AES Management

Management criteria checks 3/4

AES' CEO is Andres Gluski Weilert, appointed in Sep 2011, has a tenure of 12.42 years. total yearly compensation is $12.53M, comprised of 9.9% salary and 90.1% bonuses, including company stock and options. directly owns 0.21% of the company’s shares, worth €21.61M. The average tenure of the management team and the board of directors is 2.3 years and 5.8 years respectively.

Key information

Andres Gluski Weilert

Chief executive officer

US$12.5m

Total compensation

CEO salary percentage	9.9%
CEO tenure	12.4yrs
CEO ownership	0.2%
Management average tenure	2.3yrs
Board average tenure	5.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Andres Gluski Weilert's remuneration changed compared to AES's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2023	n/a	n/a	-US$560m
Jun 30 2023	n/a	n/a	-US$370m
Mar 31 2023	n/a	n/a	-US$510m
Dec 31 2022	US$13m	US$1m	-US$546m
Sep 30 2022	n/a	n/a	-US$275m
Jun 30 2022	n/a	n/a	-US$353m
Mar 31 2022	n/a	n/a	-US$150m
Dec 31 2021	US$14m	US$1m	-US$413m
Sep 30 2021	n/a	n/a	US$537m
Jun 30 2021	n/a	n/a	-US$139m
Mar 31 2021	n/a	n/a	-US$249m
Dec 31 2020	US$11m	US$1m	US$43m
Sep 30 2020	n/a	n/a	-US$353m
Jun 30 2020	n/a	n/a	US$190m
Mar 31 2020	n/a	n/a	US$292m
Dec 31 2019	US$11m	US$1m	US$302m
Sep 30 2019	n/a	n/a	US$482m
Jun 30 2019	n/a	n/a	US$374m
Mar 31 2019	n/a	n/a	US$454m
Dec 31 2018	US$10m	US$1m	US$985m
Sep 30 2018	n/a	n/a	US$200m
Jun 30 2018	n/a	n/a	US$245m
Mar 31 2018	n/a	n/a	US$202m
Dec 31 2017	US$9m	US$1m	-US$507m

Compensation vs Market: Andres's total compensation ($USD12.53M) is above average for companies of similar size in the German market ($USD4.53M).

Compensation vs Earnings: Andres's compensation has been consistent with company performance over the past year.

CEO

Andres Gluski Weilert (65 yo)

12.4yrs

Tenure

US$12,525,258

Compensation

Mr. Andres Ricardo Gluski Weilert has been the Chief Executive Officer, President and Director of The AES Corporation since September 30, 2011. He served as the President of AES Gener S.A. He served as the...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Andres Gluski Weilert	President	12.4yrs	US$12.53m	0.21% $ 21.6m
Stephen Coughlin	Executive VP & CFO	2.3yrs	US$2.45m	0.012% $ 1.2m
Letitia Mendoza	Executive VP & Chief Human Resources Officer	9.1yrs	US$2.54m	0.027% $ 2.8m
Bernerd Da Santos	Executive VP & President of Renewables	less than a year	US$2.85m	0.040% $ 4.2m
Juan Rubiolo	Executive VP & President of Energy Infrastructure	5.9yrs	US$2.74m	0.018% $ 1.9m
Ricardo Falu	COO, Senior VP and President of New Energy Technologies	less than a year	no data	0.0088% $ 920.5k
Sherry Kohan	Senior VP & Chief Accounting Officer	no data	no data	0.012% $ 1.2m
Susan Pasley Harcourt	Vice President of Investor Relations	1.9yrs	no data	no data
Paul Freedman	Executive VP	6yrs	no data	0.0086% $ 892.3k
Gail Chalef	Senior Manager of Global Press & Media Relations	no data	no data	no data
Joel Abramson	Senior Vice President of Mergers & Acquisitions	no data	no data	no data
Kenneth Zagzebski	Senior VP & President of Utilities	less than a year	no data	no data

2.3yrs

Average Tenure

52yo

Average Age

Experienced Management: 6AR0's management team is considered experienced (2.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Andres Gluski Weilert	President	12.4yrs	US$12.53m	0.21% $ 21.6m
John Morse	Chairman & Lead Independent Director	15.2yrs	US$465.50k	0.0016% $ 171.2k
Gerard Anderson	Director	less than a year	no data	no data
Alain Monie	Independent Director	6.6yrs	US$295.00k	0.0043% $ 447.7k
Janet Davidson	Independent Director	5yrs	US$275.00k	0% $ 0
Holly Koeppel	Independent Director	8.8yrs	US$295.00k	0% $ 0
Moises Naim	Independent Director	10.8yrs	US$275.00k	no data
Maura Shaughnessy	Independent Director	2.6yrs	US$275.00k	0.016% $ 1.7m
Tarun Khanna	Independent Director	14.8yrs	US$295.00k	0.00064% $ 66.8k
Teresa Sebastian	Independent Director	3.1yrs	US$275.00k	0% $ 0
Julia Laulis	Independent Director	3.8yrs	US$275.00k	0.00022% $ 23.0k
Inderpal Bhandari	Director	less than a year	no data	no data

5.8yrs

Average Tenure

64.5yo

Average Age

Experienced Board: 6AR0's board of directors are considered experienced (5.8 years average tenure).

AES Management

Management criteria checks 3/4

Key information

Recent management updates

The AES Corporation Appoints Inderpal S. Bhandari to Serve as A Director on the Board and as A Member of the Innovation and Technology Committee

The AES Corporation Appoints Sherry Kohan as Chief Financial Officer, Effective January 1, 2024

the Aes Corporation Announces Executive Changes

The AES Corporation Appoints Gerard M. "Gerry" Anderson to Its Board of Directors, Effective July 17, 2023

The AES Corporation, Annual General Meeting, Apr 21, 2022

Recent updates

The AES Corporation Expects to Grow Its Dividend Annually After 2024

The AES Corporation Announces Quarterly Dividend, Payable on May 15, 2024

The AES Corporation Appoints Inderpal S. Bhandari to Serve as A Director on the Board and as A Member of the Innovation and Technology Committee

Administradora de Fondos de Inversión Popular, S. A. completed the acquisition of Businesses in the Dominican Republic from The AES Corporation (NYSE:AES).

Unknown closed end funds managed by Administradora de Fondos de Inversión Popular, S. A. acquired 35% stake in AES Colon Development, S. de R.L. from The AES Corporation (NYSE:AES).

The AES Corporation Increases Dividend for the First Quarter of 2024, Payable on February 15, 2024

The AES Corporation Appoints Sherry Kohan as Chief Financial Officer, Effective January 1, 2024

Sev.En Global Investments A.S. agreed to acquire 51% equity stake in the Mong Duong 2 coal-fired plant in Vietnam from The AES Corporation (NYSE:AES).

AES Reportedly in Talks to Sell Major Coal-Fired Power Plant in Vietnam

AES Reportedly in Talks to Sell Major Coal-Fired Power Plant in Vietnam

The AES Corporation Declares Quarterly Common Stock Dividend, Payable on November 15, 2023

The AES Corporation to Report Q3, 2023 Results on Nov 03, 2023

Unknown closed end funds managed by Administradora de Fondos de Inversión Popular, S. A., agreed to acquire 20% stake in AES Colon Development, S. de R.L. from The AES Corporation (NYSE:AES).

the Aes Corporation Announces Executive Changes

The AES Corporation Announces Quarterly Dividend, Payable on August 15, 2023

The AES Corporation Appoints Gerard M. "Gerry" Anderson to Its Board of Directors, Effective July 17, 2023

AES Commences Operation of First Phase of Chevelon Butte Wind Farm

Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) acquired 49% stake in 1.3 GW Renewables Portfolio from The AES Corporation (NYSE:AES).

The AES Corporation Approves an Increase of 5% in the Quarterly Common Stock Dividend, Payable on February 15, 2023

The AES Corporation Reports Impairment for the Three Months Ended September 30, 2022

AES Corporation Declares a Quarterly Common Stock Dividend, Payable on November 15, 2022

The AES Corporation Reaffirms Annualized Growth Rate Target Through 2025

The AES Corporation Declares Quarterly Common Stock Dividend, Payable on August 15, 2022

The AES Corporation (NYSE:AES) acquired 183-MW Delta wind project in Mississippi from Vestas Wind Systems A/S (CPSE:VWS).

The AES Corporation, Annual General Meeting, Apr 21, 2022

The AES Corporation Declares Quarterly Dividend, Payable on May 13, 2022

Renova Energia S.A. (BOVESPA:RNEW11) agreed to acquire 305-MW Cordilheira dos Ventos Wind Project from The AES Corporation (NYSE:AES).

The AES Corporation Launches First-of-its-Kind Robot to Accelerate Solar Construction

The AES Corporation (NYSE:AES) acquired remaining 49.9% stake in AES Colón from Inversiones Bahía, Ltd.

The AES Corporation Reports Impairment Charges for the Three Months Ended March 31, 2021

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age