AES Corporation (ticker: AES, exchange: New York Stock Exchange (.N))
News Release -
AES Names Eduardo Jose Bernini New Vice President of the AES Corporation and CEO of Eletropaulo
ARLINGTON, Va.--(BUSINESS WIRE)--Aug. 26, 2003--The AES
Corporation (NYSE: AES) announced today that Eduardo Jose Bernini has
been appointed Vice President of AES and Chief Executive Officer of
Eletropaulo, the electric distribution company serving 4.6 million
customers in Sao Paulo, Brazil. Mr. Bernini's appointments are
effective as of September 1, 2003.
Prior to joining AES and Eletropaulo, Mr. Bernini was Chief
Executive Officer of EDP Brasil S.A., the Brazilian electricity
holding company of Eletricidade de Portugal S.A. He is Vice-President
of the Brazilian Association for Infrastructure Development and in
1995-1996 was Deputy Secretary of Energy of the State of Sao Paulo.
"I am extremely pleased to welcome Eduardo to AES as Vice
President of our Brazilian businesses and as CEO of Eletropaulo,"
stated Joseph C. Brandt, Chief Operating Officer for Integrated
Utilities. "With over twenty years of public and private sector
experience in the electricity market, Eduardo is uniquely suited to
lead our businesses in Brazil. He brings well-honed regulatory skills,
a commitment to operational excellence and a reputation for integrity
to these significant and promising investments."
"Safe Harbor" Statement under the Private Securities Litigation
Reform Act of 1995: This news release may contain "forward-looking
statements" regarding The AES Corporation's business. These statements
are not historical facts, but statements that involve risks and
uncertainties. Actual results could differ materially from those
projected in these forward-looking statements. For a discussion of
such risks and uncertainties, see "Risk Factors" in the Company's
Annual Report on Form 10-K for the most recently ended fiscal year.
AES is a leading global power company comprised of contract
generation, competitive supply, large utilities and growth
The company's generating assets include interests in 157
facilities totaling over 52 gigawatts of capacity, in 29 countries.
AES's electricity distribution network sells 108,000 gigawatt hours
per year to over 16 million end-use customers.
For more general information visit our web site at www.aes.com or
contact investor relations at email@example.com.
Kenneth R. Woodcock, 703-522-1315
SOURCE: AES Corporation