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Hexcel Appoints new Director

01 February 2002

Hexcel has appointed Sandra L. Derickson to its board of directors.

Ms. Derickson is the Chief Executive Officer of Household Retail Services, the private label credit card business of Household International. Prior to joining Household, Ms. Derickson had been with GE Capital for twenty-four years, eight years of which were as an officer of GE. Most recently at GE Capital she served as president and general manager of GE Capital Auto Financial Services, the largest non-captive auto leasing business in the world.

Mr. David E. Berges, Hexcel's Chairman and Chief Executive Officer said, ""We are delighted that Sandy is joining our board. She brings to Hexcel a wealth of managerial, marketing and financial experience that will be greatly valued.""

Hexcel Corporation designs, manufactures and markets lightweight, high performance reinforcement products, composite materials and engineered products for use in commercial aerospace, space and defense, electronics, general industrial, and recreation applications.






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