AES EVP Lisa Krueger departs amid reorganization; transitions to advisory and consulting roles

AES CORP

Lisa Krueger ceased as EVP & President, U.S. and Utilities SBU on Jan 25, 2022 due to internal reorganization.
She will serve as Senior Advisor to CEO from Jan 26 to Mar 31, 2022, then one-year consulting role through Mar 31, 2023.
Separation includes one times base salary plus target bonus, pro-rata FY2022 bonus, 12-month benefits, and outplacement.
Consulting fee set at $35,000 monthly plus expense reimbursement; subject to non-competition and non-disparagement covenants.
Both separation and consulting agreements conditioned on execution of a release.

item 5.02 item 9.01

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Departed

Lisa Krueger

Executive Vice President and President, U.S. and Utilities SBU

AES · AES CORP

Effective: 2022-01-25
Filed: January 26, 2022, 6:59 PM ET

On January 25, 2022, The AES Corporation (the “Company”) and Lisa Krueger mutually determined that Ms. Krueger will cease to serve in her role as the Company’s Executive Vice President and President, U.S. and Utilities SBU on January 25, 2022 in connection with an internal reorganization.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Lisa Krueger departed as Executive Vice President and President, U.S. and Utilities SBU at AES CORP.

Action: ceased to serve
Role: Executive Vice President and President, U.S. and Utilities SBU

Exact text from the filing

On January 25, 2022, The AES Corporation (the “Company”) and Lisa Krueger mutually determined that Ms. Krueger will cease to serve in her role as the Company’s Executive Vice President and President, U.S. and Utilities SBU on January 25, 2022 in connection with an internal reorganization.

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Source: SEC EDGAR

accession 0000874761-22-000004

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