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Albany International Corp. Appoints Christopher E. Stone as President, Albany Engineered Composites

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Albany International Corp. (NYSE: AIN) has appointed Christopher Stone as President of Albany Engineered Composites, Inc., effective August 12, 2024. Stone, 52, brings extensive experience in the A&D industry, with a focus on manufacturing, supply chain management, and organizational transformation. He previously served as Vice President & Chief Supply Chain Officer at Lockheed Martin and held leadership positions at Aerojet Rocketdyne and Textron companies. Stone replaces Gregory Harwell in this role. The company expects Stone's strategic capabilities and operational expertise to contribute to AEC's competitive advantage in on-time delivery of quality products.

Albany International Corp. (NYSE: AIN) ha nominato Christopher Stone Presidente di Albany Engineered Composites, Inc., a partire dal 12 agosto 2024. Stone, 52 anni, porta con sé una vasta esperienza nel settore A&D, con un focus sulla produzione, gestione della catena di approvvigionamento e trasformazione organizzativa. In precedenza ha ricoperto il ruolo di Vice Presidente e Chief Supply Chain Officer presso Lockheed Martin e ha avuto posizioni di leadership nelle aziende Aerojet Rocketdyne e Textron. Stone sostituisce Gregory Harwell in questo ruolo. L'azienda si aspetta che le capacità strategiche e l'expertise operativa di Stone contribuiscano al vantaggio competitivo di AEC nella consegna puntuale di prodotti di qualità.

Albany International Corp. (NYSE: AIN) ha nombrado a Christopher Stone como Presidente de Albany Engineered Composites, Inc., a partir del 12 de agosto de 2024. Stone, de 52 años, aporta una amplia experiencia en la industria A&D, con un enfoque en la manufactura, gestión de la cadena de suministro y transformación organizacional. Anteriormente, se desempeñó como Vicepresidente y Director de la Cadena de Suministro en Lockheed Martin y ocupó cargos de liderazgo en Aerojet Rocketdyne y Textron. Stone reemplaza a Gregory Harwell en este puesto. La compañía espera que las capacidades estratégicas y la experiencia operativa de Stone contribuyan a la ventaja competitiva de AEC en la entrega puntual de productos de calidad.

Albany International Corp. (NYSE: AIN)은 Christopher Stone을 Albany Engineered Composites, Inc.의 대통령으로 임명했습니다. 이 임명은 2024년 8월 12일부터 발효됩니다. 52세의 Stone은 A&D 산업에서 광범위한 경험을 가지고 있으며, 제조, 공급망 관리 및 조직 혁신에 초점을 맞추고 있습니다. 그는之前 Lockheed Martin에서 부사장 및 최고 공급망 책임자로 근무했으며, Aerojet RocketdyneTextron에서 리더십 역할을 맡았습니다. Stone은 이 역할에서 Gregory Harwell을 대체합니다. 이 회사는 Stone의 전략적 능력과 운영 전문성이 AEC의 품질 제품의 제 시간에 제공하는 경쟁력에 기여할 것으로 기대하고 있습니다.

Albany International Corp. (NYSE: AIN) a nommé Christopher Stone au poste de Président d'Albany Engineered Composites, Inc., à compter du 12 août 2024. Stone, âgé de 52 ans, possède une vaste expérience dans l'industrie A&D, avec un accent sur la fabrication, la gestion de la chaîne d'approvisionnement et la transformation organisationnelle. Il a auparavant exercé les fonctions de Vice-Président et Responsable de la chaîne d'approvisionnement chez Lockheed Martin et a occupé des postes de direction chez Aerojet Rocketdyne et Textron. Stone remplace Gregory Harwell à ce poste. L'entreprise s'attend à ce que les capacités stratégiques et l'expertise opérationnelle de Stone contribuent à l'avantage compétitif d'AEC dans la livraison ponctuelle de produits de qualité.

Die Albany International Corp. (NYSE: AIN) hat Christopher Stone zum Präsidenten von Albany Engineered Composites, Inc. ernannt, mit Wirkung zum 12. August 2024. Stone, 52 Jahre alt, bringt umfangreiche Erfahrung in der A&D-Industrie mit, wobei sein Fokus auf der Fertigung, dem Supply Chain Management und der organisatorischen Transformation liegt. Zuvor war er als Vizepräsident und Chief Supply Chain Officer bei Lockheed Martin tätig und hatte Führungspositionen bei Aerojet Rocketdyne und Textron. Stone ersetzt Gregory Harwell in dieser Rolle. Das Unternehmen erwartet, dass Stones strategische Fähigkeiten und operative Expertise zur Wettbewerbsfähigkeit von AEC bei der pünktlichen Lieferung von Qualitätsprodukten beitragen werden.

Positive
  • Appointment of an experienced industry leader as President of Albany Engineered Composites
  • New president brings expertise in supply chain management and organizational transformation
  • Potential for strategic growth and operational improvements in the AEC division
Negative
  • None.

ROCHESTER, N.H.--(BUSINESS WIRE)-- Albany International Corp. (NYSE: AIN) announced today that its Board of Directors has appointed Christopher Stone as President, Albany Engineered Composites, Inc., and elected him an officer of the Company, effective August 12, 2024, to succeed Gregory Harwell, who no longer serves as President of Albany Engineered Composites, Inc.

Mr. Stone, 52, brings a deep knowledge of the A&D industry, and considerable broad experiences to his new role. He has held a wide range of leadership positions at public companies, with a focus in manufacturing and supply chain management, business operations, production control, logistics and organizational transformation. Most recently he served as Vice President & Chief Supply Chain Officer at Lockheed Martin Corporation from 2021 to 2024. Prior to joining Lockheed Martin, he was Vice President – Supply Chain & Material Management at Aerojet Rocketdyne from 2018 to 2021, and previously held various management positions at Textron companies, including Textron Marine & Land System and Bell Helicopter from 2005 to 2018. He is a former Aviation Officer with the United States Army with a Bachelor of Business Administration in Management from Gonzaga University and an MBA from Rice University.

Mr. Kleveland said “I am excited to have Chris join the Albany team and know he will bring a strong strategic capability to our growing business. At the same time, his experience and admirable results leading Operations and Supply Chain are critical to continue the competitive advantage AEC has in on time delivery of a quality product.”

Mr. Stone said “I am deeply honored to join the team at Albany Engineered Composites, renowned for their state-of-the-art technologies and exceptional execution in a market space that is critical to our industry. I am excited to meet our talented employees, learn the Albany business, and engage with our valued customers."

About Albany International Corp.

Albany International is a leading 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, 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 Rochester, New Hampshire, operates 32 facilities in 14 countries, employs approximately 6,000 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.

Investors / Media:

JC Chetnani

VP-Investor Relations and Treasurer

+1 (603) 330-5851

jc.chetnani@albint.com

Source: Albany International Corp.

FAQ

Who is the new President of Albany Engineered Composites (AIN)?

Christopher Stone has been appointed as the new President of Albany Engineered Composites, effective August 12, 2024.

What is Christopher Stone's background before joining Albany International (AIN)?

Stone previously served as Vice President & Chief Supply Chain Officer at Lockheed Martin and held leadership positions at Aerojet Rocketdyne and Textron companies.

When will Christopher Stone start his role at Albany International (AIN)?

Christopher Stone will start his role as President of Albany Engineered Composites on August 12, 2024.

Who did Christopher Stone replace at Albany International (AIN)?

Christopher Stone replaced Gregory Harwell, who no longer serves as President of Albany Engineered Composites, Inc.

Albany International Corp

NYSE:AIN

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Textile Manufacturing
Broadwoven Fabric Mills, Man Made Fiber & Silk
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United States of America
ROCHESTER