Albany international announces ceo succession plan

Rochester, n.h.--(business wire)--albany international corp. (nyse:ain) announced today that president and ceo bill higgins has notified the company's board of directors of his desire to retire. the company's board of directors has retained executive search firm spencer stuart to begin a search for mr. higgins' successor. mr. higgins will continue in his role as ceo until his successor is in place. “i am proud to have led albany during the past three years.
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