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

Core Viewpoint - Apollo Global Management has announced significant 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] Group 1: 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 investing activities and daily management [2][3] - These appointments are part of Apollo's strategy to strengthen its leadership team and align with its growth objectives in the financial services sector [3] Group 2: Strategic Vision - CEO Marc Rowan emphasized the importance of adapting to trends such as the convergence of public and private markets and the evolving role of financial institutions [3] - The leadership changes are designed to enhance Apollo's capabilities in alternative asset management and retirement services, aiming to meet modern investment needs [3][4] - As of September 30, 2024, Apollo manages approximately $733 billion in assets, showcasing its significant market presence and growth potential [4]