Albany International Corp. Appoints Merle Stein as President, Machine Clothing
Albany International Corp. (NYSE: AIN) has appointed Merle Stein as President of its Machine Clothing business segment, effective September 1, 2024. Stein, 47, replaces Daniel Halftermeyer, who is stepping down to focus on the Heimbach acquisition integration and transition. With extensive experience in the paper and pulp industries, Stein has been with Albany since 2011, most recently serving as Division Chief Operating Officer.
Stein's appointment brings a strategic understanding of the markets and broad leadership experience to the role. CEO Gunnar Kleveland expressed confidence in Stein's ability to maintain the business's industry leadership while pursuing strategic goals. The transition is part of a planned succession, with Halftermeyer continuing to support the Heimbach integration and assist in the leadership transition.
Albany International Corp. (NYSE: AIN) ha nominato Merle Stein come Presidente del suo segmento di business Machine Clothing, con effetto dal 1 settembre 2024. Stein, 47 anni, sostituisce Daniel Halftermeyer, che si dimette per concentrarsi sull'integrazione e transizione dell'acquisizione di Heimbach. Con una vasta esperienza nei settori della carta e della cellulosa, Stein è in Albany dal 2011, ricoprendo più recentemente il ruolo di Chief Operating Officer della Divisione.
La nomina di Stein porta una comprensione strategica dei mercati e una vasta esperienza di leadership nel ruolo. Il CEO Gunnar Kleveland ha espresso fiducia nella capacità di Stein di mantenere la leadership del settore dell'azienda, perseguendo al contempo obiettivi strategici. La transizione fa parte di una successione pianificata, con Halftermeyer che continuerà a supportare l'integrazione di Heimbach e ad assistere nella transizione della leadership.
Albany International Corp. (NYSE: AIN) ha designado a Merle Stein como Presidente de su segmento de negocio Machine Clothing, efectivo a partir del 1 de septiembre de 2024. Stein, de 47 años, sustituye a Daniel Halftermeyer, quien dejará el cargo para concentrarse en la integración y transición de la adquisición de Heimbach. Con una amplia experiencia en las industrias de papel y pulpa, Stein ha estado en Albany desde 2011, desempeñándose más recientemente como Director de Operaciones de la División.
La designación de Stein aporta una comprensión estratégica de los mercados y una amplia experiencia en liderazgo al rol. El CEO Gunnar Kleveland expresó su confianza en la capacidad de Stein para mantener el liderazgo de la empresa en la industria mientras persigue objetivos estratégicos. La transición es parte de una sucesión planificada, con Halftermeyer continuando para apoyar la integración de Heimbach y asistir en la transición del liderazgo.
Albany International Corp. (NYSE: AIN)은 Merle Stein을 기계 의류 사업 부문의 사장으로 임명했으며, 이는 2024년 9월 1일부터 발효됩니다. 47세의 Stein은 Heimbach 인수 통합과 전환에 집중하기 위해 사임하는 Daniel Halftermeyer를 대체합니다. Stein은 2011년부터 Albany에서 근무했으며, 최근에는 부서 최고 운영 책임자로 근무한 바 있습니다.
Stein의 임명은 시장에 대한 전략적 이해와 폭넓은 리더십 경험을 가져다줍니다. CEO Gunnar Kleveland는 Stein이 업계 리더십을 유지하면서 전략적 목표를 추구하는 능력에 대한 신뢰를 표명했습니다. 이번 전환은 계획된 승계의 일환으로, Halftermeyer는 Heimbach 통합을 지원하고 리더십 전환을 도울 것입니다.
Albany International Corp. (NYSE: AIN) a nommé Merle Stein au poste de Président de son segment d'activité Machine Clothing, à compter du 1er septembre 2024. Stein, 47 ans, remplace Daniel Halftermeyer, qui démissionne pour se concentrer sur l'intégration et la transition de l'acquisition de Heimbach. Fort d'une vaste expérience dans les secteurs de la pâte et du papier, Stein est chez Albany depuis 2011, où il a récemment occupé le poste de Directeur des opérations de la division.
La nomination de Stein apporte une compréhension stratégique des marchés et une large expérience en leadership au rôle. Le PDG Gunnar Kleveland a exprimé sa confiance dans la capacité de Stein à maintenir le leadership de l'entreprise dans l'industrie tout en poursuivant des objectifs stratégiques. La transition s'inscrit dans le cadre d'une succession planifiée, avec Halftermeyer qui continuera de soutenir l'intégration de Heimbach et d'assister à la transition de la direction.
Albany International Corp. (NYSE: AIN) hat Merle Stein zum Präsidenten seines Geschäftssegments Machine Clothing ernannt, mit Wirkung zum 1. September 2024. Stein, 47 Jahre alt, ersetzt Daniel Halftermeyer, der zurücktritt, um sich auf die Integration und den Übergang der Heimbach-Akquisition zu konzentrieren. Mit umfassender Erfahrung in der Papier- und Zellstoffindustrie ist Stein seit 2011 bei Albany und war zuletzt als Chief Operating Officer der Division tätig.
Steins Ernennung bringt ein strategisches Verständnis der Märkte und umfassende Führungserfahrung in die Rolle. CEO Gunnar Kleveland äußerte Vertrauen in Steins Fähigkeit, die Branchenführerschaft des Unternehmens zu erhalten und gleichzeitig strategische Ziele zu verfolgen. Der Übergang ist Teil einer geplanten Nachfolge, wobei Halftermeyer weiterhin die Integration von Heimbach unterstützen und bei der Führungstransition helfen wird.
- Appointment of experienced industry veteran Merle Stein as President of Machine Clothing segment
- Smooth leadership transition with outgoing president assisting in Heimbach acquisition integration
- New president brings extensive operational and customer-facing experience to the role
- None.
Mr. Stein, 47, has considerable experience in the paper and pulp industries and significant knowledge of the Machine Clothing business and a strategic understanding of the markets it serves. He comes to the role with considerably broad leadership experiences, particularly in operational and customer-facing operations. Since April 2024 he has served as Division Chief Operating Officer for the business segment where he oversaw all operational aspects of the business and led the Sales & Marketing, Operations, Procurement and Human Resources functions. Prior to that, since 2022 he was the Vice President Sales & Marketing/Applications for
Gunnar Kleveland, Company President and CEO, said “I am happy to have Merle join our senior leadership team and take over the reins of the Machine Clothing business. He has broad industry experience and an intimate knowledge of our Machine Clothing business and its customers. This experience and knowledge will be a competitive advantage, ensuring that the business will remain the industry leader while pursuing its strategic goals.” Mr. Kleveland continued, “At the same time, I want to recognize Daniel for his 37 years of wide-reaching and impactful service to Albany International and thank him for his continued dedication to the success of the Company by implementing this succession plan. I am confident that he will continue to drive the Heimbach integration plan while assisting Merle in the transition.”
Mr. Stein said “I am proud to be a part of the Albany team and honored to be given this opportunity. I thank Daniel for his mentorship over the years and look forward to working with the Machine Clothing team as we continue to develop new technologies, empower our team and deliver value to our customers and other stakeholders."
Mr. Halftermeyer said “I am grateful to have had the opportunities given to me at Albany International for so many years, and proud of what my team and I have accomplished. Merle will be taking the helm of a great business run by a strong and experienced team, which will continue to have my support.”
John Scannell, the Board Chair, said “I also wish to thank Daniel for all his service and dedication to the Company. His record of leadership and success at the Machine Clothing business is remarkable. As part of Daniel’s team, Merle has great familiarity with the business, and will continue its exceptional performance. I wish them both continued success in their new roles.”
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
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Investor / Media Contact:
JC Chetnani
VP-Investor Relations and Treasurer
+1 (603) 330-5851
jc.chetnani@albint.com
Source: Albany International Corp.
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