Aspen Aerogels appointed Glenn Deegan as Chief Administrative Officer to enhance leadership in operations, compliance, and growth initiatives.
Quiver AI Summary
Aspen Aerogels, Inc. has appointed Glenn Deegan as Chief Administrative Officer, effective immediately. Reporting to President and CEO Don Young, Deegan will oversee the company’s administrative functions including legal, compliance, human resources, and governance at the Aerogel Technology Center in Northborough, Massachusetts. Deegan brings over 25 years of experience in legal, HR, and transactional leadership, previously serving as Chief Legal and Human Resources Officer at Altra Industrial Motion Corporation, where he played a key role in significant mergers and acquisitions. He expressed excitement about joining Aspen during a pivotal moment in the company's growth journey, highlighting its innovative technology and commitment to sustainability.
Potential Positives
- Appointment of Glenn Deegan as Chief Administrative Officer brings extensive leadership experience and expertise in legal, compliance, and organizational transformation, which may strengthen Aspen's operational foundation.
- Deegan's background in managing complex governance and M&A initiatives positions Aspen for potential strategic growth and successful partnerships in high-value markets.
- The emphasis on sustainability and thermal management solutions aligns with global trends, indicating Aspen's commitment to market relevance and innovation.
Potential Negatives
- Appointment of a new Chief Administrative Officer may imply previous leadership gaps or organizational restructuring, raising questions about the internal stability of the company's executive team.
- Mr. Deegan's extensive experience at Altra Industrial Motion Corporation includes facilitating major acquisitions, which could suggest that Aspen Aerogels is facing pressures that necessitate a strong legal and compliance presence during this transition.
- While the press release highlights positive sentiments regarding growth and innovation, it does not address any immediate challenges or risks the company may be facing, potentially signaling a lack of transparency.
FAQ
Who is the new Chief Administrative Officer at Aspen Aerogels?
Glenn Deegan has been appointed as the Chief Administrative Officer at Aspen Aerogels.
What are Glenn Deegan's qualifications?
He brings over 25 years of experience in legal, HR, and transactional leadership.
Where will Glenn Deegan be based?
He will be based at the company's Aerogel Technology Center in Northborough, Massachusetts.
What are Aspen Aerogels' key products?
Aspen's key products include PyroThin®, Cryogel®, and Pyrogel® for thermal management solutions.
What is Aspen Aerogels' focus in the market?
Aspen focuses on sustainability, electrification solutions, and resource efficiency in high-value markets.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ASPN Insider Trading Activity
$ASPN insiders have traded $ASPN stock on the open market 3 times in the past 6 months. Of those trades, 1 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $ASPN stock by insiders over the last 6 months:
- DONALD R YOUNG (President and CEO) purchased 20,000 shares for an estimated $107,000
- SANTHOSH P DANIEL (Chief Accounting Officer) has made 0 purchases and 2 sales selling 6,410 shares for an estimated $47,317.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$ASPN Hedge Fund Activity
We have seen 100 institutional investors add shares of $ASPN stock to their portfolio, and 162 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- GAGNON SECURITIES LLC added 1,899,108 shares (+inf%) to their portfolio in Q2 2025, for an estimated $11,242,719
- FEDERATED HERMES, INC. added 1,766,733 shares (+inf%) to their portfolio in Q2 2025, for an estimated $10,459,059
- POINT72 ASSET MANAGEMENT, L.P. removed 1,104,549 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $7,058,068
- FMR LLC removed 1,047,932 shares (-86.1%) from their portfolio in Q2 2025, for an estimated $6,203,757
- AWM INVESTMENT COMPANY, INC. removed 1,013,744 shares (-41.4%) from their portfolio in Q2 2025, for an estimated $6,001,364
- GOLDMAN SACHS GROUP INC added 927,544 shares (+72.8%) to their portfolio in Q2 2025, for an estimated $5,491,060
- UNISUPER MANAGEMENT PTY LTD removed 848,287 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $5,420,553
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$ASPN Analyst Ratings
Wall Street analysts have issued reports on $ASPN in the last several months. We have seen 1 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- Barclays issued a "Underweight" rating on 08/11/2025
- Canaccord Genuity issued a "Buy" rating on 08/08/2025
To track analyst ratings and price targets for $ASPN, check out Quiver Quantitative's $ASPN forecast page.
$ASPN Price Targets
Multiple analysts have issued price targets for $ASPN recently. We have seen 2 analysts offer price targets for $ASPN in the last 6 months, with a median target of $8.0.
Here are some recent targets:
- David Anderson from Barclays set a target price of $6.0 on 08/11/2025
- George Gianarikas from Canaccord Genuity set a target price of $10.0 on 08/08/2025
Full Release
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 $2 billion global leader in motion control and automation products. As Chief Legal and Human Resources Officer, he led the legal, global compliance, human resources, and environmental, health, and safety functions for a company of more than 9,000 employees across 100+ legal entities and approximately 50 manufacturing facilities worldwide. He played a pivotal role in major strategic transactions, including Altra’s $4.95 billion acquisition by Regal Rexnord Corporation in 2023, along with multiple acquisitions and divestitures.
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
[email protected]
Georg Venturatos / Patrick Hall
Gateway Group
[email protected]
Phone: (949) 574-3860
