Andrés R. Gluski is the CEO of AES Corporation, a major player in the global energy market. He took on this role in September 2011, bringing over 25 years of experience in the energy sector. Gluski holds a Ph.D. in...

Andrés R. Gluski is the CEO of AES Corporation, a major player in the global energy market. He took on this role in September 2011, bringing over 25 years of experience in the energy sector. Gluski holds a Ph.D. in Economics from the University of Virginia and previously served in various executive roles, including COO and Regional President for Latin America at AES before becoming CEO. Under his leadership, AES has focused on clean energy and has achieved significant milestones, like becoming the first U.S. publicly traded utility to issue a Climate Scenario Report, which aligns with climate change disclosures. He’s also led the company in reducing coal-fired generation below 30% of total electricity by 2020 and aims for less than 10% by 2025. In 2023, Gluski's total compensation reached around $12.7 million, with the majority tied to performance metrics that include earnings and cash flow, showing a strong performance link. Besides AES, he serves on multiple boards, enhancing his influence in the industry. His background in banking and as a former CEO in Latin America gives him a broad perspective on energy solutions. Gluski believes in a sustainable energy future and leads AES with this vision in mind.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other AES CEOs

A

Andres R. Gluski

CEO of AES

Education

M.A. and Ph.D in Economics from the University of Virginia

Field of Expertise

Other - Economics

Sector of Economy

Utilities

Born

January 1, 1958 - 67 years ago

CEO of AES for

13 years 8 months (Sep 2011 - Present)

Previous Experience

Executive Vice President and COO of AES, CEO of La Electricidad de Caracas, CEO of AES Gener

Rivals

Competitors/colleagues of Andres R. Gluski

Holdings

See how much did Andres R. Gluski make over time.

As CEO of AES, Gluski holds significant financial interests in the company. His financial holdings reflect the company's performance, particularly its shift towards sustainable energy sources. Over the years, Gluski's stock holdings have fluctuated based on AES's market performance and...

As CEO of AES, Gluski holds significant financial interests in the company. His financial holdings reflect the company's performance, particularly its shift towards sustainable energy sources. Over the years, Gluski's stock holdings have fluctuated based on AES's market performance and his leadership roles. In recent years, with AES's focus on clean technologies, there has been an increase in stock grants. For instance, in 2022 alone, he had vested stock valued at around $7.3 million, which highlighted a payout of over 103% of target based on performance. His wealth in AES stock showcases his confidence in the company's strategies, particularly its ambitious environmental goals. As a leader with a vested interest in the company’s future, Gluski significantly influences AES's direction and climate initiatives. However, the majority of his wealth is still closely tied to AES’s performance, providing a strong incentive to meet the company’s strategic objectives.

Mar 11, 2025

A

shares

AES @ $11.91

C

shares

CLF @ $8.89

Total Stock Sold

$39.42M

AES

$39.42M

1,518,801 AES shares

What if they kept their stock?

If Andres R. Gluski didn't sell their stock, today they would have:
Extra AES1,518,801 shares worth $21.02M.
This is -46.67% and $18.40M less than what they got when they sold the stock.

Charitable Transactions

AES

550,000 shares

AES

Recent Charitable Transactions

AES

100,000 shares

AES

May 10, 2021

Charity

AES

450,000 shares

AES

Nov 12, 2020

Charity

Insider Trading

See recent insider trades of Andres R. Gluski.

AES

347,034 shares

AES

Feb 22, 2024

Received

AES

$819.00K

AES at $16.38/share

Nov 7, 2023

Purchase

AES

$7.09M

AES at $25.32/share

Feb 24, 2023

Received

AES

$21.28M

AES at $28.43/share

Dec 28, 2022

Sale

AES

150,771 shares

AES

Mar 3, 2022

Received

AES

99,660 shares

AES

Feb 24, 2022

Received

AES

$12.41M

AES at $23.67/share

Jan 5, 2022

Sale

AES

$6.00M

AES at $24.43/share

Aug 10, 2021

Sale

AES

100,000 shares

AES

May 10, 2021

Charity

AES

248,612 shares

AES

Feb 19, 2021

Received

Compensation History

See how much did Andres R. Gluski make over time.

Andrés Gluski’s compensation reflects his pivotal role in guiding AES Corporation. In 2023, his total compensation reached approximately $12.7 million, which includes a base salary of $1.24 million and vested stock valued at about $2.9 million. Notably, Gluski's compensation does not include bonuses, emphasizing the focus on long-term performance through stock vesting. His compensation structure is designed to align closely with the company’s financial health, with a significant portion tied to performance metrics such as earnings and cash flow. This pay structure ensures that Gluski's financial interests are directly connected to AES's success, particularly as the company pivots towards cleaner energy solutions. Furthermore, his compensation model is reflective of AES’s commitment to align executive pay with shareholder value, making Gluski not just a leader but also a stakeholder in the company's sustainability goals.

Year

2023

Total Compensation

$4.47M

Salary

$1.24M

Board Justification

AES’ philosophy is to target total compensation opportunities for executive officers within a competitive range of the 50th percentile of companies similar in revenue size and scope of operations. On average, 76% of the NEOs’ target compensation is variable and 'at risk'.

Bonus

$0.00

Board Justification

No bonus was awarded for 2023 as per the summary compensation table.

Other

$314.98K

Board Justification

Includes Company contributions to both qualified and non-qualified defined contribution retirement plans and international relocation-related benefits.

Restricted Stock

$2.92M(151.58K PSUs)

Board Justification

The 2021 PSUs vested based on the Company’s cumulative Parent FCF results for the three-year period ended December 31, 2023, which resulted in a payout of 153.68% of target. Final certification of results and distribution of shares occurred in the first quarter of 2024.

Performance Metrics

Performance metrics for 2023 included Adjusted EPS, Adjusted EBITDA, and Parent Free Cash Flow.

Other AES CEOs

Here are other CEOs of AES

Paul Hanrahan

Ex-CEO of AES

January 2003 - September 2011

Andrew Vesey

Ex-CEO of AES

January 2014 - December 2014