Albany International Names Merle Stein President of Machine Clothing

Albany International (AIN) has issued an announcement.

Albany International Corp. has appointed Merle Stein as the new President of its Machine Clothing segment, taking office on September 1, 2024. Stein, formerly the Chief Operating Officer, steps up as Daniel Halftermeyer shifts focus to the integration of the Heimbach acquisition and a smooth leadership transition. The company’s official announcement also includes details on Stein’s compensation package.

See more insights into AIN stock on TipRanks’ Stock Analysis page.