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Albany International names new board chairman and director

EditorNatashya Angelica
Published 23/02/2024, 22:36
© Reuters.
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ROCHESTER, N.H. - Albany International Corp . (NYSE:AIN), a global developer and manufacturer of engineered components, announced the appointment of John R. Scannell as Chairman of the Board and the election of Bonnie C. Lind as a new board member.

Ms. Lind, 65, brings extensive financial experience to the board, having served as Senior Vice President, CFO & Treasurer at Neenah Inc. until October 2020. Her career includes senior roles at Kimberly-Clark Corporation (NYSE:KMB) and board positions with Hubbell Incorporated and Mission Produce. She holds a Bachelor of Business Administration from the University of Georgia.

John R. Scannell, 60, succeeds Erland Kailbourne, who remains a director to assist with the transition. Scannell, the retired CEO and current Chairman at Moog, Inc., has been part of Albany's board since 2012. His appointment is part of a planned succession process.

Kailbourne expressed confidence in Scannell's capabilities to lead the board and welcomed Lind for her financial acumen and industry knowledge. Scannell acknowledged Kailbourne's contributions to Albany, particularly highlighting the company's expansion into the aerospace sector and the acquisition of Heimbach.

Albany International operates 32 facilities across 14 countries and employs around 5,600 people. The company is known for its Machine Clothing division, a leading producer of consumable belts for paper product manufacturing, and its Albany Engineered Composites division, which designs and manufactures components for aerospace applications.

The information for this article is based on a press release statement from Albany International Corp.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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