Managing Conflicts of Interest
Our Commitment
We make decisions and choose actions in the best interest of Hexcel, rather than serving our individual best interests or seeking personal gain. Conflicts of interest, whether real or perceived, create doubt as to our ability to make sound decisions. Our customers, service providers, suppliers and co-workers expect and deserve our best judgment.
What Are Conflicts of Interest?
A conflict of interest occurs when our private interests interfere, or appear to do so, with Hexcel’s interests. Common sources of conflicts include:
- Relatives and friends
- Personal or family financial interests
- Outside employment
- Competing with Hexcel for a business opportunity
- Gifts and entertainment
How We Act with Integrity
- Learn to identify potential conflicts of interest and know how to avoid or resolve them.
- Disclose as soon as you discover any personal interest you or your immediate family members may have in any transaction where Hexcel is or is about to become a party.
- Remove yourself from the decision-making process when a decision for Hexcel is required and you have a personal or family interest in the outcome.
- Conceal information on any actual or potential conflict of interest.
- Place yourself in the position of hiring or supervising a family member or close personal friend.
- Use your Hexcel position to get favored treatment for yourself or others with whom you have a personal relationship, including your immediate family.