Albany International Corp. (AIN)

88.23 +0.40 (+0.46%) At close: 04:00PM EDT

Albany International Corp.

216 Airport Drive
Rochester, NH 03867
United States
603 330 5800
https://www.albint.com

Sector(s): Consumer Cyclical
Industry: Textile Manufacturing
Full-time employees: 5,600

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Gunnar Kleveland	President, CEO & Director	1.55M	N/A	1970
Mr. Robert Daniel Starr	Executive VP & CFO	1.16M	N/A	1968
Mr. Joseph M. Gaug	VP, Secretary & General Counsel	930.67k	N/A	1963
Mr. Daniel A. Halftermeyer	President of Machine Clothing	1.61M	N/A	1961
Mr. Gregory N. Harwell	President of Albany Engineered Composites	1.06M	N/A	1964
Mr. John J. Tedone	VP, Controller & Chief Accounting Officer	N/A	N/A	1965
Mr. Robert A. Hansen	Senior VP & CTO	459.64k	6.36k	1957
Mr. John B. Hobbs	Director of Investor Relations	N/A	N/A	N/A
Susan Siegel	Vice President of Corporate Communications	N/A	N/A	N/A
Ms. Alice McCarvill	Executive VP of Human Resources & Chief Human Resources Officer	646.94k	N/A	1965

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Albany International Corp., together with its subsidiaries, engages in the machine clothing and engineered composites businesses. The company operates in two segments, Machine Clothing (MC) and Albany Engineered Composites (AEC). The MC segment designs, manufactures, and markets paper machine clothing for use in the manufacturing of papers, paperboards, tissues, towels, pulps, nonwovens, building products, tannery, and textiles, as well as fiber cement and several other industrial applications. This segment offers paper machine clothing forming, pressing, and drying fabrics, as well as engineered processing belts; and engineered fabrics. The AEC segment 3D-woven and injected composite components for aircraft engines composite airframe and engine components for military and commercial aircraft. It operates in the United States, Switzerland, France, Brazil, China, Mexico, Germany, and internationally. The company was incorporated in 1895 and is headquartered in Rochester, New Hampshire.

Corporate governance

Albany International Corp.’s ISS governance QualityScore as of 1 April 2024 is 3. The pillar scores are Audit: 4; Board: 3; Shareholder rights: 3; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.