Albany International Corp announced that William M. McCarthy, Executive Vice President, Global Planning, Engineering and Procurement, will retire from the Company on September 30, 2007.
Mr. McCarthy joined Albany in 1977 as a Design Engineer. Since then, he has served in technical and marketing management positions before taking leadership roles in the company's North American, European, and ultimately, global paper machine clothing business.
In his most recent job, Mr. McCarthy succeeded in building the Company's global procurement organization, and guided the Company's capital projects in Asia and South America from initial planning into their current implementation phases.
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."