-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, EeZnl2jMrejZ3mC+HA7GHq1CR9aPwMoeTvPakkdYJxB12eZgQzxGAzSy0yRG7B0/ 244aIlD18p5W3m71BXR1Wg== 0000891092-08-002548.txt : 20080513 0000891092-08-002548.hdr.sgml : 20080513 20080513155436 ACCESSION NUMBER: 0000891092-08-002548 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20080509 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20080513 DATE AS OF CHANGE: 20080513 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ALBANY INTERNATIONAL CORP /DE/ CENTRAL INDEX KEY: 0000819793 STANDARD INDUSTRIAL CLASSIFICATION: BROADWOVEN FABRIC MILS, MAN MADE FIBER & SILK [2221] IRS NUMBER: 140462060 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10026 FILM NUMBER: 08827594 BUSINESS ADDRESS: STREET 1: 1373 BROADWAY CITY: ALBANY STATE: NY ZIP: 12204 BUSINESS PHONE: 5184452200 MAIL ADDRESS: STREET 1: 1373 BROADWAY CITY: ALBANY STATE: NY ZIP: 12204 FORMER COMPANY: FORMER CONFORMED NAME: ALBINT INC DATE OF NAME CHANGE: 19870924 8-K 1 e31591_8k.txt FORM 8-K 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 (Date of earliest event reported) May 9, 2008 ALBANY INTERNATIONAL CORP. ------------------------------------------------------ (Exact name of registrant as specified in its charter) Delaware 1-10026 14-0462060 - -------------------------------------------------------------------------------- (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.) 1373 Broadway, Albany, New York 12204 --------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (518) 445-2200 None -------------------------------------------------------------- (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: |_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13a-4(c)) Item 8.01. Other Events. Albany International Corp. (the "Company") issued a news release on May 9, 2008 announcing the appointment of Erland E. ("Erkie") Kailbourne as the Company's new Chairman and John C. Standish as Vice-Chairman. A copy of the release is being filed herewith. Item 9.01. Financial Statements and Exhibits. (d) Exhibits. 99.1 News Release dated May 9, 2008. 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/ Michael C. Nahl ----------------------------------- Name: Michael C. Nahl Title: Executive Vice President and Chief Financial Officer Date: May 13, 2008 EXHIBIT INDEX Exhibit No. Description - ----------- ----------- 99.1 News Release dated May 9, 2008 EX-99.1 2 e31591ex99_1.txt PRESS RELEASE Exhibit 99.1 Albany International Corp. Names New Chairman and Vice-Chairman Albany, New York, May 9, 2008 - At its regular meeting preceding the Annual Meeting of Stockholders today, the Board of Directors of Albany International Corp. (NYSE:AIN) elected Erland E. (Erkie) Kailbourne as Chairman of the Board. Frank R. Schmeler retired as Chairman, culminating 44 years of outstanding service to the Company. Mr. Kailbourne has been a Director of the Company since 1999. He currently serves as Chairman of the Board of Financial Institutions, Inc., and its wholly owned subsidiary, Five Star Bank, which provides commercial banking services to customers in Western and Central New York State. He retired as Chairman and Chief Executive Officer (New York Region) of Fleet National Bank, a banking subsidiary of Fleet Financial Group, Inc., in 1998. At the same time, the Board also elected John C. Standish to the new position of Vice-Chairman. John has served as a Director of the Company since 2001. He was formerly employed by the Company in a number of management roles, serving most recently as Senior Vice President--Manufacturing, Americas Business Corridor. He also serves as Director of the United Way of the Greater Capital Region. He is the brother of Director Christine L. Standish and the son of Chairman Emeritus J. Spencer Standish. He departed from the Company as an employee on January 31, 2008, in order to focus on his duties as a Company Director and as Chairman of the J.S. Standish Company. The J.S. Standish Company, together with J. Spencer Standish, Christine L. Standish, John C. Standish and Thomas R. Beecher, Jr., as trustee forvarious Standish family trusts, hold in the aggregate shares of Class A and Class B Common Stock entitling them to cast approximately 55% of the combined votes entitled to be cast by all stockholders of the Company. Thomas R. Beecher, Jr., who served the Company as a Director since 1969, also retired from the Board today. During the Annual Meeting, Mr. Schmeler and Mr. Beecher were honored for their contributions to Albany International. In a resolution read into the proceedings of the meeting, they were commended for their combined 87 years of service to the Company, for their unwavering dedication to the Company's shareholders and employees, and for their outstanding leadership during the many challenges that faced the Company during their years of service. Albany International is a global advanced textiles and materials processing company. Its core business is the world's leading producer of custom-designed fabrics and belts essential to the production of paper and paperboard. Albany's family of emerging businesses extends its advanced textiles and materials capabilities into a variety of other industries, most notably aerospace composites, nonwovens, building products, and high-performance industrial doors. Additional information about the Company and its businesses and products is available at www.albint.com. -----END PRIVACY-ENHANCED MESSAGE-----