This excerpt taken from the AES 8-K filed Dec 17, 2008.
B. (Jay) Morse, Jr., Senior Executive of The Washington Post Company,
ARLINGTON, VA, December 17, 2008 The AES Corporation (NYSE:AES) announced today that John (Jay) B. Morse, Jr. has joined the AES Board of Directors. He was elected to the Board on December 12, 2008, and is expected to serve as a member of its Financial Audit Committee.
Jay brings invaluable experience in all facets of audit and accounting. His insight from having led the financial operations of one of the areas most important institutions and worked with multiple boards and accounting associations will be an important asset to AES, said Phil Odeen, Chairman of the Board of AES.
Mr. Morse is the retired Senior Vice President, Finance and Chief Financial Officer of The Washington Post Company (The Post), where he had responsibility for technology, investor relations, treasury and investment functions as well as tax, audit and accounting. Mr. Morse joined The Post in July 1989 as Vice President and Controller. He also serves as President of Washington Post Telecommunications, Inc. and Washington Post Productions, Inc.
Mr. Morse joins the AES Board as an independent member. He is also a director and chairman of Host Hotels & Resorts Corporation, and a director of the Home Shopping Network (HSN). Mr. Morse also serves as President of the College Foundation of the University of Virginia.
Prior to joining The Post, Mr. Morse was a partner at Price Waterhouse (now PricewaterhouseCoopers), an international accounting firm, where he worked with publishing/media companies and multilateral lending institutions for more than 17 years.
A certified public accountant, Mr. Morse is a member of the American Institute of Certified Public Accountants and the Financial Executives Institute. In addition, Mr. Morse is a member of the Financial Accounting Standards Advisory Council and he is a past chairman of the US Council for Financial Executives of the Conference Board.
Mr. Morse holds a B.A. in History from the University of Virginia and an M.B.A. in Industrial Relations and Accounting from the Wharton School of Finance at the University of Pennsylvania.