Photo | Courtesy of Aspen Aerogels
Donald Young, president and CEO of Aspen Aerogels
2 hours ago
Aspen Aerogels hires Braintree executive to lead HR, compliance efforts
Photo | Courtesy of Aspen Aerogels
Glenn Deegan, chief administrative officer at Aspen Aerogels
Aspen Aerogels has named Glenn Deegan to the newly created role of chief administrative officer.
Deegan, who has more than 25 years of relevant experience, will lead the HR and compliance efforts of the Northborough-based manufacturer of aerogel-based materials for electric batteries and other applications, according to an Aspen Aerogels press release on Monday.
Deegan joins the firm from Altra Industrial Motion, a Braintree-based manufacturer of power transmissions. Deegan played a role in the company’s $4.95-billion acquisition by Regal Rexnord in 2023 while serving as the firm’s chief legal and human resources officer.
“I am thrilled to welcome Glenn Deegan to Aspen Aerogels as a member of our executive team,” Don Young, president and CEO, said in the press release. “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.”
Aspen Aerogels moved to conduct an external search for the newly created role after it was determined in August that then-chief human resources officer and corporate secretary Stephanie Pittman would leave the company on Oct. 1 to pursue other opportunities, according to an August filing with the U.S. Securities and Exchange Commission. Pittman joined the company in 2023.
Deegan holds a law degree from Boston College Law School and a bachelor's degree in applied physics from Providence College. In addition to 15 years at Altria Industrial Motion, he had stints at Ireland-headquartered pharmaceutical manufacturer Averion International and Lexington-based Access Pharmaceuticals, serving as vice president and general counsel for both firms.
Aspen Aerogels’ stock price was up slightly on Monday morning, trading at $6.88 per share on the New York Stock Exchange, a 0.5% increase from Friday’s market close. Since the start of the year, the company’s stock has lost 43% of its value, dropping from $12.17 per share on Jan. 2.
Eric Casey is the managing editor at Worcester Business Journal, who primarily covers the manufacturing and real estate industries.
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