secwatch.observer — SEC 8-K summary
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Issuer:     HEXCEL CORP /DE/ (HXL)
CIK:        0000717605
Form:       8-K
Filed at:   2025-11-17T23:59:59+00:00
Accession:  0000930413-25-003469
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Hexcel appoints Michael Lenz as Interim CFO effective Nov 30, replacing Patrick Winterlich
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- Patrick Winterlich resigned as EVP/CFO effective Nov 30, 2025, to pursue another opportunity.
- Michael C. Lenz appointed as Interim CFO; he joins Nov 19 for transition, formerly FedEx CFO (2020-2023).
- Lenz receives $65k/month base salary, 85% target bonus on base earned, plus up to $15k legal cost reimbursement.
- Company continues search for a permanent CFO; Lenz serves on temporary basis.
- Lenz, 62, also serves on Republic Airways board since May 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/717605/000093041325003469/0000930413-25-003469-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/717605/000093041325003469/c114431_8k-ixbrl.htm
  HTML page:      https://secwatch.observer/filing/0000930413-25-003469

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer