Albany International CorporationAIN
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CFO medical leave and appointment of acting CFO creates leadership uncertainty, weighing on shares.

Albany International announced that Chief Financial Officer Willard Station is taking a medical leave of absence, with Sean Valashinas, the company's controller and chief accounting officer, appointed as acting CFO effective immediately. Valashinas joined Albany in 2025 after serving as vice president of accounting, treasury, and tax at Resonetics, a medical device manufacturer, and previously worked at Standex International. Shares of Albany International fell 4.82% to $55.54 following the announcement.
Albany International CorporationCFO medical leave and appointment of acting CFO creates leadership uncertainty, weighing on shares.