In 2023, A. William Higgins earned $3.10M in total compensation at Albany International Inc., including $672.92K salary and $2.40M in stock. Most recently acquired 759 shares in May 2024. Currently holds stock worth $3.31M. Led Albany International Inc. as CEO for 3 years.
Compensation History
Annual executive compensation data for A. William Higgins, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$3.10M
Salary
$672.92K
Bonus
$0.00
Other
$27.73K
Salary
$672.92KBoard Justification
The compensation philosophy emphasizes alignment with company performance, peer benchmarking, and retention strategies, ensuring that compensation reflects individual contributions to the company's strategic objectives.
Bonus
$0.00Board Justification
No bonus was awarded for 2023 as Mr. Higgins retired from the Company on September 1, 2023.
Other Compensation
$27.73KBoard Justification
Includes company-matching contributions to the 401(k) plan and insurance premiums paid by the company.
Restricted Stock
Board Justification
This amount represents the grant date fair value of stock awards that vested in 2023, including performance shares and RSUs.
Performance Metrics
The performance metrics for the 2023 APP Performance Awards included AIN Adjusted EBITDA, AIN TRIR, and compliance/control metrics.
A. William Higgins
Ex-CEO of Albany International Inc.
Education
Bachelor's degree in Business Administration from the University of Massachusetts
Field of Expertise
Business & Management
Sector of Economy
Consumer Cyclical
Born
November 1, 1960 - 65 years ago
CEO of Albany International Inc. for
3 years 7 months (Jan 2020 - Sep 2023)
Previous Experience
CEO of Albany International Corp. and various leadership roles at Textron Inc.
Holdings
Track A. William Higgins's stock holdings and portfolio value over time.
Insider Trading
A. William Higgins's recent stock transactions, purchases, and sales filed with the SEC.
759 shares
AIN
May 10, 2024
Received
21,202 shares
AIN
Mar 1, 2024
Received
717 shares
AIN
Sep 1, 2023
Received
32,369 shares
AIN
Mar 1, 2023
Received
32,369 shares
AIN
Mar 1, 2023
Received
25 shares
AIN
Dec 14, 2020
Received
268 shares
AIN
May 14, 2020
Received
$89.93K
AIN at $76.34/share
May 10, 2019
Received
$89.98K
AIN at $60.35/share
May 11, 2018
Received
$89.98K
AIN at $60.35/share
May 11, 2018
Received
Rivals
Compare A. William Higgins with competitor CEOs and industry peers.
Jennifer L. Sherman
CEO of Federal Signal
2023 Compensation
Stock
$1.33M
Salary
$946.31K
Bonus
$2.08M
Other
$209.16K
Total Holdings
$4.86M
Tod E. Carpenter
CEO of Donaldson Company
2022 Compensation
Stock
$0.00
Salary
$1.06M
Bonus
$1.28M
Other
$182.89K
Total Holdings
$850.82K
Christopher L. Mapes
CEO of Lincoln Electric Holdings
2023 Compensation
Stock
$2.59M
Salary
$1.11M
Bonus
$2.78M
Other
$320.35K
Total Holdings
$176.23K
Christopher Rossi
CEO of Kennametal
2022 Compensation
Stock
$0.00
Salary
$962.06K
Bonus
$195.84K
Other
$0.00
Total Holdings
$1.43M
Nicholas Fanandakis
CEO of ITT
2023 Compensation
Stock
$0.00
Salary
$1.09M
Bonus
$0.00
Other
$158.98K
Total Holdings
$3.19M