Hexcel new CEO faces deciding how to "take out" $ 60 million in cash expenditures in the 2002 fiscal year, and the two ends of markets - electronics and commercial aerospace - is expected to fall sharply. Options include closing factories, leaving the business, or conduct a significant reduction in staff. Includes a description of the private capital Hexcel relationship with Goldman Sach's Capital Partners and is reviewing the financial problems of bank lending covenants and management maturity debt. Focuses on selecting the rotation approach in terms of the General Director (CEO). "Hide
by Paul W. Marshall, James Quinn, Martin Reed Source: Harvard Business School 21 pages. Publication Date: March 12, 2006. Prod. #: 806099-PDF-ENG
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