Paul Hanrahan has been a prominent figure in the energy sector, serving as the CEO of AES Corporation from 2003 until 2011. He holds a Bachelor's degree from the University of Virginia and has a solid background in business. During...

Paul Hanrahan has been a prominent figure in the energy sector, serving as the CEO of AES Corporation from 2003 until 2011. He holds a Bachelor's degree from the University of Virginia and has a solid background in business. During his tenure, he earned considerable compensation, peaking at over $20 million, which reflects his commitment to aligning executive pay with the company's performance. Interestingly, Hanrahan experienced significant fluctuations in his wealth, with his holdings peaking at around $27.5 million in 2021 but showing notable variations as the market changed. His work with AES involved navigating through challenging financial times, showcasing a focus on performance metrics and shareholder value. Hanrahan also made headlines due to substantial insider trading activity, where he bought and sold millions in company stock, indicating his strong belief in the company's potential. In addition to his professional journey, Hanrahan’s compensation structures involved a mix of salary, bonuses, and long-term incentives, emphasizing the drive for results and performance-linked rewards.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other AES CEOs

A

Paul Hanrahan

Ex-CEO of AES

Education

Bachelor's degree from the University of Virginia

Field of Expertise

Business & Management

Sector of Economy

Utilities

Born

January 1, 1958 - 67 years ago

CEO of AES for

8 years 8 months (Jan 2003 - Sep 2011)

Previous Experience

Various executive roles including CEO of AES Gener and La Electricidad de Caracas

Rivals

Competitors/colleagues of Paul Hanrahan

Holdings

See how much did Paul Hanrahan make over time.

Paul Hanrahan's financial journey at AES Corporation saw his holdings fluctuate quite a lot. In early 2021, he peaked with about $27.5 million in stock, showing he had confidence in the company's direction. However, from 2019 to 2024, the value...

Paul Hanrahan's financial journey at AES Corporation saw his holdings fluctuate quite a lot. In early 2021, he peaked with about $27.5 million in stock, showing he had confidence in the company's direction. However, from 2019 to 2024, the value of his holdings changed significantly, starting around $16.71 million and experiencing ups and downs, hitting lows near $19.59 million. These fluctuations reflect a broader movement in the market, and it's clear Hanrahan had a keen eye on the energy sector's trends. His ability to navigate these ups and downs speaks to his experience and strategic understanding of the business environment in which he operated.

Mar 18, 2025

A

shares

AES @ $12.92

Total Stock Sold

$2.47M

AES

$2.47M

194,000 AES shares

What if they kept their stock?

If Paul Hanrahan didn't sell their stock, today they would have:
Extra AES194,000 shares worth $2.68M.
This is 8.57% and $211.85K more than what they got when they sold the stock.

Charitable Transactions

AES

3,847 shares

AES

INGR

2,230 shares

INGR

Recent Charitable Transactions

INGR

2,000 shares

INGR

Dec 31, 2016

Charity

INGR

230 shares

INGR

Jul 1, 2013

Charity

AES

$76.02K

AES at $19.76/share

Dec 31, 2008

Charity

Insider Trading

See recent insider trades of Paul Hanrahan.

INGR

$62.50K

INGR at $99.59/share

Sep 29, 2023

Received

INGR

$62.55K

INGR at $105.95/share

Jun 30, 2023

Received

INGR

$62.55K

INGR at $105.95/share

Jun 30, 2023

Received

INGR

$62.50K

INGR at $98.41/share

Mar 31, 2023

Received

INGR

$61.33K

INGR at $81.71/share

Oct 3, 2022

Received

INGR

$62.50K

INGR at $88.77/share

Jul 1, 2022

Received

INGR

$62.50K

INGR at $85.56/share

Apr 1, 2022

Received

INGR

$63.31K

INGR at $97.12/share

Jan 3, 2022

Received

INGR

$57.50K

INGR at $90.48/share

Oct 1, 2021

Received

INGR

$57.50K

INGR at $90.99/share

Jul 1, 2021

Received

Compensation History

See how much did Paul Hanrahan make over time.

During his time at AES, Paul Hanrahan's compensation was closely tied to company performance. In 2011, he received a total pay package worth around $20.8 million. His salary was approximately $1.1 million, along with a bonus of about $1.67 million, indicating a strong performance-based incentive. His pay structure included not just direct salary but also significant long-term incentives, which are intended to retain top talent by tying their rewards to the company’s success over time. Hanrahan's role in crafting these compensation plans helped to align executive performance with shareholder interests, and his earnings reflect the results of these efforts as AES navigated through both growth and challenges in the energy market.

Year

2011

Total Compensation

$15.30M

Salary

$1.11M

Board Justification

The compensation philosophy is designed to align executive compensation with stockholder value creation and to attract, motivate, and retain high-performing executives.

Bonus

$1.67M

Board Justification

Mr. Hanrahan's annual incentive was prorated by a factor of 11/12 for the portion of the year he was employed by AES.

Other

$6.38M

Board Justification

Includes separation payments and benefits, cash equivalent of continued receipt for two years of certain perquisites and benefits, and medical benefits continuation.

Restricted Stock

$6.13M(476.3K Performance Stock Units)

Board Justification

Performance Stock Units granted in 2011 that vest based on performance and service conditions, with a final vesting percentage of 58.25% based on AES Total Stockholder Return relative to S&P 500 companies for the three-year period ended December 31, 2011.

Performance Metrics

The performance metrics for determining Mr. Hanrahan's compensation included company performance against pre-established financial, operational, and strategic objectives.

Other AES CEOs

Here are other CEOs of AES

Andres R. Gluski

CEO of AES

September 2011 - Present