The estimated Net Worth of Lee C Wortham is at least $1.84 Million dollars as of 10 November 2023. Mr. Wortham owns over 4,000 units of Albany International stock worth over $1,672,326 and over the last 14 years he sold AIN stock worth over $0. In addition, he makes $167,500 as Independent Director at Albany International.
Lee has made over 6 trades of the Albany International stock since 2012, according to the Form 4 filled with the SEC. Most recently he bought 4,000 units of AIN stock worth $108,600 on 10 November 2023.
The largest trade he's ever made was buying 4,000 units of Albany International stock on 10 November 2023 worth over $108,600. On average, Lee trades about 474 units every 151 days since 2011. As of 10 November 2023 he still owns at least 19,859 units of Albany International stock.
You can see the complete history of Mr. Wortham stock trades at the bottom of the page.
Lee C. Wortham serves as Independent Director of the Company. Mr. Wortham has been a Director of the Company since May 2018. He has been a partner and COO at Barrantys LLC, a consultant and service provider to wealthy families and family offices, since 2007. In this capacity, he has been an adviser to the Standish family for many years, and is a director and executive officer of the J.S. Standish Company. From 2005 to 2007, he served as Executive Vice President at First Niagara Financial Group, Inc., where his responsibilities included wealth management, risk management, and corporate marketing, and from 1999 to 2005 he was Executive Vice President of Global Private Client Services at The Bank of New York. Mr. Wortham held several positions at Chase Manhattan Bank and Chemical Bank (currently JP Morgan Chase & Co.) from 1985 to 1999, including leading the Global Private Bank's activities in Europe, the Middle East, and Africa while based in London, England. He started his career at M&T Bank in retail banking from 1980 to 1985. Mr. Wortham has been a director of Evans Bancorp, Inc., since 2011, and currently serves as Chairman. Mr. Wortham's extensive experience in the financial services industry, and his knowledge of finance, governance and compensation and strategic planning, make him a valuable member of our Board.
As the Independent Director of Albany International, the total compensation of Lee Wortham at Albany International is $167,500. There are 14 executives at Albany International getting paid more, with Joseph Gaug having the highest compensation of $2,637,530.
Lee Wortham is 62, he's been the Independent Director of Albany International since 2018. There are 6 older and 16 younger executives at Albany International. The oldest executive at Albany International Corp. is Erland Kailbourne, 78, who is the Independent Chairman of the Board.
Lee's mailing address filed with the SEC is Main Street, Village of Williamsville, Town of Amherst, Erie County, New York, 14221, United States.
Over the last 21 years, insiders at Albany International have traded over $233,848,503 worth of Albany International stock and bought 12,982 units worth $454,665 . The most active insiders traders include Christine L Standish, Michael C Nahl, and Frank R Schmeler. On average, Albany International executives and independent directors trade stock every 37 days with the average trade being worth of $1,961,840. The most recent stock trade was executed by Gregory N Harwell on 7 August 2024, trading 4,316 units of AIN stock currently worth $363,450.
albany international is a global advanced textiles and materials processing company with two core businesses. machine clothing (mc) is the world’s leading producer of custom-designed fabrics and belts essential to production in the paper, nonwovens, and other process industries. mc has a global market share of approximately 30%, compared to 15% estimated share for the next largest competitor. albany engineered composites (aec ) is a rapidly growing supplier of highly engineered composite parts for the aerospace industry. aec is the sole supplier of fan blades, fan cases and other advanced composite components for the cfm leap engine; current estimates for annual leap production rates are approximately 1600 engines by the end of the decade, for which aec will deliver approximately 100,000 parts per year. albany international is headquartered in rochester, new hampshire, and operates 18 plants in 11 countries (united states, canada, mexico, brazil, france, united kingdom, germany, italy,
Albany International executives and other stock owners filed with the SEC include: