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Andrés Gluski received $9.2M in total compensation as CEO of AES CORP in FY2025. The largest component was $5.0M in stock awards. That’s down 31% from FY2024. Source: SEC DEF 14A.
In fiscal year 2025, Andrés Gluski, CEO of AES CORP (AES), received total compensation of $9.2 million.
Andrés Gluski's compensation breakdown includes: base salary of $1.2 million, stock awards valued at $5.0 million, non-equity incentive compensation of $2.6 million, and other compensation of $325K.
Compared to fiscal year 2024, Andrés Gluski's total compensation decreased 31% from $13.4 million to $9.2 million.
AES CORP's top 5 named executive officers received combined total compensation of $21.3 million in fiscal year 2025.
The named executive officers disclosed in AES CORP's 2025 proxy statement are:Andrés Gluski (CEO) with total compensation of $9.2 million, Juan Ignacio Rubiolo (EVP & COO) with total compensation of $3.3 million, Stephen Coughlin (EVP & CFO) with total compensation of $3.2 million, Bernerd Da Santos (EVP & President, US & Renewables) with total compensation of $3.0 million, and Ricardo Falú (President) with total compensation of $2.7 million.
Source Filing
Executive Record
Andrés Gluski
CEO
Reported Pay
$9.2MSummary compensation table total · FY2025
Findings
Reviewing FY2025 compensation of $9.2M against +11% shareholder return and the latest filing-backed pay disclosures.
Reported pay changed -31%; spread versus stock performance is pending computation.
Evidence is sourced from the latest executive compensation filing and return series for AES.
Team view
5 executives
CEO
Total PayFY2025
$9.2M
EVP & COO
Total PayFY2025
$3.3M
EVP & CFO
Total PayFY2025
$3.2M
EVP & President, US & Renewables
Total PayFY2025
$3.0M
President
Total PayFY2025
$2.7M
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01FY2025 total compensation breakdown
$9.2M total compensation
Andrés Gluski earned $9.2M in FY2025— here's how that breaks down.
$5.0M
55% of total
$2.6M
28% of total
$1.2M
14% of total
$324.9K
4% of total
Activity timeline · FY2025
Recent events from filings
Mar 20, 2026
Andrés Gluski cash
Mar 20, 2026
Stephen Coughlin cash
Mar 20, 2026
Juan Ignacio Rubiolo cash
Mar 20, 2026
Bernerd Da Santos cash
Mar 20, 2026
Ricardo Falú cash
Mar 20, 2026
Andrés Gluski grant (cash)
Mar 19, 2025
AES Corporation — Insider Trading Policy | Insider Trading Policies and Procedures Adopted: true
Mar 19, 2025
AES Corporation — Clawback Policy | The restatement does not have any impact on management’s or other employees’ compensation, as incentive compensation plans were based on the attainment of certain financial and operating metrics unaffected by the adjustments.; No recovery of erroneously awarded compensation was required pursuant to the Clawback Policy.
A pay-performance summary will appear here once the verdict loads above.
02Pay changes vs. stock performance
1 year of data
Peer context
Dashed line marks the large-cap median compensation benchmark for companies around $10.4B market cap, based on 333 peers in this size band.
03Recent insider trades by officers and directors
~32 trades
04Showing FY2025 data (latest available)
FY2026does not include director compensation in our current dataset, so we're showing the latest board table we found.
We're loading the latest director compensation and board makeup.
05Take action on executive compensation
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06For analysts and deep research
Historical compensation data from latest proxy filing
| Year | Executive | Salary | Bonus & Incentive | Stock Awards | Option Awards | Other Adj. | Total |
|---|---|---|---|---|---|---|---|
| 2025 | $1.24M | $2.57M | $5.02M | $0.00M | $0.32M | $9.15M | |
| 2024 | $1.24M | $2.42M | $9.37M | $0.00M | $0.33M | $13.4M | |
| 2023 | $1.24M | $2.36M | $8.80M | $0.00M | $0.31M | $12.7M | |
| 2022 | $1.24M | $2.36M | $8.63M | $0.00M | $0.29M | $12.5M |
Salary = base cash pay. Bonus & Incentive combines annual bonus and non-equity plans. Equity amounts are grant-date fair values. Other Adj. captures pension changes, perquisites, and any reconciliation items so the total matches the reported figure.
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AES CORP (AES) — Key Facts
Last updated Jul 15, 2026 · DEF 14A filed Mar 20, 2026
| CEO | Andrés Gluski, CEO |
|---|---|
| Fiscal year | FY2025 |
| Total compensation | $9.2M |
| Base salary | $1.2M |
| Stock awards | $5.0M |
| Other compensation | $325K |
| Year-over-year change | -31% |
| Source | DEF 14A, 2026-03-20 |
Andrés Gluski, the CEO of AES CORP, received total compensation of $9.2 million in fiscal year 2025. This includes base salary of $1.2 million and stock awards valued at $5.0 million.
Andrés Gluski's base salary at AES CORP is $1.2 million per year as of fiscal year 2025. However, total compensation including stock awards, bonuses, and other benefits is $9.2 million.
AES CORP's CEO, Andrés Gluski, earned $9.2 million in total compensation for fiscal year 2025. The majority of this compensation comes from stock awards ($5.0 million) rather than base salary ($1.2 million).