AIN: ALBANY INTL CORP Profile

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ALBANY INTL CORP

AIN

Stock price

30.72 0.37 1.22%

as of 04:07 PM EDT on 07/23/2008 in USD (NYSE Delay: 20 mins.)
Extended Hours

30.5842 -0.1358 -0.44%

as of 04:16 PM EDT on 07/23/08

Analyst Consensus

Buy
Analyst Consensus

Strong Buy

Buy

Hold

Sell

Strong Sell
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2007 Sales	2007 Sales Growth	2007 Net Income	2007 Employees
$1,093,000,000	8.1%	$17,800,000	6,100

Key Executives: AIN

Name	Title	Officer Since
Joseph G. Morone	CEO	1/1/96
Michael C. Nahl	CFO	-
Dawne H. Wimbrow	Chief Information Officer	-
Charles J. Silva, Jr.	General Counsel	-
Richard A. Carlstrom	Vice President	-
Juhani Pakkala	Director	1/1/04
Erland E. Kailbourne	Director	1/1/99
Paula H. J. Cholmondeley, CPA	Director	2/18/05

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JUHANI PAKKALA has been a Director of the Company since 2004. Mr. Pakkala previously served as President and Chief Executive Officer of Metso Paper Inc. (formerly Valmet Corporation), in Finland, from 1999 until his retirement in July 2003. Metso Paper, a subsidiary of Metso Corporation, is one of the world's largest suppliers of pulp and paper process machinery and equipment. Prior to that time, Mr. Pakkala served in a number of executive... View Full Profile

Juhani Pakkala

ERLAND E. KAILBOURNE has been a Director of the Company since 1999. He currently serves as Chairman of the Board of Financial Institutions, Inc., and its wholly owned subsidiary, Five Star Bank, which provides commercial banking services to customers in Western and Central New York State. From May 2002 until March 2003 he served as Chairman and interim Chief Executive Officer of Adelphia Communications Corp. (Adelphia filed a petition under... View Full Profile

Erland E. Kailbourne

Dawne H. Wimbrow joined the Company in 1993. She has served the Company as Vice President- Global Information Services and Chief Information Officer since September 2005. She previously served the Company in various management positions in the Global Information Systems organization. From 1980 to 1993, she worked as a consultant supporting the design, development, and implementation of computer systems for various textile, real estate, insurance,... View Full Profile

Dawne H. Wimbrow

PAULA H. J. CHOLMONDELEY has been a Director of the Company since February 18, 2005. From 2000 to 2004, she was a Vice President and General Manager of Sappi Fine Papers, North America, responsible for the Specialty Products Division. She previously served in executive and financial positions in a number of corporations, including Owens Corning, the Faxon Company, Blue Cross of Greater Philadelphia and the Westinghouse Elevator Company. She also... View Full Profile

Paula H. J. Cholmondeley, CPA

Charles J. Silva, Jr. joined the Company in 1994. He has served the Company as Vice President- General Counsel and Secretary since 2002 and as Assistant Secretary since 1996. He served as Assistant General Counsel from 1994 until 2002. Prior to 1994, he was an associate with Cleary, Gottlieb, Steen and Hamilton, an international law firm with headquarters in New York City.... View Full Profile

Charles J. Silva, Jr.

CHRISTINE L. STANDISH has been a Director of the Company since 1997. From 1989 to 1991, she served the Company as a Corporate Marketing Associate, and was previously employed as a Graphic Designer for Skidmore, Owings & Merrill. She is a Director of the J. S. Standish Company, where she serves as President in charge of the Standish Family Foundation. She is a member of the Board of Trustees of the Albany Academies and Siena College. She is the... View Full Profile

Christine L. Standish

FRANK R. SCHMELER joined the Company in 1964. He has been a Director of the Company since 1997 and Chairman of the Board since 2001. He served as Chief Executive Officer from 2000 to December 30, 2005. He also served as President from 1998 to 2001, as Chief Operating Officer from 1997 to 2000, as Executive Vice President from 1997 to 1998, as Senior Vice President from 1988 to 1997, as Vice President and General Manager of the Felt Division from... View Full Profile

Frank R. Schmeler

JOHN C. STANDISH has been a Director of the Company since 2001. He previously served as Senior Vice President -Manufacturing, Americas Business Corridor from March 2005 to September 2007, Director of North American Dryer Manufacturing from 2003 to March 2005, Director, PAC Pressing and Process Technology from 2000 to 2003, Manager of the Company's forming and engineered fabrics manufacturing facility in Portland, Tennessee from 1998 to 2000,... View Full Profile

John C. Standish

JOSEPH G. MORONE joined the Company as President on August 1, 2005. He has been a Director of the Company since 1996. He has served as President and Chief Executive Officer since January 1, 2006. From 1997 to July 2005, Dr. Morone served as President of Bentley College. Prior to joining Bentley, Dr. Morone served as Dean of the Lally School of Management and Technology at Rensselaer Polytechnic Institute and held the Andersen Consulting... View Full Profile

Joseph G. Morone

Richard A. Carlstrom joined the Company in 1972. He has served the Company as Vice President- Controller since 1993, Controller since 1980, and Controller of a U.S. division from 1975 to 1980. Richard A. Carlstrom, the Registrant's Vice President-Controller and principal accounting officer, has informed the Registrant of his intention to retire from the Company effective March 31, 2008.... View Full Profile

Richard A. Carlstrom

Richard A. Carlstrom joined the Company in 1972. He has served the Company as Vice President- Controller since 1993, Controller since 1980, and Controller of a U.S. division from 1975 to 1980. Richard A. Carlstrom, the Registrant's Vice President-Controller and principal accounting officer, has informed the Registrant of his intention to retire from the Company effective March 31, 2008.... View Full Profile

Thomas R. Beecher, Jr.

EDGAR G. HOTARD has been a Director of the Company since November 9, 2006. He serves as Senior Advisor to MPM Capital and AEA Investors, is a Venture Partner with ARCH Venture Partners and Managing General Partner of Hotard Holdings Ltd., an investment partnership. He also serves as an advisor to the Monitor Group, a global strategy consulting firm, and as the Chairman of the Monitor Group (China). In 1999, Mr. Hotard retired as President and... View Full Profile

Edgar G. Hotard

Michael C. Nahl joined the Company in 1981. He has served the Company as Executive Vice President since March 1, 2005, and Chief Financial Officer since 1983. He served as Senior Vice President from 1983 to March 1, 2005, and prior to 1983 as Group Vice President. From 1965 to 1979 he served in marketing, financial, logistical, analytical, and management positions for the Exxon Corporation, and from 1979 to 1981 he was with General Refractories... View Full Profile

Michael C. Nahl

JOHN F. CASSIDY, JR. has been a Director of the Company since November 9, 2005. From January 1989 to May 2005, he served as Senior Vice President, Science and Technology, at United Technologies Corp. He served at the General Electric Corporate Research and Development Laboratories from 1981 to 1988. Dr. Cassidy is a member of the Board of Trustees of Rensselaer at Hartford, a member of the Connecticut Academy of Science and Engineering and a... View Full Profile

Dr. John F. Cassidy, Jr.

Daniel A. Halftermeyer joined the Company in 1987. He has served the Company as Group Vice President- PMC Europe since March 1, 2005, Vice President and General Manager- North American Dryer Fabrics from 1997 to March 1, 2005, and Technical Director- Dryer Fabrics from 1993 to 1997. He held various technical and management positions in St. Stephen, South Carolina, and Selestat, France, from 1987 to 1993.... View Full Profile

Daniel A. Halftermeyer

David B. Madden joined the Company in 1992. He has served the Company as Group Vice President- Asia and Pacific since April 1, 2006, Vice President and General Manager- Global Process Belts from 2003 to 2006, Vice President- Global Process Belts and Corporate Engineering from 1999 to 2003, and various marketing positions for North America Dryer Fabrics and Global Process Belts from 1992 to 1999. Prior to joining the Company he was with Willamette... View Full Profile

David B. Madden

Ralph M. Polumbo joined the Company in 2006. He has served the Company as Senior Vice President- Human Resources since April 3, 2006. From 2004 to April 2006 he served as Head of Human Capital for Deephaven Capital Management. From 1999 to 2004, he served as Vice President- Human Resources and Business Integration for MedSource Technologies. Prior to MedSource, he held the positions of Vice President- Integration, and Vice President- Human... View Full Profile

Ralph M. Polumbo

Christopher J. Connally joined the Company in 1981. He has served the Company as Corporate Treasurer since August 2005, and as Financial Director, Europe from 2000 until 2005. Prior to 2000, he served as Controller of several of the Company's business units in the United States and Europe.... View Full Profile

Christopher J. Connally

Michael J. Joyce joined the Company in 1987. He has served as Group Vice President- PMC Americas since March 1, 2007, Vice President Sales and Marketing- PMC Americas from March 1, 2005 to March 1, 2007, Vice President Marketing and Application- North American Press Fabrics from July 1, 2003 to March 1, 2005, and Vice President Marketing- Geschmay Corporate from 2002 to 2003. He held various sales, marketing, technical, and management positions... View Full Profile

Michael J. Joyce

Robert A. Hansen joined the Company in 1981. He has served the Company as Vice President- Corporate Research and Development since April 2006. He previously served the Company as Director of Technical and Marketing- Europe Press Fabrics from 2004. From 2000 to 2004, he served as the Technical Director- Press Fabrics, Goppingen, Germany. Previously he had the position of Technical Director in Dieren, The Netherlands, and had also held technical... View Full Profile

Robert A. Hansen

Joseph M. Gaug joined the Company in 2004. He has served the Company as Associate General Counsel since 2004 and as Assistant Secretary since 2006. Prior to 2004, he was a principal with McNamee, Lochner, Titus & Williams, P.C., a law firm located in Albany, New York.... View Full Profile

Joseph M. Gaug

Frank Kolf joined the Company in 2001. He has served the Company as Senior Vice President- Global Procurement and Supply Chain Management since January 19, 2006. He previously served the Company as Senior Vice President- Administration and Development from 2001. Prior to joining the Company, he served as Executive Vice President and Chief Financial Officer for the Wangner Group.... View Full Profile

Frank Kolf

Kenneth C. Pulver joined the Company in 1968. He has served the Company as Vice President- Global Marketing and Communications since April 5, 2005. He previously served the Company as Vice President - Corporate Communications since 1997 and as Vice President of Operations for Primaloft from 1992 to 1997. From 1984 to 1992 he served in various marketing positions with Albany Engineered Systems.... View Full Profile

Kenneth C. Pulver

William M. McCarthy joined the Company in 1977. He has served the Company as Executive Vice President- Global Planning, Engineering and Procurement since January 19, 2006. He previously served as Executive Vice President- PMC from March 1, 2005, Group Vice President- Technology and the Pacific Region from 2003 to March 1, 2005, Group Vice President- Canada, Pacific, and Latin America from 2001 to 2002, and Senior Vice President from 1997 to 2001,... View Full Profile

William M. McCarthy

On November 16, 2007, the Registrant's Board of Directors voted unanimously to elect David M. Pawlick to the position of Vice President-Controller, effective upon Mr. Carlstrom's retirement. Mr. Pawlick will be the Registrant's principal accounting officer as of such date. Mr. Pawlick currently serves as the Registrant's Director of Corporate Accounting, a position he has held since joining the Registrant in August 2000. From 1994 to 2000 he... View Full Profile

David M. Pawlick

Top Competitors: AIN

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Insider Trends: AIN
Sentiment for AIN is POSITIVE
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- 6M
- Market Value of Insider Sales
- Market Value of Insider Purchases
Total dollar value of all insider purchases and sales over 12 months
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Insider Transactions: AIN

Date	Name	Shares	Transaction Type	Market Value
05/09/08	CASSIDY JOHN F JR	1,474	Award of Stock Options	$49,998.08
05/09/08	HOTARD EDGAR GEORGE	1,474	Award of Stock Options	$49,998.08
05/09/08	CHOLMONDELEY PAULA H J	1,474	Award of Stock Options	$49,998.08