Alexander KarpAlexander Karp earned $1B in 2024

In 2005, Frank R. Schmeler earned $1.27M in total compensation at Albany International Inc., including $741.52K salary and $532.64K bonus.

Compensation History

Annual executive compensation data for Frank R. Schmeler, including salary, bonuses, and stock awards.

Year

2005

Total Compensation

$1.27M

Salary

$741.52K

Bonus

$532.64K

Other

$0.00

Salary

$741.52K

Board Justification

The compensation philosophy aims to attract and retain talented executives while aligning their interests with those of stockholders through competitive cash compensation and performance-based incentives.

Bonus

$532.64K

Board Justification

Bonus granted in February 2006, approximately 118.5% of target, in recognition of success in meeting 2005 goals.

Other Compensation

$0.00

Board Justification

No additional compensation reported outside of salary and bonus.

Restricted Stock

$0.000 N/A

Board Justification

No stock grants were made in 2005; all performance-based incentive awards were granted under the 2005 Incentive Plan and will vest in future years.

Performance Metrics

Performance metrics included achieving financial objectives, reorganizing IT functions, improving sales and marketing operations, and aligning manufacturing with customer demand.

A

Frank R. Schmeler

Ex-CEO of Albany International Inc.

Education

Bachelor's degree in Engineering from the University of Michigan

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Consumer Cyclical

Born

September 1, 1939 - 86 years ago

CEO of Albany International Inc. for

0 years 7 months (May 2005 - Dec 2005)

Previous Experience

President of Albany International Corp.

Holdings

Track Frank R. Schmeler's stock holdings and portfolio value over time.

Insider Trading

Frank R. Schmeler's recent stock transactions, purchases, and sales filed with the SEC.

No insider trades found for this CEO.

Rivals

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