Albany International Corp. (AIN)

112.12 -0.66 (-0.59%) At close: 04:00PM EST

Albany International Corp.

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

Sector(s): Consumer Cyclical
Industry: Textile Manufacturing
Full Time Employees: 4,100

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Andrew William Higgins	Pres, CEO & Director	2.73M	N/A	1958
Mr. Stephen M. Nolan	CFO & Treasurer	1.32M	N/A	1969
Mr. Joseph M. Gaug	VP, Sec. & Gen. Counsel	882.54k	N/A	1963
Mr. Daniel A. Halftermeyer	Pres of Machine Clothing	1.42M	N/A	1961
Mr. Gregory N. Harwell	Pres of Albany Engineered Composites	1.1M	N/A	1964
Mr. Robert A. Hansen	Sr. VP & CTO	N/A	N/A	1957
Mr. John B. Hobbs	Director of Investor Relations	N/A	N/A	N/A
Susan Siegel	VP of Corp. Communications	N/A	N/A	N/A
Ms. Alice McCarvill	Exec. VP of HR & Chief HR Officer	N/A	N/A	1965
Ms. Elisabeth Indriani	VP & Controller	N/A	N/A	1976

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.