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Albany International Corp. (AIN)


NYSE - NYSE Delayed Price. Currency in USD
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47.750-0.05 (-0.10%)
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Albany International Corp.

216 Airport Drive
Rochester, NH 03867
United States
603-330-5850
http://www.albint.com

SectorIndustrial Goods
IndustryTextile Industrial
Full Time Employees4,400

Key Executives

NameTitlePayExercisedAge
Dr. Joseph G. Morone Ph.D.Chief Exec. Officer, Pres and Exec. Director2.63MN/A64
Mr. John B. CozzolinoChief Financial Officer and Treasurer939.72kN/A51
Mr. Robert A. HansenChief Technology Officer and Sr. Vice-Pres461.56kN/A60
Mr. Daniel A. HalftermeyerPres of Machine Clothing1.24M70.28k56
Ms. Diane M. LoudonPres of Albany Engineered Composites611.49kN/A59
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Albany International Corp. engages in textile and materials processing businesses worldwide. The company operates through Machine Clothing (MC) and Albany Engineered Composites (AEC) segments. The MC segment designs, manufactures, and markets paper machine clothing. This segment offers forming, pressing, dryer fabrics, and process belts. It also provides customized and consumable fabrics that are used in the manufacturing process in the pulp, corrugator, nonwovens, fiber cement, building products, tannery, and textile industries; and sells its products directly to customer end-users. The AEC segment offers composite structures based on proprietary technology to customers in the aerospace and defense industries. Albany International Corp. was founded in 1895 and is headquartered in Rochester, New Hampshire.

Corporate Governance

Albany International Corp.’s ISS Governance QualityScore as of May 1, 2017 is 7. The pillar scores are Audit: 10; Board: 8; Shareholder Rights: 6; 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 a 10 indicates higher governance risk.