AES United States Strategic Business Unit (SBU) Announces New President of U.S. Utilities
May 16 2019 - 2:57PM
Business Wire
The AES Corporation (NYSE: AES) United States Strategic Business
Unit announced today that Vincent Parisi has been named its new
President of U.S. Utilities, effective June 3, 2019.
As President of U.S. Utilities for AES, Parisi will serve as
President and CEO of Indianapolis Power & Light Company (IPL)
and The Dayton Power and Light Company (DP&L).
Currently, the vice president of Columbia Gas of Ohio, Inc., a
NiSource company, Parisi has 18 years of experience in the
utilities industry, serving as a senior executive for 16 of those
years.
“We are pleased to have someone of Vince’s caliber join us at
the helm of IPL and DP&L,” said Lisa Krueger, AES United States
Strategic Business Unit President. “His knowledge of the Midwest
utilities industry, combined with his strong focus on serving
customers, will allow us to continue to provide reliable,
affordable and smarter power to our customers today while preparing
for the energy future.”
Prior to leading Columbia Gas of Ohio, Inc., Parisi was in
executive leadership roles at Gas Natural, Inc. and IGS Energy. He
holds a bachelor’s degree in economics from The Ohio State
University, and a law degree from Capital University Law
School.
“I am honored to lead these two forward-thinking companies
during a pivotal time in our industry,” said Parisi. “As technology
continues to advance, IPL and DP&L have applied best practices
to energy service, delivering value and a high level of customer
service. I look forward to continuing that tradition of innovation
and quality for the customers and communities we are privileged to
serve.”
About The AES Corporation, IPL and DP&L
The AES Corporation (NYSE: AES) is a Fortune 500 global
power company. We provide affordable, sustainable energy to 15
countries through our diverse portfolio of distribution businesses
as well as thermal and renewable generation facilities. Our
workforce is committed to operational excellence and meeting the
world’s changing power needs. Our 2018 revenues were $11
billion and we own and manage $33 billion in total assets. To
learn more, please visit www.aes.com. Follow AES on Twitter
@TheAESCorp.
Indianapolis Power & Light Company (IPL), an AES
Company, provides retail electric service to more than 500,000
residential, commercial and industrial customers in Indianapolis,
as well as portions of other Central Indiana communities
surrounding Marion County. During its long history, IPL has
supplied its customers with some of the lowest-cost, most reliable
power in the country. For more information about the company,
please visit www.IPLpower.com or connect with us at
www.twitter.com/IPLpower, www.facebook.com/IPLpower or
www.linkedin.com/company/IPLpower.
The Dayton Power and Light Company is the principal
subsidiary of DPL Inc. (DPL), a regional energy provider and an
AES company. DPL’s primary subsidiaries include The Dayton Power
and Light Company, AES Ohio Generation, LLC (AES Ohio Gen) and
Miami Valley Insurance Company (MVIC). The Dayton Power and Light
Company, a regulated electric utility, provides service to over
525,000 customers in West Central Ohio; MVIC, a captive insurance
company, provides insurance services to DPL and its subsidiaries;
and AES Ohio Gen co-owns merchant generation facilities. For more
information about the company, please visit www.dplinc.com. Connect
with DP&L at www.twitter.com/dpltoday,
www.linkedin.com/company/dayton-power-and-light, and at
www.facebook.com/DPLToday.
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version on businesswire.com: https://www.businesswire.com/news/home/20190516006009/en/
IPL Media TeamIndianapolis Power & LightMedia Line:
317.261.5905
Mary Ann KabelDayton Power and LightMedia Line: 937.224.5940
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