Hexcel names new president

Hexcel names former Dana executive as its new president

• On 3:29 pm EDT, Wednesday October 28, 2009

STAMFORD, Conn. (AP) -- Hexcel Corp., which makes composite materials for aircraft, said Wednesday its new president is a former executive of auto-parts supplier Dana Holding Corp.

Hexcel said Nick L. Stanage will become its president, effective Nov. 9.

Stanage, 50, was president of the heavy vehicle-products business of Dana. He brings three decades of experience, including in engineering, operations and supply-chain management as well as marketing and sales.

"His vast experience in advanced aerospace products as well as difficult vehicle markets should provide Hexcel crucial leadership as we strive to meet the challenges posed by the current market environment," said David E. Berges, Hexcel's Chairman and CEO.