Andrew Vesey served as the CEO of AES Corporation, an essential player in the global energy market, during 2014. He has an engineering background with a degree from the University of Melbourne, which shaped his technical approach to leadership. In...

Current Market Cap

$14.38B

Number of Employees

9.6K

Total Compensation

2014 - 2014

Trending up by 0.00% last year
Showing total compensation for the last 2014 - 2014

Stock

Up by 0.00% last year

Salary

Up by 0.00% last year

Bonus

Up by 0.00% last year

Other

Up by 0.00% last year

Year

2014

Total Compensation

$2.02M

Salary

$650.00K

Board 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

$0.00

Board 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

$99.78K

Board Justification

Includes Company contributions to both qualified and non-qualified defined contribution retirement plans.

Restricted Stock

$1.27M(122.18K Performance Stock Units)

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.

SEC Filing

From March 9, 2015

Andrew Vesey

Ex-CEO of AES

AV

Education

Bachelor's degree in Engineering from the University of Melbourne

Field of Expertise

Technology & Engineering - Engineering

Born

January 1, 1964 - 60 years ago

Is Founder?

No

Tenure

0 years 11 months (Jan 2014 - Dec 2014)

Previous Experience

Executive Vice President and COO of AES

View Holdings

Insider Holdings of Andrew Vesey

$4.13M

-$2.81M (-40.50%)