Apollo Makes Key Leadership Appointments Aligned to Firm's Five-Year Plan Announced at 2024 Investor Day

Core Insights - Apollo Global Management has announced key leadership changes, including the appointment of Jim Zelter as President and John Zito as Co-President of Apollo Asset Management, reflecting the company's operational expansion and growth plans [1][2][3] Leadership Changes - Jim Zelter has been appointed as President of Apollo Global Management, working closely with CEO Marc Rowan to implement a five-year strategic plan [1][3] - John Zito has been named Co-President of Apollo Asset Management, alongside Scott Kleinman, overseeing all investment activities and daily management [2][3] Strategic Vision - CEO Marc Rowan emphasized the importance of these appointments in strengthening Apollo's position in response to trends such as the convergence of public and private markets and the evolving role of financial institutions [3] - The leadership changes are part of a broader five-year plan aimed at capitalizing on emerging opportunities in the financial services sector [3] Company Overview - Apollo is a high-growth global alternative asset manager with approximately $733 billion in assets under management as of September 30, 2024 [4] - The company focuses on providing clients with excess returns across various risk-reward spectrums, including investment-grade credit and private equity [4]