Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Andres R. Gluski earned $4.47M in total compensation at AES, including $1.24M salary and $2.92M in stock. Most recently acquired 347,034 shares in Feb 2024. Currently holds stock worth $29.83M. Has donated $7.62M in stock to charitable causes. Has led AES for over 14 years.

Compensation History

Annual executive compensation data for Andres R. Gluski, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$4.47M

Salary

$1.24M

Bonus

$0.00

Other

$314.98K

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 Compensation

$314.98K

Board Justification

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

Restricted Stock

$2.92M151.58K 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.

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

14 years 2 months (Sep 2011 - Present)

Previous Experience

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

Holdings

Track Andres R. Gluski's stock holdings and portfolio value over time.

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 $21.05M.
This is -46.6% and $18.37M 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

Andres R. Gluski's recent stock transactions, purchases, and sales filed with the SEC.

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

Rivals

Compare Andres R. Gluski with competitor CEOs and industry peers.