secwatch / observer

ALBANY INTERNATIONAL CORP /DE/ — fact timeline

Source-grounded facts extracted from ALBANY INTERNATIONAL CORP /DE/'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

AIN ALBANY INTERNATIONAL CORP /DE/ JSON
Shareholder Votes

ALBANY INTERNATIONAL CORP /DE/ shareholders approved Approval, by nonbinding vote, of executive compensation at the 2026-05-15 meeting.

“In the vote to approve, by non-binding vote, executive compensation, the number of votes cast for, the number of votes cast against, the number cast as abstentions, and broker non-votes were as follows: For Against Abstain Broker Non-Votes 24,867,270 324,433 183,108 880,924”
Shareholder Votes

ALBANY INTERNATIONAL CORP /DE/ shareholders approved Ratification of the appointment of KPMG LLP as the Company's independent auditor at the 2026-05-15 meeting.

“In the vote for the ratification of the appointment of KPMG LLP as the Company's independent auditor, the number of votes for, the number of votes against, and the number of abstentions were as follows: For Against Abstain 25,067,522 1,187,962 251”
Shareholder Votes

ALBANY INTERNATIONAL CORP /DE/ shareholders approved Election of eight members of the Board of Directors at the 2026-05-15 meeting.

“At the Company’s Annual Meeting of stockholders held on May 15, 2026, there were three items subject to a vote of security holders: (1) the election of eight members of the Board of Directors of the Company; (2) the ratification of the appointment of KPMG LLP as the Company’s independent auditor; and (3) the approval, by nonbinding vote, of executive compensation.”
Earnings Releases

ALBANY INTERNATIONAL CORP /DE/ reported financial results for first-quarter 2026.

“On April 30, 2026 Albany International issued a news release reporting first-quarter 2026 financial results.”

Sean Valashinas was appointed as Vice President – Controller and Principal Accounting Officer at ALBANY INTERNATIONAL CORP /DE/.

“The Registrant, Albany International Corp. (the “Company”), has named Sean Valashinas its Vice President – Controller and Principal Accounting Officer and appointed him Principal Accounting Officer, both effective June 9, 2025.”

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

“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.”

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

“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”

Robert Starr was appointed as Principal Accounting Officer at ALBANY INTERNATIONAL CORP /DE/.

“Robert Starr, the Company’s Executive Vice President and Chief Financial Officer will assume the role of Principal Accounting Officer on an interim basis until a successor is named.”

John J. Tedone resigned as Vice President – Controller and Chief Accounting Officer at ALBANY INTERNATIONAL CORP /DE/.

“On March 10, 2025, Albany International Corp. (“the Company”) accepted the resignation of John J. Tedone, its Vice President – Controller and Chief Accounting Officer, effective March 20, 2025.”

Daniel Halftermeyer departed as President of Machine Clothing segment at ALBANY INTERNATIONAL CORP /DE/.

“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.”

Merle Stein was appointed as President of Machine Clothing segment at ALBANY INTERNATIONAL CORP /DE/.

“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.”

Christopher E. Stone was appointed as President of the Company’s AEC business segment at ALBANY INTERNATIONAL CORP /DE/.

“As previously disclosed, Christopher E. Stone has been appointed President of the Company’s AEC business segment, and elected an officer of the Company, effective August 12, 2024.”

Gregory Harwell departed as President of the Albany Engineered Composites business segment at ALBANY INTERNATIONAL CORP /DE/.

“On August 7, 2024, Albany International Corp. (“the Company”) entered into Mutual Separation Agreement and General Release with Gregory Harwell, the former President of the Company’s Albany Engineered Composites (“AEC”) business segment.”

Gregory Harwell departed as President of the Company's AEC business segment at ALBANY INTERNATIONAL CORP /DE/.

“succeeds Gregory Harwell, who no longer serves in that position.”

Christopher E. Stone was appointed as President of the Company's AEC business segment at ALBANY INTERNATIONAL CORP /DE/.

“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.”
Shareholder Votes

ALBANY INTERNATIONAL CORP /DE/ shareholders approved Approval, by nonbinding vote, of executive compensation at the 2024-05-10 meeting.

“In the vote to approve, by non-binding vote, executive compensation, the number of votes cast for, the number of votes cast against, the number cast as abstentions, and broker non-votes were as follows: For Against Abstain Broker Non-Votes 27,506,897 1,794,204 15,130 606,048”
Shareholder Votes

ALBANY INTERNATIONAL CORP /DE/ shareholders approved Ratification of the appointment of KPMG LLP as the Company's independent auditor at the 2024-05-10 meeting.

“In the vote for the ratification of the appointment of KPMG LLP as the Company's independent auditor, the number of votes for, the number of votes against, and the number of abstentions were as follows: For Against Abstain 28,635,381 1,278,861 8,037”
Shareholder Votes

ALBANY INTERNATIONAL CORP /DE/ shareholders approved Election of nine members of the Board of Directors at the 2024-05-10 meeting.

“In the vote for the election of nine members of the Board of Directors of the Company, the number of votes cast for, the number of votes withheld from, and broker non-votes as to each of the nominees were as follows: Number of Votes For Number of Votes Withheld Broker Non-Votes Nominee John R. Scannell 26,998,500 2,317,731 606,048 Katharine L. Plourde 26,948,062 2,368,169 606,048 Kenneth W. Krueger 28,407,869 908,362 606,048 Mark J. Murphy 28,430,279 885,952 606,048 J. Michael McQuade 28,315,409 1,000,822 606,048 Christina M. Alvord 29,206,010 110,221 606,048 Russell E. Toney 29,184,780 131,451 606,048 Gunnar Kleveland 29,242,574 73,657 606,048 Bonnie C. Lind 29,255,675 60,556 606,048”
Earnings Releases

ALBANY INTERNATIONAL CORP /DE/ reported financial results for first quarter 2024.

“On April 29, 2024 Albany International issued a news release reporting first quarter 2024 financial results.”
Restructurings & Charges

ALBANY INTERNATIONAL CORP /DE/ announced a restructuring affecting forming fabric manufacturing facility in Chungju, South Korea (76 affected manufacturing employees).

“Albany International Korea, Inc., an affiliate of Albany International Corp. (NYSE:AIN), announced today its plan to discontinue manufacturing at its operations in Chungju, South Korea, and to transfer production to other Albany International manufacturing facilities. This action will enable the Company to align forming fabric capacity with the local market demand and the needs of customers. This initiative to streamline operations is driven by existing and anticipated market conditions, and in no way reflects on the performance of the 76 affected manufacturing employees, who will be offered separation and outplacement assistance.”
Earnings Releases

ALBANY INTERNATIONAL CORP /DE/ reported financial results for fourth quarter 2023.

“On February 26, 2024 Albany International issued a news release reporting fourth quarter 2023 financial results.”

Erland Kailbourne changed role as Chairman of the Board at ALBANY INTERNATIONAL CORP /DE/.

“succeed Erland (Erkie) Kailbourne, who will remain a member of the Board of Directors.”

John R. Scannell was appointed as Chairman of the Board at ALBANY INTERNATIONAL CORP /DE/.

“Board voted Director John R Scannell Chairman of the Board to succeed Erland (Erkie) Kailbourne”
Earnings Releases

ALBANY INTERNATIONAL CORP /DE/ reported financial results for third quarter 2023.

“On November 6, 2023 Albany International issued a news release reporting third quarter 2023 financial results.”

Gunnar Kleveland was elected as Director at ALBANY INTERNATIONAL CORP /DE/.

“and elected Mr. Kleveland to serve as a member of the Board effective that same date.”

Gunnar Kleveland was appointed as President and Chief Executive Officer at ALBANY INTERNATIONAL CORP /DE/.

“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.”

A. William Higgins retired as President and Chief Executive Officer at ALBANY INTERNATIONAL CORP /DE/.

“A. William Higgins, its President and Chief Executive Officer, will retire as an officer of the Company on September 1, 2023.”
Debt Financings

ALBANY INTERNATIONAL CORP /DE/ incurred revolving credit of $800 million with JPMorgan Chase Bank, N.A., as Administrative Agent and a Lender at Term SOFR plus a spread based on the Registrant’s leverage ratio and a pricing g maturing August 16, 2028.

“On August 16, 2023, Albany International Corp. (the “Registrant” or the “Company”) entered into a $800 million unsecured Five-Year Revolving Credit Facility Agreement (the “New Agreement”)”
Material Agreements

ALBANY INTERNATIONAL CORP /DE/ entered into $800 million unsecured Five-Year Revolving Credit Facility Agreement with JPMorgan Chase Bank, N.A., as Administrative Agent valued at $800,000,000 (effective 2023-08-16).

“On August 16, 2023, Albany International Corp. (the “Registrant” or the “Company”) entered into a $800 million unsecured Five-Year Revolving Credit Facility Agreement (the “New Agreement”) among the Company, Albany International Holding (Switzerland) AG, Albany International Europe GmbH and Albany International Canada Corp., as Borrowers, the Lenders party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent and a Lender, which amended and restated the prior amended and restated $700 million Four-Year Revolving Credit Facility Agreement, which we had entered into on October 27, 2020 (the “Prior Agreement”).”
Earnings Releases

ALBANY INTERNATIONAL CORP /DE/ reported financial results for second quarter 2023.

“On July 26, 2023 Albany International issued a news release reporting second quarter 2023 financial results.”
Material Agreements

ALBANY INTERNATIONAL CORP /DE/ amended Amendment with JPMorgan Chase Bank, N.A., as administrative agent, and the lenders party thereto (effective 2023-06-23).

“On June 23, 2023 Albany International Corp. (the “Company”) entered into an amendment (the “Amendment”) to the Amended and Restated Credit Agreement (the “Credit Agreement”), dated as of October 27, 2020, by and among the Company, Albany International Holding (Switzerland) AG, Albany International Europe GMBH, Albany International Canada Corp., the other borrowing subsidiaries party thereto, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent.”
Governance Changes

ALBANY INTERNATIONAL CORP /DE/: Amended and restated certificate of incorporation to eliminate Class B Common Stock (effective 2023-05-12).

“security holders voted to approve the adoption of the Company’s Amended and Restated Certificate of Incorporation to eliminate the Class B Common Stock”
Shareholder Votes

ALBANY INTERNATIONAL CORP /DE/ shareholders approved Approval of the adoption of the Second Amended and Restated Certificate of Incorporation at the 2023-05-12 meeting.

“In the vote to approve the adoption of the Second Amended and Restated Certificate of Incorporation, the number of votes cast for, the number of votes cast against, the number cast as abstentions, and broker non-votes were as follows: For Against Abstain Broker Non-Votes 29,274,064 4,126 51,186 490,980”
Shareholder Votes

ALBANY INTERNATIONAL CORP /DE/ shareholders approved Approval of the Company’s 2023 Long Term Incentive Plan at the 2023-05-12 meeting.

“In the vote to approve the Company’s 2023 Long Term Incentive Plan, the number of votes cast for, the number of votes cast against, the number cast as abstentions, and broker non-votes were as follows: For Against Abstain Broker Non-Votes 27,000,149 2,320,697 8,530 490,980”
Shareholder Votes

ALBANY INTERNATIONAL CORP /DE/ shareholders approved Approval, by nonbinding vote, of the frequency of stockholder voting on executive compensation at the 2023-05-12 meeting.

“In the vote to approve, by non-binding vote, the frequency of voting on executive compensation, the number of votes cast for and the number cast as abstentions were as follows: 1 Year 2 Years 3 Years Abstain 28,045,417 52,997 1,227,765 3,197”
Shareholder Votes

ALBANY INTERNATIONAL CORP /DE/ shareholders approved Approval, by nonbinding vote, of executive compensation at the 2023-05-12 meeting.

“In the vote to approve, by non-binding vote, executive compensation, the number of votes cast for, the number of votes cast against, the number cast as abstentions, and broker non-votes were as follows: For Against Abstain Broker Non-Votes 29,067,760 248,746 12,870 490,980”
Shareholder Votes

ALBANY INTERNATIONAL CORP /DE/ shareholders approved Ratification of the appointment of KPMG LLP as the Company’s independent auditor at the 2023-05-12 meeting.

“In the vote for the ratification of the appoint of KPMG LLP as the Company's independent auditor, the number of votes cast for, the number of votes cast against, the number cast as abstentions, and broker non-votes were as follows: For Against Abstain Broker Non-Votes 28,545,468 1,271,498 3,390 —”
Shareholder Votes

ALBANY INTERNATIONAL CORP /DE/ shareholders approved Election of nine members of the Board of Directors at the 2023-05-12 meeting.

“At the Company’s Annual Meeting of stockholders held on May 12, 2023, there were six items subject to a vote of security holders: (1) the election of nine members of the Board of Directors of the Company; (2) t he ratification of the appointment of KPMG LLP as the Company’s independent auditor, (3) the approval, by nonbinding vote, of executive compensation, (4) the approval, by nonbinding vote, of the frequency of stockholder voting on executive compensation; (5) the approval of the Company’s 2023 Long Term Incentive Plan; and (6) the approval of the adoption of the Second Amended and Restated Certificate of Incorporation.”
Earnings Releases

ALBANY INTERNATIONAL CORP /DE/ reported financial results for first quarter 2023.

“On April 25, 2023 Albany International issued a news release reporting first quarter 2023 financial results.”

John (“Jay”) J. Tedone was named as Vice President – Controller and chief accounting officer at ALBANY INTERNATIONAL CORP /DE/.

“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.”

Elisabeth Indriani departed as Controller and chief accounting officer at ALBANY INTERNATIONAL CORP /DE/.

“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.”

Robert Starr was named as Chief Financial Officer and Treasurer at ALBANY INTERNATIONAL CORP /DE/.

“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.”

Stephen Nolan departed as Chief Financial Officer at ALBANY INTERNATIONAL CORP /DE/.

“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.”

Robert Starr was named as Chief Financial Officer and Treasurer at ALBANY INTERNATIONAL CORP /DE/.

“The Company also announced that Robert Starr, former Chief Financial Officer of Fairbanks Morse Defense, has been named the Company’s Chief Financial Officer and Treasurer to succeed Mr. Nolan, effective April 10, 2023.”

Stephen Nolan departed as Chief Financial Officer and Treasurer at ALBANY INTERNATIONAL CORP /DE/.

“On March 23, 2023, Albany International Corp. (“the Company”) announced that it had accepted the resignation of Stephen Nolan, its Chief Financial Officer and Treasurer effective April 7, 2023.”
Earnings Releases

ALBANY INTERNATIONAL CORP /DE/ reported financial results for fourth quarter 2022.

“On February 13, 2023 Albany International issued a news release reporting fourth quarter 2022 financial results.”

Russell E. Toney was elected as member of the Board at ALBANY INTERNATIONAL CORP /DE/.

“On March 21, 2022, the Board of Directors of Albany International Corp. (“Albany”) voted to elect Russell E. Toney as a member of the Board.”

Christina M. Alvord was elected as Director at ALBANY INTERNATIONAL CORP /DE/.

“On February 10, 2022, the Board of Directors of Albany International Corp. (“Albany”) voted to elect Christina M. Alvord as a member of the Board.”

Lee C. Wortham resigned as Director at ALBANY INTERNATIONAL CORP /DE/.

“On August 5, 2021, the Standish Directors notified the Board of their decision to resign as members of the Board and all committees of the Board, effective upon completion of the Offering. Following their resignations, until further action by the Board, the number of directors of the Company shall be seven. Christine L. Standish serves on the Governance Committee of the Board, and Lee C. Wortham serves on the Compensation Committee of the Board.”

Christine L. Standish resigned as Director at ALBANY INTERNATIONAL CORP /DE/.

“On August 5, 2021, the Standish Directors notified the Board of their decision to resign as members of the Board and all committees of the Board, effective upon completion of the Offering. Following their resignations, until further action by the Board, the number of directors of the Company shall be seven. Christine L. Standish serves on the Governance Committee of the Board, and Lee C. Wortham serves on the Compensation Committee of the Board.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.