People: Albany International Corp (AIN.N)

AIN.N on New York Stock Exchange

16 Aug 2019
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$0.77 (+0.94%)
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Wortham, Lee 

Mr. Lee C. Wortham is the Director of Albany International Corporation. Mr. Wortham has been a Director of the Company since May 2018. He has been a partner and COO at Barrantys LLC, a consultant and service provider to wealthy families and family offices, since 2007. In this capacity, he has been an adviser to the Standish family for many years, and is a director and executive officer of the J.S. Standish Company. From 2005 to 2007, he served as Executive Vice President at First Niagara Financial Group, Inc., where his responsibilities included wealth management, risk management, and corporate marketing, and from 1999 to 2005 he was Executive Vice President of Global Private Client Services, Product Development, and Central Operations at The Bank of New York. Mr. Wortham held several positions at Chase Manhattan Bank and Chemical Bank (currently JP Morgan Chase & Co.) from 1985 to 1999, including leading the Global Private Bank’s activities in Europe, the Middle East, and Africa while based in London, England. He started his career at M&T Bank in retail banking from 1980 to 1985. Mr. Wortham has been a director of Evans Bancorp, Inc., since 2011, and currently serves as Chairman. Mr. Wortham’s extensive experience in the financial services industry makes him a valuable member of our Board; as a long-time advisor to the Standish family, and director and executive officer of the J.S. Standish Company, his membership also maintains the continuity of the Company’s relationship with the Standish family, the Company’s controlling shareholder, following the retirement of John C. Standish in 2018.

Basic Compensation

Total Annual Compensation, USD 58,154
Restricted Stock Award, USD 89,982
Long-Term Incentive Plans, USD --
All Other, USD --
Fiscal Year Total, USD 148,136

Options Compensation

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