AES Appoints Susan Harcourt Vice President of Investor Relations; Names Ahmed Pasha CFO of US Utilities & Conventional Generation
The AES Corporation (NYSE: AES) has appointed Susan Harcourt as Vice President of Investor Relations, succeeding Ahmed Pasha, who is now the Chief Financial Officer for US Utilities and Conventional Generation. Harcourt has been with AES since 2010 and previously served as Chief of Staff to the CEO. Pasha, who joined in 1995, will oversee financial operations for AES Indiana, AES Ohio, and 8.3 GW of conventional generation. This leadership change aims to strengthen investor communication and finance strategy.
- Harcourt's appointment is expected to enhance investor relations due to her deep knowledge of AES.
- Pasha's experience in finance and operations positions him well to drive the company's utility sector growth.
- Transition in leadership may lead to temporary disruptions in investor communication during the adjustment period.
ARLINGTON, Va., March 10, 2022 /PRNewswire/ -- The AES Corporation (NYSE: AES) announced today the appointment of Susan Harcourt as Vice President of Investor Relations, succeeding Ahmed Pasha who has been named Chief Financial Officer of the Company's US Utilities and Conventional Generation.
"Susan brings a deep knowledge of AES from her time as Chief of Staff to our President and CEO, Andrés Gluski, as well as her prior roles in Portfolio Management," said Stephen Coughlin, AES Executive Vice President and Chief Financial Officer. "I want to thank Ahmed for his strong leadership over the last decade, including in communicating our transformation story to investors and in attaining two investment grade credit ratings. Going forward, he will continue to play an important role on our finance team as CFO of our US utilities and conventional generation."
Harcourt joined AES in 2010 and most recently served as Chief of Staff to AES' Chief Executive Officer for the last three years. Prior to that, Susan held various positions on AES' Portfolio Management team and in business development.
Pasha joined AES in 1995 and has served in numerous roles in finance and business development. Most recently, Ahmed served as Global Treasurer and Vice President of Investor Relations. In his new role, Ahmed will be CFO of AES Indiana and AES Ohio, as well as 8.3 GW of conventional generation across the US.
About AES
The AES Corporation (NYSE: AES) is a Fortune 500 global energy company accelerating the future of energy. Together with our many stakeholders, we're improving lives by delivering the greener, smarter energy solutions the world needs. Our diverse workforce is committed to continuous innovation and operational excellence, while partnering with our customers on their strategic energy transitions and continuing to meet their energy needs today. For more information, visit www.aes.com.
Safe Harbor Disclosure
This news release contains forward-looking statements within the meaning of the Securities Act of 1933 and of the Securities Exchange Act of 1934. Such forward-looking statements include, but are not limited to, those related to future earnings, growth and financial and operating performance. Forward-looking statements are not intended to be a guarantee of future results, but instead constitute AES' current expectations based on reasonable assumptions. Forecasted financial information is based on certain material assumptions. These assumptions include, but are not limited to, our expectations regarding the COVID-19 pandemic, accurate projections of future interest rates, commodity price and foreign currency pricing, continued normal levels of operating performance and electricity volume at our distribution companies and operational performance at our generation businesses consistent with historical levels, as well as the execution of PPAs, conversion of our backlog and growth investments at normalized investment levels and rates of return consistent with prior experience.
Actual results could differ materially from those projected in our forward-looking statements due to risks, uncertainties and other factors. Important factors that could affect actual results are discussed in AES' filings with the Securities and Exchange Commission (the "SEC"), including, but not limited to, the risks discussed under Item 1A: "Risk Factors" and Item 7: "Management's Discussion & Analysis" in AES' Annual Report on Form 10-K and in subsequent reports filed with the SEC. Readers are encouraged to read AES' filings to learn more about the risk factors associated with AES' business. AES undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except where required by law.
Any Stockholder who desires a copy of the Company's 2021 Annual Report on Form 10-K filed February 28, 2022, and any subsequent filing with the SEC, may obtain a copy (excluding Exhibits) without charge by addressing a request to the Office of the Corporate Secretary, The AES Corporation, 4300 Wilson Boulevard, Arlington, Virginia 22203. Exhibits also may be requested, but a charge equal to the reproduction cost thereof will be made. A copy of the Form 10-K may be obtained by visiting the Company's website at www.aes.com.
Website Disclosure
AES uses its website, including its quarterly updates, as channels of distribution of Company information. The information AES posts through these channels may be deemed material. Accordingly, investors should monitor our website, in addition to following AES' press releases, quarterly SEC filings and public conference calls and webcasts. In addition, you may automatically receive e-mail alerts and other information about AES when you enroll your e-mail address by visiting the "Subscribe to Alerts" page of AES' Investors website. The contents of AES' website, including its quarterly updates, are not, however, incorporated by reference into this release.
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SOURCE The AES Corporation
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