{"schema_version":"secwatch.filing_event.v1","accession":"0000819793-23-000078","form_type":"8-K","ticker":"AIN","cik":"0000819793","company_name":"ALBANY INTERNATIONAL CORP /DE/","filed_at":"2023-08-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.725576+00:00","generated_at":"2026-06-11T06:39:26.848837+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Albany International appoints Gunnar Kleveland as President and CEO, succeeding William Higgins","bullets":["William Higgins retires as President and CEO effective Sept 1, 2023; remains on Board.","Gunnar Kleveland appointed President and CEO and elected to Board effective same date.","Kleveland's agreement: $900,000 base salary, target cash bonus 100%, sign-on RSUs $1.9 million.","Gregory Harwell granted $1.5M performance share retention award; vests based on employment and performance.","Kleveland was previously President and CEO of Textron Specialized Vehicles, with aerospace experience."],"urls":{"canonical":"https://secwatch.observer/filing/0000819793-23-000078","json":"https://secwatch.observer/filing/0000819793-23-000078.json","markdown":"https://secwatch.observer/filing/0000819793-23-000078.md","text":"https://secwatch.observer/filing/0000819793-23-000078.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/819793/000081979323000078/0000819793-23-000078-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/819793/000081979323000078/ain-20230821.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T06:39:26.848837+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d361d6c60e","claim":"A. William Higgins retired as President and Chief Executive Officer at ALBANY INTERNATIONAL CORP /DE/.","evidence_excerpt":"A. William Higgins, its President and Chief Executive Officer, will retire as an officer of the Company on September 1, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/819793/000081979323000078/0000819793-23-000078-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"d74bcf814a","claim":"Gunnar Kleveland was elected as Director at ALBANY INTERNATIONAL CORP /DE/.","evidence_excerpt":"and elected Mr. Kleveland to serve as a member of the Board effective that same date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/819793/000081979323000078/0000819793-23-000078-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"ec5001ae28","claim":"Gunnar Kleveland was appointed as President and Chief Executive Officer at ALBANY INTERNATIONAL CORP /DE/.","evidence_excerpt":"The Board has appointed Gunnar Kleveland to succeed Mr. Higgins as President and Chief Executive Officer of the Company effective September 1, 2023, and elected Mr. Kleveland to serve as a member of the Board effective that same date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/819793/000081979323000078/0000819793-23-000078-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}