Equibles does not estimate personal net worth.
Earlier roles on record: CFO at Albany International Corp (AIN) until April 7, 2023. Albany International Corp reported in an 8-K filed March 23, 2023 that Stephen Nolan resigned as Chief Financial Officer and Treasurer, effective April 7, 2023. The proxy statement of Albany International Corp reports total compensation of $584,937 for Stephen Nolan in fiscal 2023, including a base salary of $149,393. Disclosed compensation is on record for 4 fiscal years. Stephen Nolan has spoken on 11 earnings calls across 1 company, most recently for Albany International Corp on February 13, 2023. The companies whose calls Stephen Nolan spoke on are classified in the Consumer Cyclical sector.
“On March 23, 2023, Albany International Corp. (“the Company”) announced that it had accepted the resignation of Stephen Nolan, its Chief Financial Officer and Treasurer effective April 7, 2023.”
“I will talk first about the results for the quarter and then about our initial outlook for our business in the coming year. For the fourth quarter, total company net sales were $268.8 million, an increase of 12% compared to the $239.9 million delivered in the same quarter last year.”
“Before I go into the results, I will note that late in the quarter, we completed the purchase of group annuity contracts to eliminate the liability associated with our US defined benefit pension plans.”
“I will talk first about the results for the quarter and then about our updated outlook for the balance of the year. For the second quarter, total company net sales were $261.4 million, an increase of 11.4% compared to the $234.5 million delivered in the same quarter last year.”
“I will talk first about the results for the quarter and then provide an update on our outlook for our business for the balance of the year. For the first quarter, total company net sales were $244.2 million, an increase of 9.8% compared to the $222.4 million delivered in the same quarter last year.”
“I will talk first about the results for the quarter and then about our initial outlook for our business in the coming year. For the fourth quarter, total company net sales were $239.9 million, an increase of 5.7% compared to the $226.9 million delivered in the same quarter last year.”
Start not stated–2023-04-07
Textile Manufacturing · Consumer Cyclical
CFO
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2023 | Albany International Corp (AIN) | Former Chief Financial Officer | $149,393 | $584,937 |
| 2022 | Albany International Corp (AIN) | Former Chief Financial Officer | $545,000 | $1,993,436 |
| 2021 | Albany International Corp (AIN) | Former Chief Financial Officer | $545,000 | $2,114,960 |
| 2020 | Albany International Corp (AIN) | Chief Financial Officer | $545,000 | $2,481,737 |
