Albany International Management
Management criteria checks 2/4
Albany International's CEO is Gunnar Kleveland, appointed in Sep 2023, has a tenure of 1.17 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 $663.55K. The average tenure of the management team and the board of directors is 1.4 years and 3.9 years respectively.
Key information
Gunnar Kleveland
Chief executive officer
US$4.8m
Total compensation
| CEO salary percentage | 6.2% |
| CEO tenure | 1.2yrs |
| CEO ownership | 0.03% |
| Management average tenure | 1.4yrs |
| Board average tenure | 3.9yrs |
Recent management updates
Recent updates
Is Now The Time To Look At Buying Albany International Corp. (NYSE:AIN)?
Oct 21
Albany International Corp.'s (NYSE:AIN) Intrinsic Value Is Potentially 48% Above Its Share Price
Sep 19Shareholders Can Be Confident That Albany International's (NYSE:AIN) Earnings Are High Quality
Aug 16Albany International Corp. Just Missed EPS By 9.8%: Here's What Analysts Think Will Happen Next
Aug 09Albany International Corp.'s (NYSE:AIN) Popularity With Investors Is Under Threat From Overpricing
Jul 28Returns On Capital At Albany International (NYSE:AIN) Have Stalled
Jul 12Should You Think About Buying Albany International Corp. (NYSE:AIN) Now?
Jun 23Is There An Opportunity With Albany International Corp.'s (NYSE:AIN) 38% Undervaluation?
Jun 08Albany International (NYSE:AIN) Has A Pretty Healthy Balance Sheet
Apr 12Albany International (NYSE:AIN) Hasn't Managed To Accelerate Its Returns
Mar 27Is Now An Opportune Moment To Examine Albany International Corp. (NYSE:AIN)?
Feb 26Is There An Opportunity With Albany International Corp.'s (NYSE:AIN) 32% Undervaluation?
Feb 12Albany International Corp.'s (NYSE:AIN) Popularity With Investors Is Clear
Jan 24We Think Albany International (NYSE:AIN) Can Stay On Top Of Its Debt
Jan 11Albany International's (NYSE:AIN) Upcoming Dividend Will Be Larger Than Last Year's
Dec 14Is There Now An Opportunity In Albany International Corp. (NYSE:AIN)?
Nov 08Returns On Capital At Albany International (NYSE:AIN) Have Stalled
Oct 25Is Albany International (NYSE:AIN) Using Too Much Debt?
Oct 12Are Investors Undervaluing Albany International Corp. (NYSE:AIN) By 35%?
Sep 13Albany International: Not As Expensive As It Looks
Aug 29Should You Think About Buying Albany International Corp. (NYSE:AIN) Now?
Aug 01We Like These Underlying Return On Capital Trends At Albany International (NYSE:AIN)
Jul 17Albany International: Going More International
Jun 20Estimating The Intrinsic Value Of Albany International Corp. (NYSE:AIN)
Jun 09Albany International Is Highly Profitable And The Balance Sheet Is Very Strong
May 30Albany International (NYSE:AIN) Seems To Use Debt Quite Sensibly
May 25Albany International (NYSE:AIN) Is Doing The Right Things To Multiply Its Share Price
Mar 15Albany International's (NYSE:AIN) Dividend Will Be Increased To $0.25
Mar 02Albany declares $0.25 dividend
Feb 24We Think You Can Look Beyond Albany International's (NYSE:AIN) Lackluster Earnings
Feb 20Albany Non-GAAP EPS of $0.75 beats by $0.09, revenue of $268.8M beats by $27.48M
Feb 13What Is Albany International Corp.'s (NYSE:AIN) Share Price Doing?
Feb 06Calculating The Intrinsic Value Of Albany International Corp. (NYSE:AIN)
Jan 04Albany International: Despite Operational Improvements, I Am Wary Of Valuation
Dec 21Albany International (NYSE:AIN) Is Increasing Its Dividend To $0.25
Dec 16Albany raises quarterly dividend by 19% to $0.25/share
Dec 09Investors Will Want Albany International's (NYSE:AIN) Growth In ROCE To Persist
Nov 30These 4 Measures Indicate That Albany International (NYSE:AIN) Is Using Debt Reasonably Well
Nov 10CEO 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 about average for companies of similar size in the US market ($USD6.60M).
Compensation vs Earnings: Insufficient data to compare Gunnar's compensation with company performance.
CEO
Gunnar Kleveland (54 yo)
1.2yrs
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 | 1.2yrs | US$4.85m | 0.026% $ 663.6k | |
| Executive VP & CFO | 1.6yrs | US$2.61m | 0.012% $ 289.0k | |
| VP, Secretary & General Counsel | 4.5yrs | US$1.36m | 0.022% $ 545.5k | |
| VP, Controller & Chief Accounting Officer | 1.8yrs | no data | no data | |
| Senior VP & CTO | 14.8yrs | US$743.94k | 0.027% $ 671.8k | |
| 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 | no data | no data | no data | |
| President of Machine Clothing | less than a year | no data | no data | |
| President of Albany Engineered Composites | less than a year | no data | no data | |
| Director of Investor Relations | no data | no data | no data |
1.4yrs
Average Tenure
55yo
Average Age
Experienced Management: AIN's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.2yrs | US$4.85m | 0.026% $ 663.6k | |
| Independent Director | 7.9yrs | US$257.50k | 0.039% $ 983.4k | |
| Independent Director | 11.5yrs | US$251.75k | 0.051% $ 1.3m | |
| Independent Director | 3.9yrs | US$216.50k | 0.032% $ 811.7k | |
| Independent Chairman | 12.8yrs | US$236.00k | 0.062% $ 1.6m | |
| Independent Director | 2.8yrs | US$211.50k | 0.0089% $ 223.6k | |
| Independent Director | 5.5yrs | US$215.50k | 0.034% $ 848.8k | |
| Independent Director | 2.7yrs | US$210.50k | 0.013% $ 315.9k | |
| Independent Director | less than a year | no data | no data |
3.9yrs
Average Tenure
61yo
Average Age
Experienced Board: AIN's board of directors are considered experienced (3.9 years average tenure).