Albany International Corporation filed SEC Form 8-K: Leadership Update
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Consumer Discretionary
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: March 10, 2025
(Date of earliest event reported)
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 10, 2025, Albany International Corp. (“the Company”) accepted the resignation of John J. Tedone, its Vice President – Controller and Chief Accounting Officer, effective March 20, 2025. Mr. Tedone, who will continue in his position until that date, announced he was leaving the Company to pursue another professional opportunity. Mr. Tedone’s departure is not related to any issues or disagreements regarding the Company’s financial statement disclosures or accounting policies or practices. Mr. Tedone has been the Company’s Controller and Chief Accounting Officer since May 1, 2023. The Company has commenced a search for Mr. Tedone’s successor. Robert Starr, the Company’s Executive Vice President and Chief Financial Officer will assume the role of Principal Accounting Officer on an interim basis until a successor is named. Mr. Starr’s biographical information is set forth in the Company’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission on February 26, 2025, and such information is incorporated herein by reference. No new compensatory arrangements will be entered into with Mr. Starr in connection with his assuming the responsibilities as the Company’s interim Principal Accounting Officer.
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/ Robert D. Starr | ||||||||||
Name: | Robert D. Starr | ||||||||||
Title: | Executive Vice President and Chief Financial Officer | ||||||||||
(Principal Financial Officer) | |||||||||||
Date: March 14, 2025
EXHIBIT INDEX
Exhibit No. | Description | ||||
| 104 | Inline XBRL cover page. | ||||