AES Corp. (AES -0.2%) says its Chairman, Philip Odeen, has retired after 10 years on the power...

AES Corp. (AES -0.2%) says its Chairman, Philip Odeen, has retired after 10 years on the power and utilities company's board and will be succeeded by director Charles Rossotti. Mr. Rossotti has been a Director on the board since March 2003 and serves as Chairman of the Financial Audit Committee. He also serves as a Senior Advisor with the Carlyle Group (CG +1.6%), one of the world's largest private equity firms.