Apollo Global Management Inc. (New) filed SEC Form 8-K: Leadership Update
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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CURRENT REPORT
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| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
As previously disclosed, on December 31, 2023, John Suydam will transition from chief legal officer of Apollo Global Management, Inc. (the “Company”) to a senior advisor and partner. On December 5, 2023, in connection with Mr. Suydam’s new role, the Compensation Committee of the Board of Directors of the Company approved an amendment to the terms of Mr. Suydam’s employment agreement that sets his base salary at $1 million per annum, eliminates his rights to receive guaranteed annual bonuses (in the form of restricted stock unit awards or otherwise) and continues his eligibility for other compensation programs and benefits, such as participation in performance fee programs. On January 1, 2024, Whitney Chatterjee, the Company’s general counsel, will assume the role of chief legal officer of the Company, as previously disclosed.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| APOLLO GLOBAL MANAGEMENT, INC. | |||
| Date: December 8, 2023 | By: | /s/ Jessica L. Lomm | |
| Name: | Jessica L. Lomm | ||
| Title: | Vice President and Secretary | ||