Albany International Corp. has appointed Christopher E. Stone as the new President of Albany Engineered Composites, Inc. This change is effective from August 12, 2024, succeeding Gregory Harwell in the role. Mr. Stone brings a wealth of experience from the A&D industry, having previously held leadership positions at Lockheed Martin Corporation, Aerojet Rocketdyne, and Textron companies.
Albany International Corp. operates two core businesses, with Albany Engineered Composites being a growing designer and manufacturer of advanced materials-based engineered components for demanding aerospace applications. The company supports both commercial and military platforms.
Albany International Corp. is headquartered in Rochester, New Hampshire, and operates 32 facilities in 14 countries, employing approximately 6,000 people worldwide. The company is listed on the New York Stock Exchange under the symbol AIN.
For more information about Albany International Corp. and its products and services, visit www.albint.com. The market has reacted to these announcements by moving the company's shares -3.4% to a price of $83.74. For the full picture, make sure to review Albany International's 8-K report.