United States

People: Albany International Corp (AIN)

AIN on New York Consolidated

28 Apr 2017
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Morone, Joseph 

Dr. Joseph G. Morone is a President, Chief Executive Officer, Director of Albany International Corp. joined the Company as President on August 1, 2005. He has been a Director of the Company since 1996 and has served as President and Chief Executive Officer since 2006. From 1997 to July 2005, Dr. Morone served as President of Bentley University. Prior to joining Bentley, Dr. Morone served as Dean of the Lally School of Management and Technology at Rensselaer Polytechnic Institute, where he held the Andersen Consulting Professorship of Management. He serves as the Presiding Director of Transworld Entertainment Corporation, and serves on the Board of Trustees of the University System of New Hampshire. In addition to extensive knowledge of the Company and its operations gained as Chief Executive Officer, Dr. Morone’s other contributions to the Board include experience leading other complex organizations, and his understanding of technology strategy and other issues confronting business organizations.

Basic Compensation

Total Annual Compensation, USD 811,000
Restricted Stock Awards, USD 1,556,240
Long-Term Incentive Plans, USD --
All Other, USD 1,486,980
Fiscal Year Total, USD 3,854,220

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --