---
schema_version: "secwatch.filing_event.v1"
accession: "0000819793-24-000057"
form_type: "8-K"
ticker: "AIN"
cik: "0000819793"
company_name: "ALBANY INTERNATIONAL CORP /DE/"
filed_at: "2024-08-30T23:59:59+00:00"
generated_at: "2026-05-31T06:54:20.123168+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Albany International appoints Merle Stein as Machine Clothing President effective Sept 1, 2024

## Summary
- Merle Stein appointed President of Machine Clothing segment, effective Sept 1, 2024; succeeds Daniel Halftermeyer.
- Halftermeyer steps down to focus on Heimbach acquisition integration and ensure smooth transition.
- Stein's initial base salary set at $400,000 per year, target annual bonus 60% of base salary.
- Stein eligible for long-term incentives: MPP award and RSU award each targeted at 55% of base salary.
- Stein, previously COO of Machine Clothing, joined Albany in 2011 and holds degrees from Auburn University.

## SEC filing metadata
- accession: 0000819793-24-000057
- form_type: 8-K
- ticker: AIN
- cik: 0000819793
- company_name: ALBANY INTERNATIONAL CORP /DE/
- filed_at: 2024-08-30T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/819793/000081979324000057/0000819793-24-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/819793/000081979324000057/ain-20240830.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000819793-24-000057
- JSON: https://secwatch.observer/filing/0000819793-24-000057.json
- Plain text: https://secwatch.observer/filing/0000819793-24-000057.txt

## Key facts
- Executive change
  Daniel Halftermeyer departed as President of Machine Clothing segment at ALBANY INTERNATIONAL CORP /DE/.
  - Action: stepping down
  - Role: President of Machine Clothing segment
  source text: Mr. Stein, previously the Chief Operating Officer of the segment, succeeds Daniel Halftermeyer, who is stepping down from the position to focus his time and energies on driving the continued integration of the Company’s Heimbach acquisition and ensuring a successful transition to Mr. Stein.
  evidence_url: https://www.sec.gov/Archives/edgar/data/819793/000081979324000057/0000819793-24-000057-index.htm
- Executive change
  Merle Stein was appointed as President of Machine Clothing segment at ALBANY INTERNATIONAL CORP /DE/.
  - Action: appointed
  - Role: President of Machine Clothing segment
  source text: On August 30, 2024, Albany International Corp. (“the Company”) announced that Merle Stein had been appointed President of the Company’s Machine Clothing segment, and elected an officer of the Company, effective September 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/819793/000081979324000057/0000819793-24-000057-index.htm

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