In 2014, Andrew Vesey earned $2.02M in total compensation at AES, including $650.00K salary and $1.27M in stock.
Compensation History
Annual executive compensation data for Andrew Vesey, including salary, bonuses, and stock awards.
Year
2014
Total Compensation
$2.02M
Salary
$650.00K
Bonus
$0.00
Other
$99.78K
Salary
$650.00KBoard Justification
The compensation philosophy emphasizes pay-for-performance, aligning executive compensation with the interests of stockholders, and targeting total compensation at the size-adjusted 50th percentile of survey data based on revenue size and industry.
Bonus
$0.00Board Justification
Mr. Vesey was not entitled to a payment under the Performance Incentive Plan due to his separation from the Company prior to the payment date.
Other Compensation
$99.78KBoard Justification
Includes Company contributions to both qualified and non-qualified defined contribution retirement plans.
Restricted Stock
Board Justification
Performance stock units that vested based on the achievement of the Company’s cumulative EBITDA less CapEx target for the 2012-2014 period, with 48.7% of the target number of shares vesting in 2014.
Performance Metrics
Performance metrics include Adjusted EPS, Proportional Free Cash Flow, and Operational Key Performance Indicators, with specific targets set for each metric.
Andrew Vesey
Ex-CEO of AES
Education
Bachelor's degree in Engineering from the University of Melbourne
Field of Expertise
Technology & Engineering - Engineering
Sector of Economy
Utilities
Born
January 1, 1964 - 61 years ago
CEO of AES for
0 years 11 months (Jan 2014 - Dec 2014)
Previous Experience
Executive Vice President and COO of AES
Other AES CEOs
Holdings
Track Andrew Vesey's stock holdings and portfolio value over time.
Insider Trading
Andrew Vesey's recent stock transactions, purchases, and sales filed with the SEC.
No insider trades found for this CEO.
Rivals
Compare Andrew Vesey with competitor CEOs and industry peers.