NHBR About Town: Week of July 17, 2026
Business and event happenings around the state of NH
Sections
Extras
Connect With Us
Olivier Jarrault, a 14-year veteran of Alcoa Corp., has been chosen to succeed Joseph Morone as president and CEO of Rochester-based Albany International Corp.
He will take over the job on March 2, the company announced Tuesday.
Jarrault, 56, most recently was executive vice president and group president of Alcoa Engineered Products and Solutions, whose aerospace customers include Safran, GE, United Technologies, Boeing and Airbus. He has a total of 26 years of aerospace and industrial experience, the company said.
Erkie Kailbourne, chair of Albany’s board of directors, said Jarrault’s experience makes him “the ideal person to build upon what Joe Morone has already accomplished, and lead AEC through its next stages of growth and maturity.”
Last summer, Morone – who initiated and led the company’s move from New York state to New Hampshire – announced plans to retire in 2018, when he turns 65.
Business and event happenings around the state of NH
The Latest is a roundup of the comings and goings of the movers and shakers in NH's business community
A decade after buying the property to redevelop it into a new generation of vacation cabins, the owner of Presidential Mountain Resort LLC (PMR) in Bethlehem has filed for bankruptcy protection in New York’s federal court, claiming more than $13 million in liabilities owed.
Failure to restore ACA tax cuts will only make things worse, according to U.S. Sen. Maggie Hassan
One of the things I enjoy most about working with New Hampshire business owners is hearing what they’re building toward. Whether it’s growth, succession or greater stability, our conversations are almost always about the future.
For many business owners, building wealth is closely tied to the success of the company. But as revenue grows and priorities shift, it can be difficult to know how much cash to keep available, how much to reinvest and when to begin planning for longer-term goals.
Succession planning for your business goes beyond naming the next leader. It involves preserving continuity for your employees and customers, as well as supporting the company’s long-term success.
As we close out Q2 and review the year so far, there are several interesting dynamics at play.
Londonderry’s Town Council is at odds over legal matters pertaining to hiring outside law firms to handle complaints and allegations of misconduct against the town manager.