The key issue to New Hampshire citizens should be the huge and continuing Income Inequality Expansion which is at the core of many critical problems the US faces.
Thus I will be doing research and making posts on the average pay raise per year that the Top-Tier Executives of New Hampshire Companies were rewarded with in the past five to ten years.
The third New Hampshire Company I am addressing here is Albany International Corp.
From annual compensation information contained in Company Proxy Statement filings with the SEC, the chart below shows Albany International's Top-Tier Executives Annual Total Compensation for each of two consecutive full years of employment for the past five years.
Albany International's Top-Tier Executives Average Pay Raise was 7.9% per year for the last five years.
FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | ||||||
Dec | Dec | Dec | Dec | Dec | Dec | Dec | Dec | Dec | Dec | ||||||
Albany International | 2018 | 2017 | 2017 | 2016 | 2016 | 2015 | 2015 | 2014 | 2014 | 2013 | |||||
Top-Tier | Total | Total | Total | Total | Total | Total | Total | Total | Total | Total | |||||
Executive | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | |||||
$ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | ||||||
Joseph Morone Former CEO | N/A | N/A | 3,962 | 4,076 | 4,076 | 4,203 | 4,203 | 3,838 | 3,838 | 3,854 | |||||
Olivier Jarrault CEO | N/A | N/A | |||||||||||||
John Cozzolino CFO | 1,288 | 1,354 | 1,354 | 1,455 | 1,455 | 1,374 | 1,374 | 1,250 | 1,250 | 1,050 | |||||
Daniel Halftermeyer Pres Machine Clothing | 2,661 | 1,564 | 1,564 | 1,585 | 1,585 | 1,607 | 1,607 | 1,594 | 1,594 | 1,596 | |||||
Robert Hansen Chief Technology Officer | 744 | 857 | 857 | 780 | 780 | 676 | 676 | 816 | 816 | 612 | |||||
Charles Silva General Counsel | 726 | 668 | 668 | 691 | N/A | N/A | |||||||||
Diane Loudon President AEC | 942 | 875 | 875 | 469 | 469 | 397 | N/A | N/A | |||||||
Ralph Polumbo President AEC | 1,189 | 1,284 | 1,284 | 901 | |||||||||||
Totals | 5,419 | 4,443 | 9,347 | 9,462 | 8,771 | 8,329 | 9,518 | 9,179 | 8,782 | 8,013 | |||||
Annual % Change vs Prior Year | 22.0% | -1.2% | 5.3% | 3.7% | 9.6% | ||||||||||
5 Year Average Per Year % Change | 7.9% |