Albany International Director Departs; Officer Compensation & Filings
Ticker: AIN · Form: 8-K · Filed: Feb 27, 2025 · CIK: 819793
| Field | Detail |
|---|---|
| Company | Albany International Corp /De/ (AIN) |
| Form Type | 8-K |
| Filed Date | Feb 27, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: director-departure, officer-compensation, filings
Related Tickers: AIN
TL;DR
Albany International director Kevin Burke is out. Other officer comp and filings also dropped.
AI Summary
Albany International Corp. announced on February 21, 2025, the departure of director Kevin M. Burke. The company also reported on compensatory arrangements for certain officers and filed financial statements and exhibits. The filing does not disclose specific financial figures related to these events.
Why It Matters
The departure of a director can signal internal changes or strategic shifts within the company. The filing also covers routine updates on officer compensation and financial reporting.
Risk Assessment
Risk Level: low — This filing primarily concerns director departure and routine corporate updates, with no immediate financial implications disclosed.
Key Players & Entities
- Kevin M. Burke (person) — Departing Director
- Albany International Corp. (company) — Registrant
- Delaware (jurisdiction) — State of incorporation
- New Hampshire (jurisdiction) — State of principal executive offices
FAQ
Who is Kevin M. Burke and why did he depart from Albany International Corp.?
Kevin M. Burke was a director of Albany International Corp. The filing states his departure but does not provide a reason.
What specific compensatory arrangements for officers are detailed in this filing?
The filing indicates that compensatory arrangements for certain officers are being reported, but the specific details of these arrangements are not provided within the summary information.
What are the key financial statements or exhibits filed with this 8-K?
The filing states that financial statements and exhibits are included, but the specific content of these documents is not detailed in the provided summary.
When was the earliest event reported in this Form 8-K?
The earliest event reported in this Form 8-K was on February 21, 2025.
What is Albany International Corp.'s principal executive office address?
Albany International Corp.'s principal executive office is located at 216 Airport Drive, Rochester, New Hampshire 03867.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on February 27, 2025 by Kevin M. Burke regarding ALBANY INTERNATIONAL CORP /DE/ (AIN).