---
schema_version: "secwatch.filing_event.v1"
accession: "0000819793-23-000023"
form_type: "8-K"
ticker: "AIN"
cik: "0000819793"
company_name: "ALBANY INTERNATIONAL CORP /DE/"
filed_at: "2023-03-23T23:59:59+00:00"
generated_at: "2026-06-17T19:48:31.610493+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Albany International CFO Nolan resigns; Starr named successor effective April 10

## Summary
- CFO Stephen Nolan resigns effective April 7, 2023, to join a private company; not related to financial disagreements.
- Robert D. Starr, former CFO of Fairbanks Morse Defense, appointed CFO and Treasurer effective April 10, 2023.
- Starr's initial base salary $570,000; eligible for short-term incentive target of 70% of base and long-term grants.
- Starr has over 30 years experience, including as EVP/CFO of Kaman Corporation from 2013 to 2021.
- Nolan served as CFO since April 2019; departure described as voluntary with strong balance sheet.

## SEC filing metadata
- accession: 0000819793-23-000023
- form_type: 8-K
- ticker: AIN
- cik: 0000819793
- company_name: ALBANY INTERNATIONAL CORP /DE/
- filed_at: 2023-03-23T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/819793/000081979323000023/0000819793-23-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/819793/000081979323000023/ain-20230323.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000819793-23-000023
- JSON: https://secwatch.observer/filing/0000819793-23-000023.json
- Plain text: https://secwatch.observer/filing/0000819793-23-000023.txt

## Key facts
- Executive change
  Robert Starr was named as Chief Financial Officer and Treasurer at ALBANY INTERNATIONAL CORP /DE/.
  - Action: named
  - Role: Chief Financial Officer and Treasurer
  source text: The Company also announced that Robert Starr, former Chief Financial Officer of Fairbanks Morse Defense, has been named the Company’s Chief Financial Officer and Treasurer to succeed Mr. Nolan, effective April 10, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/819793/000081979323000023/0000819793-23-000023-index.htm
- Executive change
  Stephen Nolan departed as Chief Financial Officer and Treasurer at ALBANY INTERNATIONAL CORP /DE/.
  - Action: resignation
  - Role: Chief Financial Officer and Treasurer
  source text: On March 23, 2023, Albany International Corp. (“the Company”) announced that it had accepted the resignation of Stephen Nolan, its Chief Financial Officer and Treasurer effective April 7, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/819793/000081979323000023/0000819793-23-000023-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.