AES CORP (AES)
Sector: Utilities
Sector: Utilities
AES CORP - Executive Compensation
President
Executive Compensation
Ricardo Falú serves as President of The AES Corporation, a Fortune 500 global energy company focused on powering the future through innovative renewables and electrification solutions. With over three decades of leadership at AES, Falú joined the company in 1992 and has held pivotal roles across Latin America and the Caribbean, driving transformative growth in the region. His career began in operations and development in Puerto Rico and the U.S. Virgin Islands, where he spearheaded the construction and operation of key power plants, establishing a foundation in reliable energy infrastructure. Falú's achievements include serving as CEO of AES Brasil from 2018 to 2023, where he oversaw the company's expansion into one of Latin America's largest renewable energy portfolios, adding over 5 GW of solar, wind, and battery storage capacity. Prior to that, as CEO of AES Andes, he navigated complex markets in Chile and Argentina, securing landmark projects that advanced AES's net-zero ambitions. Under his leadership, AES Brasil became a leader in green hydrogen initiatives and digital grid technologies, earning recognition for sustainability and innovation from industry awards like the BloombergNEF Pioneers. In his current role as President, appointed in May 2023, Falú leads AES's global strategy execution, including the acceleration of 14 GW of renewables and storage projects worldwide. Reporting to CEO Andrés Gluski, he champions the company's $28 billion growth pipeline, emphasizing electrification, AI data centers, and resilient grids to meet rising demand while advancing decarbonization goals. Falú's deep regional expertise and proven track record position him as a key architect of AES's evolution into a pure-play energy transition leader.