The company said its independent board members approved the appointment of Jim Zelter as President of Apollo Global Management, Inc. on January 9, 2025, effective immediately upon approval.

1. 01

   The company said its independent board members approved the appointment of Jim Zelter as President of Apollo Global Management, Inc. on January 9, 2025, effective immediately upon approval.

2. 02

   Zelter will remain on the AGM board, but he stepped down as Co-President of Apollo Asset Management, Inc. as of that date, the company said. It added that there are no changes to his employment agreement or existing compensation arrangements.

3. 03

   Apollo Global Management said in a press release dated January 15, 2025 that John Zito was named Co-President of AAM alongside Scott Kleinman. The two will oversee all investing activity and day-to-day management of the asset management business, and Zito will continue as Head of Credit.

4. 04

   The company said the new President role was created and that Zelter will work with CEO Marc Rowan to drive the 5-year plan and lead key strategic initiatives. Board Chair Jay Clayton said the firm is finalizing a 5-year extension of Marc Rowan's leadership.

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