secwatch.observer — SEC 8-K summary
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Issuer:     AES CORP (AES)
CIK:        0000874761
Form:       8-K
Filed at:   2022-01-26T23:59:59+00:00
Accession:  0000874761-22-000004
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/874761/000087476122000004/0000874761-22-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/874761/000087476122000004/aes-20220125.htm
  HTML page:      https://secwatch.observer/filing/0000874761-22-000004

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