The AES Corporation (NYSE:AES) today issued the following statement regarding the passing of Richard Darman, Non-Executive Chairman of the Board.
Paul Hanrahan, AES President and Chief Executive Officer stated, “Our heartfelt condolences go out to Dick Darman’s family at this time of great loss. Dick was a leader, mentor and good friend. All of us at AES are indebted to him. Under Dick’s leadership and vision, AES transformed itself into the strong and growing company it is today. He had an unparalleled ability to bring out the best in people. The high standard he set for himself, coupled with the energy and enthusiasm he brought to his work, served as a daily inspiration to all. He will be greatly missed.”
Mr. Darman joined AES as a Director in July 2002 and served as Non-Executive Chairman of the Board since May 2003.
Philip A. Odeen, the Alternate Lead Independent Director of the AES Board of Directors, will assume the duties of Non-Executive Chairman and Lead Independent Director of the Board. In addition to his service on the AES Board of Directors, Mr. Odeen is a member of the Boards of Directors of Convergys Corporation, and Northrop Grumman Corporation. He was the Non-Executive Chairman of Avaya until its sale in 2007. He retired as Chairman of TRW Inc. in 2002.
About AES
AES is one of the world’s largest global power companies, with 2006 revenues of $11.6 billion. With operations in 28 countries on five continents, AES’s generation and distribution facilities have the capacity to serve 100 million people worldwide. AES’s 13 regulated utilities amass annual sales of over 73,000 GWh and its 121 generation facilities have the capacity to generate approximately 43,000 megawatts. AES’s global workforce of 30,000 people is committed to operational excellence and meeting the world’s growing power needs. To learn more about AES, please visit www.aes.com or contact AES media relations at media@aes.com.
Contacts:
Media Contact:
Robin Pence, 703-682-6552
or
Investor
Contact:
Ahmed Pasha, 703-682-6451
