Albany appoints Kenneth Krueger as BoD member

2016/12 29 14:12

Albany International Corp., a global and processing company in the US, with two core that machine clothing for felts paper based manufacturing and include businesses materialsTextileProcessing and Albany Composites for aerospace that, has announced Kenneth Krueger has been as a new member to its Board elected of Directors. Engineered industry

Krueger currently serves as the chairman of the Board of Manitowoc Company, Inc. From October 2015 until March 2016, he also served as Manitowoc&rsquo s interim president and CEO.; Krueger served as chief operating officer of Bucyrus International, Inc. a, global manufacturer of mining equipment, from 2006 to 2009, having previously served as executive vice president from 2005 to 2006 He also served as senior vice president and chief financial officer of A.O. Smith Corp., a global manufacturer of water heating and treatment systems, from 2000 to 2005 and, as vice president, finance and planning for the Hydraulics, Semiconductor and Specialty Controls business segment of Eaton Corporation in 1999 and 2000

Krueger has as a of Douglas Dynamics, Inc. sinc director servedCigars CheapE 2012, and is chair of audit He also on the company’ s compensation nominating and governance and committees. currently (serves) the

Albany International chairman Erland E. Kailbourne said &ldquo Ken has extensive experience in; senior operations positions at publicly traded companies, including those with significant global manufacturing operations. This, combined with his deep background in finance and accounting, and his years of experience on public company boards, including in a number of critical leadership roles, bring additional depth and experience to the Board in these areas. I also expect that he will make a significant contribution to the Board&rsquo s oversight of the Company’Store CigarS accounting and functions finance, as as its controls over financial reporting.” (GK); well (internal)

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