The estimated Net Worth of Erland E Kailbourne is at least $1.1 Milion dollars as of 13 March 2023. Mr. Kailbourne owns over 1,000 units of Albany International stock worth over $914,605 and over the last 22 years he sold AIN stock worth over $0. In addition, he makes $184,000 as Independent Chairman of the Board at Albany International.
Erland has made over 16 trades of the Albany International stock since 2004, according to the Form 4 filled with the SEC. Most recently he bought 1,000 units of AIN stock worth $13,680 on 13 March 2023.
The largest trade he's ever made was buying 16,667 units of Albany International stock on 13 December 2016 worth over $50,001. On average, Erland trades about 1,194 units every 124 days since 2003. As of 13 March 2023 he still owns at least 10,861 units of Albany International stock.
You can see the complete history of Mr. Kailbourne stock trades at the bottom of the page.
Erland E. Kailbourne serves as Independent Chairman of the Board of the Company. He has been a Director of the Company since 1999 and Chairman of the Board since January 20, 2020. He previously served as Chairman 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 Chairman of the Board of Rand Capital Corporation, and a director or 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.
As the Independent Chairman of the Board of Albany International, the total compensation of Erland Kailbourne at Albany International is $184,000. There are 12 executives at Albany International getting paid more, with Joseph Gaug having the highest compensation of $2,637,530.
Erland Kailbourne is 78, he's been the Independent Chairman of the Board of Albany International since 2020. There are no older and 23 younger executives at Albany International.
Erland's mailing address filed with the SEC is C/O ALBANY INTERNATIONAL CORP., 216 AIRPORT DRIVE, ROCHESTER, NH, 03867.
Over the last 22 years, insiders at Albany International have traded over $233,848,503 worth of Albany International stock and bought 12,982 units worth $454,665 . The most active insiders traders include Christine L Standish, Michael C Nahl oraz Frank R Schmeler. On average, Albany International executives and independent directors trade stock every 37 days with the average trade being worth of $1,961,840. The most recent stock trade was executed by Gregory N Harwell on 7 August 2024, trading 4,316 units of AIN stock currently worth $363,450.
albany international is a global advanced textiles and materials processing company with two core businesses. machine clothing (mc) is the world’s leading producer of custom-designed fabrics and belts essential to production in the paper, nonwovens, and other process industries. mc has a global market share of approximately 30%, compared to 15% estimated share for the next largest competitor. albany engineered composites (aec ) is a rapidly growing supplier of highly engineered composite parts for the aerospace industry. aec is the sole supplier of fan blades, fan cases and other advanced composite components for the cfm leap engine; current estimates for annual leap production rates are approximately 1600 engines by the end of the decade, for which aec will deliver approximately 100,000 parts per year. albany international is headquartered in rochester, new hampshire, and operates 18 plants in 11 countries (united states, canada, mexico, brazil, france, united kingdom, germany, italy,
Albany International executives and other stock owners filed with the SEC include: