Ralph Polumbo Named AEC President
Ralph Polumbo, Chief Operating Officer of Albany Engineered Composites (AEC) since December 2010, was promoted to the position of President of AEC on November 22, 2013.
In making the announcement, Albany International President & CEO Joe Morone said, "It is a rare company that manages to be good at both new business creation AND the robust, disciplined, new product introduction proccess necessary to achieve well-centered, repeatable, and profitable operations. We are on the verge of building precisely that kind of organization in AEC; Ralph's new job is to lead us the rest of the way there."
Mr. Polumbo joined Albany International Corp. in 2006 as Senior Vice President-Global Human Resources and he was subsequently named Chief Administrative Officer of Albany International in 2009.
Before joining Albany, Mr. Polumbo served as Head of Human Capital for Deephaven Capital Management, and from 1999 to 2004, he was Vice President–Human Resources and Business Integration for MedSource Technologies, participating as a leader with the successful start-up in the Class 3 medical device market space. Mr. Polumbo joined MedSource following his role as Vice President – Integration for Rubbermaid; he was located in Waterloo, Belgium, with responsibility for the pan-European integration of acquired housewares businesses. Prior to joining Rubbermaid, from 1974 to 1994, he held various Senior Human Resource and Operations positions for The Stanley Works.
Mr. Polumbo received a B.S. in Economics from the University of Pennsylvania Wharton School and an M.S. in Labor and Industrial Relations from Michigan State University.