Hexcel names James Coogan chief financial officer, effective May 1, 2026
Hexcel said its board appointed James Coogan as executive vice president and chief financial officer, effective May 1, 2026, replacing interim CFO Michael Lenz, who will become a senior advisor for about three months. The filing describes Coogan's compensation, including a $630,000 base salary and a $500,000 cash signing bonus, and the change puts a permanent finance chief in place for shareholders.
Key points
- Coogan, age 45, becomes CFO and principal financial officer effective May 1, 2026, and reports to Chairman, CEO and President Tom Gentile.
- Coogan's offer letter sets an annual base salary of $630,000 and a target annual bonus of 80% of base salary.
- Coogan receives a $500,000 cash signing bonus and a sign-on restricted stock unit award with a grant date value of $2,250,000.
- Coogan was CFO of Axcelis Technologies from September 2023 through March 2026 and was previously CFO of Kaman Corporation.
The filing
Written by AI on Nov 8, 2026, 12:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 13, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.