A
AES Corporation
AES · AI Merchant Power
$14.80
+0.00 (+0.03%)
As of Jul 15, 2026 close
Executive Compensation — FY2025 Proxy
DEF 14A filed Mar 20, 2026CEO Total Comp
$9.2M
Andrés Gluski · FY2025
YoY Change
-31.5%
FY2024: $13.4M
CEO Pay Ratio
120:1
median employee $76.1K
Named Executives
5
C · EC · EC · President · President
Equity Share of Comp
55%
of CEO total
Compensation Over Time
CEO total by component · from Summary Compensation TableSalaryCash BonusEquity AwardsAll Other
“All Other” includes non-equity incentive compensation (see table below for the breakout).
Summary Compensation Table
Officer × year · extracted from DEF 14A · analyst-reviewed| Name & Position | Year | Salary | Cash Bonus | Equity Awards | Non-Equity Incentive | All Other | Total |
|---|---|---|---|---|---|---|---|
Andrés Gluski CEO | 2025 | $1,241,000 | — | $5,019,117 | $2,568,870 | $324,909 | $9,153,896 |
| 2024 | $1,241,000 | — | $9,368,525 | $2,419,950 | $325,809 | $13,355,284 | |
| 2023 | $1,241,000 | — | $8,796,107 | $2,364,105 | $314,982 | $12,716,194 | |
Juan Ignacio Rubiolo EVP COO | 2025 | $550,000 | — | $1,171,928 | $759,000 | $842,404 | $3,323,332 |
| 2024 | $550,000 | — | $1,348,073 | $715,000 | $675,254 | $3,288,327 | |
| 2023 | $530,000 | — | $1,809,816 | $673,100 | $224,311 | $3,237,227 | |
Stephen Coughlin EVP CFO | 2025 | $645,000 | $89,010 | $1,406,317 | $890,100 | $124,987 | $3,155,414 |
| 2024 | $645,000 | — | $1,617,678 | $838,500 | $114,545 | $3,215,723 | |
| 2023 | $597,000 | — | $1,284,554 | $1,175,305 | $70,063 | $3,126,922 | |
Bernerd Da Santos EVP President, US Renewables | 2025 | $663,000 | — | $1,250,057 | $914,940 | $152,132 | $2,980,129 |
| 2024 | $663,000 | — | $1,437,936 | $861,900 | $130,748 | $3,093,584 | |
| 2023 | $644,000 | $204,470 | $1,369,376 | $817,880 | $120,060 | $3,155,786 | |
Ricardo Falú President | 2025 | $555,000 | $114,885 | $1,171,928 | $765,900 | $96,891 | $2,704,604 |
| 2024 | $555,000 | — | $1,348,073 | $1,023,305 | $249,412 | $3,175,790 |
Pay vs Performance
Compensation actually paid vs TSR · XBRL (Item 402(v))CEO comp actually paidAvg other NEOTSR (indexed, right)
Pay vs Performance — Detail
| FY | CEO Paid | Avg NEO Paid | TSR | Net Income |
|---|---|---|---|---|
| 2025 | — | $3.9M | 73.0 | $910.0M |
| 2024 | — | $1.8M | 62.0 | $1.7B |
| 2023 | — | $31.6K | 89.0 | $249.0M |
| 2022 | — | $4.5M | 129.0 | $-546.0M |
| 2021 | — | $2.5M | 106.0 | $-409.0M |
TSR = value of $100 invested at the earliest disclosed fiscal year end · “actually paid” per SEC 402(v) methodology · source filing
Summary Compensation Table extracted from SEC DEF 14A proxy statements (Claude-assisted, analyst-reviewed before publication; source quotes pinned per figure). Pay-versus-performance from Inline XBRL (ECD taxonomy) with HTML fallback where issuer tagging is incomplete. Updated annually on proxy filing (~120 days after fiscal year end).