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On January 13, 2011, the Board of Directors (the "Board") of The AES Corporation (the "Company") appointed Dr. Kristina Johnson to the Board and its Compensation Committee. Dr. Johnson, who was a member of the Board from April of 2004 until April of 2009, will participate in the non-employee director compensation arrangements described in the Company's 2010 annual proxy statement filed with the Securities and Exchange Commission on March 10, 2010. For the 2010-2011 Board year, Dr. Johnson will receive pro rata compensation based on 98 days served during the Board calendar year. On January 18, 2011, the Company issued a press release announcing the appointment of Dr. Johnson. The press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.