leadership
confidence high
sentiment neutral
materiality 0.55
Albany International CEO Higgins to retire; board retains Spencer Stuart for successor search
ALBANY INTERNATIONAL CORP /DE/
- CEO Bill Higgins notified board of desire to retire; will continue as CEO until successor named.
- Board retained executive search firm Spencer Stuart to identify and evaluate candidates.
- Chairman Erkie Kailbourne expressed confidence in a smooth and planned transition.