Albany International Management
Management criteria checks 3/4
Albany International's CEO is Gunnar Kleveland, appointed in Sep 2023, has a tenure of less than a year. total yearly compensation is $4.85M, comprised of 6.2% salary and 93.8% bonuses, including company stock and options. directly owns 0.018% of the company’s shares, worth $496.33K. The average tenure of the management team and the board of directors is 4.2 years and 4.9 years respectively.
Key information
Gunnar Kleveland
Chief executive officer
US$4.8m
Total compensation
| CEO salary percentage | 6.2% |
| CEO tenure | less than a year |
| CEO ownership | 0.02% |
| Management average tenure | 4.2yrs |
| Board average tenure | 4.9yrs |
Recent management updates
Recent updates
Albany International (NYSE:AIN) Has A Pretty Healthy Balance Sheet
Apr 12
Albany 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 10Is Now The Time To Look At Buying Albany International Corp. (NYSE:AIN)?
Oct 11Albany International Corp.'s (NYSE:AIN) Intrinsic Value Is Potentially 81% Above Its Share Price
Sep 28Here's Why Albany International (NYSE:AIN) Has Caught The Eye Of Investors
Sep 13Albany International (NYSE:AIN) Has Affirmed Its Dividend Of $0.21
Aug 29Albany declares $0.21 dividend
Aug 25Albany International (NYSE:AIN) Shareholders Will Want The ROCE Trajectory To Continue
Aug 23Is Albany International (NYSE:AIN) Using Too Much Debt?
Aug 10Albany Non-GAAP EPS of $1.06 beats by $0.24, revenue of $261.37M beats by $22.23M
Jul 25Albany International (NYSE:AIN) Has Re-Affirmed Its Dividend Of US$0.21
May 26Returns On Capital Are Showing Encouraging Signs At Albany International (NYSE:AIN)
May 19These 4 Measures Indicate That Albany International (NYSE:AIN) Is Using Debt Reasonably Well
May 04Albany International Corp. (NYSE:AIN) Shares Could Be 27% Below Their Intrinsic Value Estimate
Apr 19Albany International (NYSE:AIN) Will Pay A Dividend Of US$0.21
Mar 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 ($USD6.57M).
Compensation vs Earnings: Insufficient data to compare Gunnar's compensation with company performance.
CEO
Gunnar Kleveland (53 yo)
less than a year
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 | less than a year | US$4.85m | 0.018% $ 496.3k | |
| Executive VP & CFO | less than a year | US$2.61m | 0.0052% $ 141.7k | |
| VP, Secretary & General Counsel | 3.9yrs | US$1.36m | 0.019% $ 511.7k | |
| President of Machine Clothing | 12.2yrs | US$3.98m | 0.20% $ 5.6m | |
| President of Albany Engineered Composites | 4.4yrs | US$3.28m | 0.041% $ 1.1m | |
| VP, Controller & Chief Accounting Officer | 1.3yrs | no data | no data | |
| Senior VP & CTO | 14.3yrs | US$743.94k | 0.023% $ 646.3k | |
| Director of Investor Relations | no data | no data | no data | |
| Vice President of Corporate Communications | no data | no data | no data | |
| Executive VP of Human Resources & Chief Human Resources Officer | 6.1yrs | US$880.26k | 0.020% $ 556.9k |
4.2yrs
Average Tenure
58.5yo
Average Age
Experienced Management: AIN's management team is considered experienced (4.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | US$4.85m | 0.018% $ 496.3k | |
| Independent Director | 7.3yrs | US$257.50k | 0.034% $ 947.5k | |
| Independent Director | 25.3yrs | US$273.25k | 0.16% $ 4.3m | |
| Independent Director | 10.9yrs | US$251.75k | 0.051% $ 1.4m | |
| Independent Director | 3.3yrs | US$216.50k | 0.024% $ 672.7k | |
| Independent Chairman | 12.2yrs | US$236.00k | 0.063% $ 1.7m | |
| Independent Director | 2.2yrs | US$211.50k | 0.0089% $ 246.0k | |
| Independent Director | 4.9yrs | US$215.50k | 0.029% $ 799.5k | |
| Director | 7.6yrs | US$4.70m | 0.21% $ 5.8m | |
| Independent Director | 2.1yrs | US$210.50k | 0.0078% $ 213.5k | |
| Independent Director | less than a year | no data | no data |
4.9yrs
Average Tenure
64yo
Average Age
Experienced Board: AIN's board of directors are considered experienced (4.9 years average tenure).