultimately becoming the company's CFO in 2002. He held a variety of financial and operations positions at American, including leading the company’s Europe, Middle East, and Africa operations while based in London. He began his professional career as a certified public accountant and management consultant with Deloitte, Haskins & Sells.
Mr. Foster, 69, is retiring from the Board effective July 26. He joined the Hexcel Board of Directors in 2007 and was appointed Lead Director in 2014. During his tenure with Hexcel, Mr. Foster served on numerous Board committees, including most recently the Audit Committee and the Nominating/Governance Committee. He was Executive Vice President and Chief Financial Officer of FMC Corporation from 2001 until his retirement in 2012.
Mr. Stanage said, “Kim has served as our Lead Director with professionalism and passion. We will miss him and his influence, and we thank him for his innumerable contributions to the success of Hexcel.”
Hexcel Corporation is a leading advanced composites company. It develops, manufactures and markets lightweight, high-performance structural materials including carbon fibers, specialty reinforcements, prepregs and other fiber-reinforced matrix materials, honeycomb, adhesives, engineered core and composite structures for use in commercial aerospace, space and defense and industrial applications.
Kaye Veazey | VP Corporate & Marketing Communications
Source: Hexcel Corporation