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Albany International Corp. (AIN)

NYSE - NYSE Delayed Price. Currency in USD
112.12-0.66 (-0.59%)
At close: 04:00PM EST
110.01 -2.11 (-1.88%)
After hours: 04:03PM EST
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Albany International Corp.

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

Sector(s)Consumer Cyclical
IndustryTextile Manufacturing
Full Time Employees4,100

Key Executives

NameTitlePayExercisedYear Born
Mr. Andrew William HigginsPres, CEO & Director2.73MN/A1958
Mr. Stephen M. NolanCFO & Treasurer1.32MN/A1969
Mr. Joseph M. GaugVP, Sec. & Gen. Counsel882.54kN/A1963
Mr. Daniel A. HalftermeyerPres of Machine Clothing1.42MN/A1961
Mr. Gregory N. HarwellPres of Albany Engineered Composites1.1MN/A1964
Mr. Robert A. HansenSr. VP & CTON/AN/A1957
Mr. John B. HobbsDirector of Investor RelationsN/AN/AN/A
Susan SiegelVP of Corp. CommunicationsN/AN/AN/A
Ms. Alice McCarvillExec. VP of HR & Chief HR OfficerN/AN/A1965
Ms. Elisabeth IndrianiVP & ControllerN/AN/A1976
Amounts are as of December 31, 2021 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., together with its subsidiaries, engages in the textile and materials processing business. 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, and towels. This segment offers forming, pressing, and drying fabrics, as well as process belts used in the manufacture of nonwovens, fiber cement and several other industrial applications; 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, Brazil, China, France, Mexico, and internationally. Albany International Corp. was incorporated in 1895 and is headquartered in Rochester, New Hampshire.

Corporate Governance

Albany International Corp.’s ISS Governance QualityScore as of October 1, 2022 is 3. The pillar scores are Audit: 4; Board: 4; Shareholder Rights: 2; Compensation: 5.

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.
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