---
schema_version: "secwatch.filing_event.v1"
accession: "0000819793-23-000032"
form_type: "8-K"
ticker: "AIN"
cik: "0000819793"
company_name: "ALBANY INTERNATIONAL CORP /DE/"
filed_at: "2023-03-30T23:59:59+00:00"
generated_at: "2026-06-17T09:53:39.263098+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Albany International names new CFO and controller; reaffirms 2023 guidance

## Summary
- Robert Starr named CFO effective April 10, 2023, succeeding Stephen Nolan.
- Controller Elisabeth Indriani leaving; Jay Tedone appointed VP-Controller and CAO effective May 1, 2023.
- Indriani to receive 24 months salary, pro-rata bonus, and compensation for forfeited phantom stock units.
- Company reaffirms FY2023 guidance: revenue $1.01-1.05B, GAAP/Adjusted EPS $3.10-3.60.
- Tedone's compensation: base salary $310k, target bonus 35% of base, long-term incentive under phantom stock plan.

## SEC filing metadata
- accession: 0000819793-23-000032
- form_type: 8-K
- ticker: AIN
- cik: 0000819793
- company_name: ALBANY INTERNATIONAL CORP /DE/
- filed_at: 2023-03-30T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/819793/000081979323000032/0000819793-23-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/819793/000081979323000032/ain-20230330.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000819793-23-000032
- JSON: https://secwatch.observer/filing/0000819793-23-000032.json
- Plain text: https://secwatch.observer/filing/0000819793-23-000032.txt

## Key facts
- Executive change
  John (“Jay”) J. Tedone was named as Vice President – Controller and chief accounting officer at ALBANY INTERNATIONAL CORP /DE/.
  - Action: named
  - Role: Vice President – Controller and chief accounting officer
  source text: The Company has named John (“Jay”) J. Tedone, former Chief Accounting Officer of Eos Energy Enterprises, the Company’s Vice President – Controller, and appointed him chief accounting officer, both effective May 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/819793/000081979323000032/0000819793-23-000032-index.htm
- Executive change
  Elisabeth Indriani departed as Controller and chief accounting officer at ALBANY INTERNATIONAL CORP /DE/.
  - Action: leaving
  - Role: Controller and chief accounting officer
  source text: In connection with such CFO transition, Elisabeth Indriani, who joined the Company on March 31, 2021, and served as Controller and chief accounting officer since May 13, 2021, is leaving the company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/819793/000081979323000032/0000819793-23-000032-index.htm
- 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: Robert Starr, former Chief Financial Officer of Fairbanks Morse Defense, has been named Chief Financial Officer and Treasurer of Albany International Corp. (“the Company”) to succeed Stephen Nolan, effective April 10, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/819793/000081979323000032/0000819793-23-000032-index.htm
- Executive change
  Stephen Nolan departed as Chief Financial Officer at ALBANY INTERNATIONAL CORP /DE/.
  - Action: succeeded
  - Role: Chief Financial Officer
  source text: Robert Starr, former Chief Financial Officer of Fairbanks Morse Defense, has been named Chief Financial Officer and Treasurer of Albany International Corp. (“the Company”) to succeed Stephen Nolan, effective April 10, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/819793/000081979323000032/0000819793-23-000032-index.htm

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