AES Corp.: Gustavo Pimenta To Assume CFO Position - Quick Facts

(RTTNews) - The AES Corp. (AES) announced that Executive Vice President and Chief Financial Officer, Tom O'Flynn, will transition to a new leadership role, focusing on raising third-party capital to systematically and cost effectively help finance the company's growth opportunities. Current Deputy Chief Financial Officer, Gustavo Pimenta, will become Chief Financial Officer. The changes will be effective as of January 1, 2019.

Andrés Gluski, AES CEO, said: "Gustavo served as CFO of several of our Latin American businesses, including the publically listed Brazilian companies, Eletropaulo and AES Tietê, and has been instrumental in growing our business in Mexico, Central America and the Caribbean. Since becoming Deputy CFO nine months ago, he successfully identified and implemented the $100 million in cost savings we announced earlier this year."