A. William Higgins served as the CEO of Albany International Inc. from January 2020 until his retirement in September 2023. With a background in Business Administration from the University of Massachusetts, Higgins brought a wealth of business knowledge and leadership...
A. William Higgins served as the CEO of Albany International Inc. from January 2020 until his retirement in September 2023. With a background in Business Administration from the University of Massachusetts, Higgins brought a wealth of business knowledge and leadership to the company. During his tenure, he made critical strategic decisions while overseeing operations and performance metrics like Adjusted EBITDA, which helped guide Albany International’s growth. Interestingly, he retired with a total compensation of around $4.3 million in 2023, marking a notable transition for the company as it moved on to new leadership under Gunnar Kleveland. Higgins' departure was also marked by the automatic vesting of his unvested stock units due to his retirement, underscoring his impact on the company's equity structure. Overall, Higgins played an important role in shaping Albany International's strategic vision, leaving behind a legacy of performance and direction that will resonate as the company continues forward.