Albany International Management
Management criteria checks 1/4
Albany International's CEO is Gunnar Kleveland, appointed in Sep 2023, has a tenure of 1.33 years. total yearly compensation is $4.85M, comprised of 6.2% salary and 93.8% bonuses, including company stock and options. directly owns 0.026% of the company’s shares, worth €646.33K. The average tenure of the management team and the board of directors is 1.5 years and 4.1 years respectively.
Key information
Gunnar Kleveland
Chief executive officer
US$4.8m
Total compensation
| CEO salary percentage | 6.2% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.03% |
| Management average tenure | 1.5yrs |
| Board average tenure | 4.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$100m |
| Jun 30 2024 | n/a | n/a | US$109m |
| Mar 31 2024 | n/a | n/a | US$112m |
| Dec 31 2023 | US$5m | US$300k | US$111m |
Compensation vs Market: Gunnar's total compensation ($USD4.85M) is above average for companies of similar size in the German market ($USD2.20M).
Compensation vs Earnings: Insufficient data to compare Gunnar's compensation with company performance.
CEO
Gunnar Kleveland (54 yo)
1.3yrs
Tenure
US$4,847,149
Compensation
Mr. Gunnar Kleveland serves as President,CEO & Director of Albany International Corp. since September 1, 2023. He joined Albany International Corp. in 2023. He served as President and Chief Executive Offic...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.3yrs | US$4.85m | 0.026% € 646.3k | |
| Executive VP & CFO | 1.8yrs | US$2.61m | 0.012% € 281.5k | |
| VP, Secretary & General Counsel | 4.7yrs | US$1.36m | 0.022% € 531.3k | |
| VP, Controller & Chief Accounting Officer | 2yrs | no data | no data | |
| Senior VP & CTO | 15yrs | US$743.94k | 0.027% € 654.4k | |
| Vice President of Investor Relations & Treasurer | no data | no data | no data | |
| Vice President of Corporate Communications | no data | no data | no data | |
| Chief Human Resource Officer | less than a year | no data | no data | |
| President of Machine Clothing | less than a year | no data | no data | |
| President of Albany Engineered Composites | 1yr | no data | no data | |
| Director of Investor Relations | no data | no data | no data |
1.5yrs
Average Tenure
55yo
Average Age
Experienced Management: AII's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.3yrs | US$4.85m | 0.026% € 646.3k | |
| Independent Director | 8.1yrs | US$257.50k | 0.039% € 957.9k | |
| Independent Director | 11.7yrs | US$251.75k | 0.051% € 1.2m | |
| Independent Director | 4.1yrs | US$216.50k | 0.032% € 790.6k | |
| Independent Chairman | 12.9yrs | US$236.00k | 0.062% € 1.5m | |
| Independent Director | 2.9yrs | US$211.50k | 0.0089% € 217.8k | |
| Independent Director | 5.7yrs | US$215.50k | 0.034% € 826.8k | |
| Independent Director | 2.8yrs | US$210.50k | 0.013% € 307.7k | |
| Independent Director | less than a year | no data | no data |
4.1yrs
Average Tenure
61yo
Average Age
Experienced Board: AII's board of directors are considered experienced (4.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/23 19:34 |
| End of Day Share Price | 2025/01/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Albany International Corp. is covered by 16 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Peter Arment | Baird |
| Ronald Epstein | BofA Global Research |
| Jason Ursaner | CJS Securities, Inc. |