People: Albany International Corp (AIN.N)

AIN.N on New York Stock Exchange

19 Sep 2019
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Kailbourne, Erland 

Mr. Erland E. Kailbourne is Independent Director of the company. He has been a Director of the Company since 1999 and served as Chairman of the Board from May 2008 until February 2019. 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. He was Chairman and Chief Executive Officer of Fleet Bank, also a banking subsidiary of Fleet Financial Group, Inc., from 1993 until its merger into Fleet National Bank in 1997, and also served as Vice Chairman of the State University of New York from 1995 until 1999. He is a Director of Rand Capital Corporation, Allegany Co-op Insurance Company and Rev LNG, LLC. Mr. Kailbourne’s broad experience as a director on numerous boards of public and private companies and foundations, his 38 years of experience in banking and finance, and his operational experience as chief executive officer of large organizations make him a valuable addition to the board of any public or private company, especially in oversight of risk management, liquidity, and finance matters.

Basic Compensation

Total Annual Compensation, USD 71,012
Restricted Stock Award, USD 159,988
Long-Term Incentive Plans, USD --
All Other, USD --
Fiscal Year Total, USD 231,000

Options Compensation

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