Mr Morse is a retired senior vice president for finance and CFO of The Washington Post Company, where he had responsibility for technology, investor relations, treasury and investment functions as well as tax, audit and accounting. Mr Morse joins the AES board as an independent member. He is also a director and chairman of Host Hotels & Resorts, and a director of the Home Shopping Network. Phil Odeen, chairman of AES, said: "Jay brings invaluable experience in all facets of audit and accounting. His insight from having led the financial operations of one of the area's most important institutions and worked with multiple boards and accounting associations will be an important asset to AES."