May 17, 2005. Albany International Corp. has named Joseph G. Morone, Ph.D. president, effective September 1, 2005. Dr. Morone will become chief executive officer on January 1, 2006. Frank R. Schmeler will continue to serve as Chairman.

Albany International Names Joseph Morone President and CEO

May 17, 2005. /Lesprom Network/. Albany International Corp. has named Joseph G. Morone, Ph.D. president, effective September 1, 2005. Dr. Morone will become chief executive officer on January 1, 2006. Frank R. Schmeler will continue to serve as Chairman. Dr. Morone, 51, has been a director of the Company since 1996 and Chairman of the Governance Committee since its formation in 2003. He has been a member of the Audit Committee since 1996 and served as Chairman of that committee from 1997 to 2000. Since 1997, he has served as President of Bentley College in Waltham, Massachusetts. Prior to joining Bentley, he served as the Dean of the Lally School of Management and Technology at Rensselaer Polytechnic Institute, where he also held the Andersen Consulting Professorship of Management. He currently serves as a director of Transworld Entertainment Corporation and Chairman of the Board of Trustees of Tufts-New England Medical Center.