PLEASANTON, CALIF. - Hexcel Corp. has unveiled a new management structure incorporating the worldwide composites unit of Basel, Switzerland-based Ciba-Geigy Ltd., contingent on the businesses combining as expected in December. An Oct. 27 internal announcement identified the future business unit presidents and their operations. They are James Koshak, U.S. materials; Gary Sandercock, special process; Michael Carpenter, structures; David Tanonis, interiors; Claude Genin, fabrics; William Hunt, European materials; and Thomas Lahey, Pacific Rim.
Koshak, Carpenter, Tanonis and Hunt are with Ciba composites; Sandercock, Genin and Lahey are with Hexcel.
Hexcel's Stephen Forsyth will be named senior vice president of finance and administration of the new Hexcel and Ciba's Robert Petrisko, vice president of research and technology.
As announced in July, Hexcel's John Lee will be chairman and chief executive officer, and Ciba's Juergen Habermeier will be president and chief operating officer.
Hexcel of Pleasanton said its honeycomb sales were down slightly in the most recent quarter and it anticipates 1995 profit of $2.5 million, excluding the affect of the Ciba combination.
Hexcel emerged Feb. 9 from protection under Chapter 11 of the U.S. Bankruptcy Code. At that time, it had projected 1995 profit of $4.6 million.
For the third quarter, ended Oct. 1, Hexcel reported profit of $1.4 million on sales of $81.4 million, improving from a loss of $17.9 million on sales of $74.4 million for the same 1994 period.
Separately, Hexcel concluded the sale of its resins business, an effort begun in early 1993.
Fiber-Resin Corp. of Burbank, Calif., a subsidiary of St. Paul, Minn.-based H.B. Fuller Co., acquired Hexcel's U.S. resins business and 42,000-square-foot plant in Chatsworth, Calif., on Oct. 30. The business produces epoxies, urethanes and casting resins. On Dec. 29, the French company Axson SA acquired Hexcel's European resins business for $8.7 million.