---
schema_version: "secwatch.filing_event.v1"
accession: "0000819793-24-000045"
form_type: "8-K"
ticker: "AIN"
cik: "0000819793"
company_name: "ALBANY INTERNATIONAL CORP /DE/"
filed_at: "2024-08-05T23:59:59+00:00"
generated_at: "2026-05-31T13:17:52.386036+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Albany International appoints Christopher Stone as President of AEC segment, effective Aug 12

## Summary
- Christopher Stone appointed President of Albany Engineered Composites, succeeding Gregory Harwell, who no longer serves.
- Stone previously served as VP & Chief Supply Chain Officer at Lockheed Martin from 2021 to 2024.
- Initial base salary set at $500,000/year; target annual bonus at 70% of base; long-term incentive target at 60% of base.
- Sign-on RSU award of $1.8 million, vesting one-third annually over three years.
- If terminated without Cause, Stone receives 2x base salary over 24 months plus prorated bonus.

## SEC filing metadata
- accession: 0000819793-24-000045
- form_type: 8-K
- ticker: AIN
- cik: 0000819793
- company_name: ALBANY INTERNATIONAL CORP /DE/
- filed_at: 2024-08-05T23:59:59+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/819793/000081979324000045/0000819793-24-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/819793/000081979324000045/ain-20240802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000819793-24-000045
- JSON: https://secwatch.observer/filing/0000819793-24-000045.json
- Plain text: https://secwatch.observer/filing/0000819793-24-000045.txt

## Key facts
- Executive change
  Christopher E. Stone was appointed as President of the Company's AEC business segment at ALBANY INTERNATIONAL CORP /DE/.
  - Action: appointed
  - Role: President of the Company's AEC business segment
  source text: Christopher E. Stone had been appointed President of the Company's AEC business segment, and elected an officer of the Company, effective August 12, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/819793/000081979324000045/0000819793-24-000045-index.htm
- Executive change
  Gregory Harwell departed as President of the Company's AEC business segment at ALBANY INTERNATIONAL CORP /DE/.
  - Role: President of the Company's AEC business segment
  source text: succeeds Gregory Harwell, who no longer serves in that position.
  evidence_url: https://www.sec.gov/Archives/edgar/data/819793/000081979324000045/0000819793-24-000045-index.htm

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