Albany International CFO Robert Starr resigns; JC Chetnani named interim CFO

ALBANY INTERNATIONAL CORP /DE/

CFO Robert Starr resigned effective May 23, 2025; receives $250K separation pay plus COBRA.
Departure is unrelated to any accounting or disclosure disagreements.
Jairaj Chetnani appointed interim CFO and interim Principal Accounting Officer effective May 23.
Chetnani's interim base salary set at $471K/year; short-term target $119,360; retention RSUs of $75K each.
Company has begun a formal search for a permanent CFO.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed (interim)

Jairaj Chetnani

interim Chief Financial Officer

AIN · ALBANY INTERNATIONAL CORP /DE/

Filed: May 19, 2025, 7:59 PM ET

The Company also announced that Jairaj (JC) Chetnani, its Vice President – Investor Relations and Treasurer, has been appointed interim Chief Financial Officer to succeed Mr. Starr while a formal search is conducted.

Departed

Robert Starr

Chief Financial Officer and interim Principal Accounting Officer

AIN · ALBANY INTERNATIONAL CORP /DE/

Effective: 2025-05-23
Successor: Jairaj Chetnani
Filed: May 19, 2025, 7:59 PM ET

On May 16, 2025, the Albany International Corp. (“the Company”) Board of Directors accepted the resignation of Robert Starr, its Chief Financial Officer and interim Principal Accounting Officer, effective May 23, 2025

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Jairaj Chetnani was appointed as interim Chief Financial Officer at ALBANY INTERNATIONAL CORP /DE/.

Action: appointed
Role: interim Chief Financial Officer

Exact text from the filing

The Company also announced that Jairaj (JC) Chetnani, its Vice President – Investor Relations and Treasurer, has been appointed interim Chief Financial Officer to succeed Mr. Starr while a formal search is conducted.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Robert Starr resigned as Chief Financial Officer and interim Principal Accounting Officer at ALBANY INTERNATIONAL CORP /DE/.

Action: resigned
Role: Chief Financial Officer and interim Principal Accounting Officer

Exact text from the filing

On May 16, 2025, the Albany International Corp. (“the Company”) Board of Directors accepted the resignation of Robert Starr, its Chief Financial Officer and interim Principal Accounting Officer, effective May 23, 2025

View on SEC.gov

ALBANY INTERNATIONAL CORP /DE/ filing history →

Source: SEC EDGAR

accession 0001628280-25-026528

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