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IPL and DP&L Announce Resignation of President and CEO Craig Jackson

INDIANAPOLIS, Ind. & DAYTON, Ohio–(BUSINESS WIRE)–The AES Corporation (NYSE: AES) United States Strategic Business Unit
(US SBU) announced today that Indianapolis Power & Light Company (IPL)
and Dayton Power and Light Company (DP&L) President and CEO Craig
Jackson has resigned to spend more time with his family and begin
exploring new career opportunities. Jackson will leave the Company
effective December 31, 2018. The Company has begun a search for
Jackson’s successor.

“My thanks go out to Craig for his unwavering commitment to delivering
value and superior service to our customers,” said Lisa Krueger, AES US
SBU President. “As a result of Craig’s leadership, we refocused our
business strategy in DP&L and exited the generation business in Ohio. At
IPL, we’ve invested over $2 billion in ‘greening’ our generation
portfolio and providing reliable and affordable energy to IPL customers.”

“I am proud of all the accomplishments we’ve made together at AES over
the past seven years,” said Jackson. “It’s been an honor to serve the
people of Indianapolis and Dayton and the surrounding communities by
providing reliable and affordable energy.”

Jackson joined AES as part of the DPL acquisition in 2011. Over the last
seven years, Jackson has held numerous leadership positions prior to his
current role as IPL and DP&L President and CEO, including US SBU CFO and

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 2017 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 490,000 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,
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
significant subsidiaries include The Dayton Power and Light Company, AES
Ohio Generation, LLC (AES Ohio Gen), Miami Valley Insurance Company
(MVIC), and Miami Valley Lighting, LLC (MVLt). The Dayton Power and
Light Company, a regulated electric utility, provides service to over
520,000 customers in West Central Ohio; MVIC, a captive insurance
company, provides insurance services to DPL and its subsidiaries, and
MVLt maintains outdoor lighting to governments and businesses. 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,
and at https://www.facebook.com/DPLToday.


Claire Rice
Indianapolis Power & Light Company
Media Line:
[email protected]

Mary Ann Kabel
Dayton Power and Light Company
Media Line:
[email protected]