THE AES CORPORATION

AES
Delayed Quote. Delayed  - 10/22 04:10:00 pm
24.93USD +0.56%

AES CORP : Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K)

09/22/2021 | 06:09am

Item 5.02 Departure of Directors or Certain Officers; Election of Directors;



Appointment of Certain Officers; Compensatory Arrangements of Certain



Officers.



Departure of Chief Financial Officer



On September 20, 2021, Gustavo Pimenta, Executive Vice President and Chief
Financial Officer of The AES Corporation (the "Company"), notified the Company
of his decision to resign from his position to join Vale S.A. as its Chief
Financial Officer. Mr. Pimenta will continue to serve as the Company's Executive
Vice President and Chief Financial Officer through October 14, 2021 and will
serve as Executive Vice President thereafter until his departure on November 1,
2021
.



Appointment of Chief Financial Officer



On September 21, 2021, the Board of Directors (the "Board") of the Company
appointed Stephen Coughlin to serve as the Company's Executive Vice President
and Chief Financial Officer, effective October 15, 2021. Mr. Coughlin, age 50,
currently serves as the Vice President, Corporate Strategy and Financial
Planning & Analysis of the Company and has held such position since September
2020
. Prior to his current role, Mr. Coughlin previously served as Vice
President, Financial Planning & Analysis and Global Finance Operations of the
Company from May 2020 through August 2020, the founding Chief Executive Officer
of Fluence, the Company's joint venture with Siemens, from 2018 through April
2020
, Vice President, Energy Storage Platforms of the Company from 2016 through
2017 and Vice President, Corporate Strategy & Investments of the Company from
2014 through 2016.



There are no family relationships, as defined in Item 401(d) of Regulation S-K,
between Mr. Coughlin and any of the Company's directors or executive officers,
or persons nominated or chosen to become a director or an executive
officer. There is no arrangement or understanding between Mr. Coughlin and any
other person pursuant to which he was selected as the Company's Executive Vice
President and Chief Financial Officer. Mr. Coughlin does not have any direct or
indirect material interest in any transaction or proposed transaction required
to be disclosed under Item 404(a) of Regulation S-K. There were no material
changes made to Mr. Coughlin's compensatory arrangements, or awards granted, in
connection with his appointment as the Company's Executive Vice President and
Chief Financial Officer.



A copy of the Company's press release announcing the appointment of Mr. Coughlin
to serve as Executive Vice President and Chief Financial Officer commencing on
October 15, 2021 and Mr. Pimenta's departure from the Company is attached hereto
as Exhibit 99.1.



Item 9.01 Financial Statements and Exhibits.





(d) Exhibits



Exhibit No. Description

99.1 Press Release issued by The AES Corporation, dated
September 21, 2021

104 Cover Page Interactive Data File (embedded within the Inline XBRL
document)




2



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