HEXCEL CORP /DE/
For the period ended May 14, 2026. Filed Apr 1, 2026.
View on SEC.govAbout this filing
What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
May 14, 2026 · Filed Apr 1, 2026
Contents
Board Evaluation Process
Board and committee evaluations play a critical role in ensuring the effective functioning of the board of directors. Our corporate governance guidelines assign responsibility for overseeing the annual board and committee evaluation process to the nominating, governance and sustainability committee. The evaluation process is adopted by the board upon recommendation of the nominating, governance and sustainability committee. The current board and committee evaluation process involves an annual self-evaluation by each director of the board as a whole and each standing committee of the board on which he or she serves and, every other year, a review of each individual director by his or her peer directors. The last individual director peer review was conducted in 2025.
Annual Board and Committee Self-Evaluation
| Topics include board and committee effectiveness, size, composition and frequency of meetings, director access to management, the sufficiency and timeliness of information and materials provided by management, and the sufficiency of processes for risk oversight, as well as the overall mix of director skills, experience and backgrounds | 1. Questionnaires | |
|---|---|---|
| Each director completes a questionnaire evaluating the board of directors as a whole and each standing committee of the board on which he or she serves. | ||
| 2. Nominating, Governance and Sustainability Committee Discussion | ||
| The results of the survey are aggregated, summarized by the Chief Legal and Sustainability Officer, and presented to the nominating, governance and sustainability committee for discussion. | ||
| 3. Board Review and Recommendations | ||
| The nominating, governance and sustainability committee provides a report, with recommended governance changes, if any, to the board and each committee. |
Biennial Individual Director Peer Review
| Topics include individualdirector experience,background, skills,overall commitment andcontribution to theeffectiveness of the boardof each director | 1. Interviews | |
|---|---|---|
| The lead director interviews each of the other directors to obtain an evaluation of all of the other directors, except the lead director. The chair of the nominating, governance and sustainability committee conducts a similar interview of each other director evaluating the lead director. | ||
| 2. Individual Director Discussions | ||
| Each director then receives feedback from the lead director, and the lead director receives feedback from the chair of the nominating, governance and sustainability committee. The evaluations by each director remain anonymous to the extent reasonable. | ||
| 3. Board Review and Recommendations | ||
| If the lead director or the chair of the nominating, governance and sustainability committee believes that significant issues arise from the peer evaluation, he or she presents those concerns to the board. | ||
18
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.