Jun 26, 2007. /Lesprom Network/. Albany International Corp. announced on June 26, 2007 that William M. McCarthy, executive vice president, global planning, engineering and procurement, will retire from the company on September 30, 2007. In announcing Mr. McCarthy's retirement, president and CEO Joseph G. Morone said, "Throughout Bill's career, from his earliest days as an individual contributor to his most recent as a pivotal leader and architect of the modern Albany, he has always exemplified the attributes that have defined the very best of Albany International: personal integrity, professional excellence, and a remarkable commitment to his job, his colleagues, and the company." Albany International is the world's largest producer of custom-designed paper machine fabrics and process belts that are essential to the manufacture of paper and paperboard. In its family of businesses, Albany applies its core competencies in advanced textiles and materials to other industries. Founded in 1895, the company is headquartered in Albany, New York, and employs approximately 6 000 people worldwide.