UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report: February 10, 2022
(Date of earliest event reported)
| (Exact name of registrant as specified in its charter) | ||||||||
(State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S Employer Identification No.) | ||||||
(Address of principal executive offices) | (Zip Code) | ||||
Registrant’s telephone number, including area code 603 -330-5850
None | ||
(Former name or former address, if changed since last report.) | ||
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
The New York Stock Exchange ( | ||||||||||||||
The New York Stock Exchange ( | ||||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter).
¨ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act
Item 5.02. Election of Director.
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. The Board also appointed Ms. Alvord to the Board’s Compensation Committee. A copy of Albany’s news release announcing Ms. Alvord’s election is filed as Exhibit 99.1 to this report.
Upon her election, Ms. Alvord entered into an indemnification agreement with Albany, the form of which has been previously filed as Exhibit 10(t) to a Current Report on Form 8-K filed on April 12, 2006.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits. The following exhibit is being furnished herewith:
99.1 News Release dated February 10, 2022.
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ALBANY INTERNATIONAL CORP. | |||||||||||
By: | /s/ Stephen M. Nolan | ||||||||||
Name: | Stephen M. Nolan | ||||||||||
Title: | Chief Financial Officer and Treasurer | ||||||||||
(Principal Financial Officer) | |||||||||||
Date: February 10, 2022
EXHIBIT INDEX
Exhibit No. | Description | ||||
| 99.1 | |||||
| 104 | Inline XBRL cover page. | ||||
Exhibit 99.1
NEWS RELEASE 
CHRISTINA ALVORD Elected to
Albany International Corp. Board OF DIRECTORS
Rochester, New Hampshire, February 10, 2022 – Albany International Corp. (NYSE:AIN) announced today that Christina M. Alvord has been elected to its Board of Directors.
Ms. Alvord, age 54, served in various roles at Vulcan Materials Company, from 2015 to 2021, including President, Southern and Gulf Coast Division; President, Central Division; and Vice President, Performance Improvement. Prior to 2015 Ms. Alvord held various technical and executive leadership positions at the GE Aviation unit of General Electric Company, including General Manager, Turbine Airfoils Center of Excellence; President, Unison Industries; and President, Middle River Aircraft Systems. Ms. Alvord holds a B.S. degree in Political Science, and a B.S. and M.S. degree in Mechanical Engineering, all from Massachusetts Institute of Technology, and an M.B.A. from Harvard Graduate School of Business Administration.
Albany International Chairman Erland (Erkie) Kailbourne said, “Christy’s extensive experience in manufacturing environments, particularly her managerial and leadership skills, as well as her previous responsibilities with GE Aviation, will contribute to the Company’s focus on lean manufacturing and continuous improvement processes, particularly as it continues to ramp its Albany Engineered Composites segment. She brings to the role significant knowledge and experience regarding talent management, manufacturing operations and strategic development in the aerospace industry. Ms. Alvord will be a valuable contributor to our Board, and I take great pleasure in welcoming her as a new Director.”
Albany International Corp.
216 Airport Dr.
Rochester, NH 03867 USA
www.albint.com
About Albany International Corp.
Albany International is a leading developer and manufacturer of engineered components, using advanced materials processing and automation capabilities, with two core businesses. Machine Clothing is the world’s leading producer of custom-designed, consumable fabrics and process belts essential for the manufacture of all grades of paper products. Albany Engineered Composites is a growing designer and manufacturer of advanced materials-based engineered components for demanding aerospace applications, supporting both commercial and military platforms. Albany International is headquartered in Rochester, New Hampshire, operates 23 facilities in 11 countries, employs approximately 4,100 people worldwide, and is listed on the New York Stock Exchange (Symbol AIN). Additional information about the Company and its products and services can be found at www.albint.com.
# # #
Contacts:
John Hobbs
603-330-5897
john.hobbs@albint.com