AES Corporation announces COO transition

The AES Corporation announced last week that Executive Vice President and Chief Operating Officer, Andrew Vesey, will leave the Company effective December 31, 2014, in order to accept the position of Managing Director and Chief Executive Officer of AGL Energy Limited, an integrated energy company publicly listed in Australia.

Bernerd Da Santos, who currently serves as Chief Financial Officer, Global Finance Operations, will serve as Acting Chief Operating Officer effective December 1, 2014.

Andrés Gluski, AES President and Chief Executive Officer, said:

“I want to thank Andy for his contributions to AES over the last ten years, particularly with respect to our achievements in operational excellence. During Andy’s tenure as AES’ Chief Operating Officer we received unprecedented consecutive International Edison Awards from the Edison Electric Institute in 2012 and 2013, for our contributions to the electric sector.”

“It was a privilege to be a member of the AES team for the past ten years, especially under Andrés’ leadership,” said Andrew Vesey. “I leave confident that AES will continue to build on their record of industry-leading performance.”

Mr. Vesey has been AES’ Executive Vice President and Chief Operating Officer since 2012. Since joining AES in 2004, Mr. Vesey has held numerous positions, including Executive Vice President and Chief Operating Officer, Global Utilities, Executive Vice President and Regional President of Latin America and Africa, Executive Vice President and Regional President for Latin America and Chief Operating Officer for Latin America.

Mr. Da Santos has 30 years of experience in the electric utilities industry. Since joining AES in 2000, Mr. Da Santos has held several positions, including Managing Director of Finance for Latin America, Chief Financial Officer ofLatin America and Africa and Chief Financial Officer of Global Utilities.