Aspen Aerogels, Inc. Appoints Glenn Deegan as Chief Administrative Officer
Rhea-AI Summary
Aspen Aerogels (NYSE: ASPN), a technology leader in sustainability and thermal management solutions, has appointed Glenn Deegan as Chief Administrative Officer. Deegan brings over 25 years of experience in legal, HR, and transactional leadership to the company.
Reporting directly to CEO Don Young, Deegan will oversee administrative functions including legal, compliance, HR, and governance from the company's Aerogel Technology Center in Northborough, Massachusetts. He joins from Altra Industrial Motion Corporation, where he served as Chief Legal and HR Officer, managing a global workforce of 9,000+ employees across 100+ legal entities. Notably, he played a key role in Altra's $4.95 billion acquisition by Regal Rexnord Corporation in 2023.
Positive
- Appointment of highly experienced executive with 25+ years of relevant expertise
- Strategic addition to strengthen administrative oversight and governance
- Brings significant M&A and organizational integration experience from managing $4.95B transaction
Negative
- None.
News Market Reaction
On the day this news was published, ASPN gained 6.43%, reflecting a notable positive market reaction. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $38M to the company's valuation, bringing the market cap to $632M at that time.
Data tracked by StockTitan Argus on the day of publication.
Seasoned executive brings 25+ years of legal, HR, and transactional leadership to Aspen’s executive team
NORTHBOROUGH, Mass., Sept. 22, 2025 (GLOBE NEWSWIRE) -- Aspen Aerogels, Inc. (NYSE: ASPN) (“Aspen” or the "Company"), a technology leader in sustainability and thermal management solutions, today announced the appointment of Glenn Deegan as Chief Administrative Officer. Mr. Deegan will report directly to President and Chief Executive Officer Don Young and will be based at the company’s Aerogel Technology Center in Northborough, Massachusetts.
“I am thrilled to welcome Glenn Deegan to Aspen Aerogels as a member of our executive team,” commented Don Young, President and CEO. “Glenn’s leadership, expertise, and track record of driving organizational transformation will be invaluable as Aspen continues to scale and strengthen its foundation for growth.”
“I am honored to join Aspen Aerogels at such an important time in its journey,” said Glenn Deegan. “Aspen’s innovative technology platform and commitment to building a valuable company set it apart in the market, and I look forward to working with Don and the team to support the company’s people, operations, and long-term, profitable growth.”
In this role, Mr. Deegan will oversee Aspen’s administrative functions, providing strategic leadership across legal, compliance, human resources, and governance. With more than 25 years of legal, HR, and transactional leadership experience, he brings deep expertise in managing complex governance, M&A, and organizational integration initiatives, as well as advising executive teams and boards on legal strategy, risk management, and ESG priorities.
Mr. Deegan joins Aspen from Altra Industrial Motion Corporation (NASDAQ: AIMC), a
Mr. Deegan holds a J.D. from Boston College Law School and an undergraduate degree in applied physics from Providence College.
About Aspen Aerogels, Inc.
Aspen is a technology leader in sustainability and electrification solutions. The Company's aerogel technology enables its customers and partners to achieve their own objectives around the global megatrends of resource efficiency, e-mobility and clean energy. Aspen's PyroThin® products enable solutions to thermal runaway challenges within the electric vehicle ("EV") market. The Company's Cryogel® and Pyrogel® products are valued by the world's largest energy infrastructure companies. Aspen's strategy is to partner with world-class industry leaders to leverage its Aerogel Technology Platform® into additional high-value markets. Aspen is headquartered in Northborough, Mass. For more information, please visit www.aerogel.com.
Investor Relations / Media Contacts:
Neal Baranosky
Phone: (508) 691-1111 x 8
nbaranosky@aerogel.com
Georg Venturatos / Patrick Hall
Gateway Group
ASPN@gateway-grp.com
Phone: (949) 574-3860
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