The AES Corporation (NYSE: AES) today announced Thomas M. O’Flynn will join the company as Executive Vice President and Chief Financial Officer, effective September 4, 2012. Interim CFO, Mary Wood, will resume her prior role as Vice President and Controller.<br />Mr. O’Flynn brings more than two decades of energy finance and utility experience to AES, including eight years serving as Chief Financial Officer of the Public Service Enterprise Group (PSEG), the largest investor-owned utility in New Jersey, with a current market cap of $17 billion. At PSEG, he led multiple financings and was involved in extensive transactional activities in the U.S. and abroad. Prior to his role at PSEG, Mr. O’Flynn spent 15 years with Morgan Stanley’s Global Power and Utility Group, ultimately serving as Head of the North American Power unit. For the past two years, Mr. O’Flynn served as a Senior Advisor with Blackstone’s private equity group supporting its efforts in the power and utility sector.<br />"Tom's significant industry experience as CFO of a large-cap global utility with both regulated and competitive businesses is a great fit for AES," said Andrés Gluski, AES President and Chief Executive Officer. "He is well known for his strategic insights into the capital markets and with his many years of transaction experience, he will play a key role in AES’ plans to unlock shareholder value. I also want to thank Mary Wood for her outstanding leadership of the AES finance organization over the past three months.”<br />Mr. O’Flynn earned a BA in Economics from Northwestern University and an MBA from the University of Chicago. He currently serves on the Board of Directors of BrightSource Energy and the New Jersey Performing Arts Center, and previously served on the Board of the Edison Electric Institute.