Albany International Corp. (NYSE: AIN) today announced that Willard Station, Executive Vice President and Chief Financial Officer, is taking a medical leave of absence.

The Albany International Board of Directors has appointed Sean Valashinas, the Company’s Controller and Chief Accounting Officer, as acting CFO, effective immediately. Prior to joining the Company in 2025, Mr. Valashinas served as Vice President, Accounting, Treasury, and Tax at Resonetics, a leading manufacturer in the medical device industry. Prior to that, Mr. Valashinas worked for Standex International Corporation, a publicly traded global industrial manufacturing company, from 2007 to 2024, and was its Vice President, Chief Accounting Officer & Assistant Treasurer. Mr. Valashinas is a Certified Public Accountant who holds an Accounting degree from the University of Scranton and received an MBA from Boston University.

About Albany International Corp.

Albany is a leading materials science developer and manufacturer of engineered components, using advanced materials processing and automation capabilities, with two core businesses:

  • Machine Clothing is the world’s leading producer of custom-designed consumable belts, essential for the manufacture of paper, paperboard, tissue, and towel, as well as pulp, non-wovens, and a variety of other industrial applications.

  • Albany Engineered Composites is a growing designer and manufacturer of advanced materials-based engineered components for demanding aerospace applications, supporting both commercial and military platforms.

Albany International is headquartered in Portsmouth, New Hampshire, operates 25 facilities in 12 countries, employs approximately 5,700 people worldwide, and is listed on the New York Stock Exchange (Symbol AIN). Additional information about the Company and its products and services can be found at www.albint.com.

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