Hexcel Corporation (NYSE: HXL), today announced that the certified
report of IVS Associates, Inc., the independent inspector of elections
for the Company’s 2008 Annual Meeting, has
confirmed that all of the ten nominees recommended by the Company’s
Board were elected as directors of the Company at its Annual Meeting
held on May 8, 2008. Nine of the ten directors are independent. More
than 78% of Hexcel’s outstanding shares
of common stock were voted at the Annual Meeting. The three
Company-backed directors that were opposed by nominees from Oscar S.
Schafer & Partners II LP (“OSS”)
each received over 81% of all votes cast. The other seven elected
directors each received more than 99% of all votes cast. Each of the
three OSS nominees received less than 18% of all votes cast.
The Company’s Board is now comprised of the
following members:
-
David E. Berges
-
Joel S. Beckman
-
Lynn Brubaker
-
Jeffrey C. Campbell
-
Sandra L. Derickson
-
W. Kim Foster
-
Jeffrey A. Graves
-
David C. Hill
-
David C. Hurley
-
David L. Pugh
About Hexcel Corporation
Hexcel Corporation is a leading advanced composites company. It
develops, manufactures and markets lightweight, high-performance
structural materials, including carbon fibers, reinforcements, prepregs,
honeycomb, matrix systems, adhesives and composite structures, used in
commercial aerospace, space and defense and industrial applications.
Hexcel Corporation
Investors:
Wayne Pensky, 203-352-6839
or
Media:
Michael
Bacal, 203-352-6826
