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 (Date of earliest event reported) December 30, 2005
ALBANY INTERNATIONAL CORP.
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(Exact name of registrant as specified in its charter)
Delaware 0-16214 14-0462060
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
1373 Broadway, Albany, New York 12204
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (518) 445-2200
None
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(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:
|_| Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13a-4(c))
TABLE OF CONTENTS
Item 5.02 Departure of Directors or Principal Officers; Election of
Directors; Appointment of Principal Officers
Item 9.01 Financial Statements and Exhibits
SIGNATURES
EXHIBIT INDEX
99.1 Press Release entitled "Albany International Corp. Confirms CEO Succession"
Item 5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers.
(b) On May 13, 2005, the Company issued a press release entitled "Albany
International Corp. Announces CEO Successor," a copy of which was filed as an
exhibit to a Current Report on Form 8-K filed on May 18, 2005. On January 3,
2006, the Company issued a press release entitled "Albany International Corp.
Confirms CEO Succession" to confirm that the events described in the May 13
release had taken place. Joseph G. Morone, the Company's President since
September 1, 2005, became President and Chief Executive Officer on January 1,
2006, following the retirement of Frank R. Schmeler as Chief Executive Officer
on December 30, 2005. Mr. Schmeler remains Chairman of the Company's Board of
Directors.
Item 9.01 Financial Statements and Exhibits
Exhibit 99.1 Press release entitled "Albany International Corp. Confirms CEO
Succession"
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/ Michael C. Nahl
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Name: Michael C. Nahl
Title: Executive Vice President and
Chief Financial Officer
(Principal Financial Officer)
Date: January 3, 2006
Exhibit 99.1
ALBANY INTERNATIONAL CORP. CONFIRMS CEO SUCCESSION
Albany, New York, January 3, 2006 -- Albany International Corp.
(NYSE/PSE/FWB:AIN) reported today that, pursuant to action by its Board of
Directors announced in May 2005, Joseph G. Morone, President and a director of
the Company, assumed the additional responsibility of Chief Executive Officer on
January 1, 2006, succeeding Frank R. Schmeler. Mr. Schmeler continues to serve
as Chairman.
Albany International is the world's largest producer of paper machine
clothing and high-performance doors with manufacturing plants strategically
located to serve its customers throughout the world. Founded in 1895, the
Company is headquartered in Albany, New York, and employs approximately 5,700
people worldwide. Additional information about the Company and its businesses
and products is available at www.albint.com.