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The latest announcement is out from Apollo Global Management ( (APO) ).
On January 9, 2025, Apollo Global Management appointed Jim Zelter as President, marking a strategic move to support the company’s growth plans and operational expansion. This leadership change, along with John Zito’s appointment as Co-President of Apollo Asset Management, is aimed at executing Apollo’s five-year plan, focusing on the convergence of public and private markets and the evolving role of financial institutions. The appointments demonstrate Apollo’s commitment to innovation in alternative asset management and retirement services, strengthening its position in a rapidly changing financial landscape.
More about Apollo Global Management
Apollo Global Management is a high-growth, global alternative asset manager focused on providing clients with excess returns across the risk-reward spectrum, from investment grade credit to private equity. The company also offers retirement services through its Athene subsidiary, specializing in retirement savings products and financial security solutions. As of September 30, 2024, Apollo managed approximately $733 billion in assets.
YTD Price Performance: -3.94%
Average Trading Volume: 5,385,360
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $90.15B
For detailed information about APO stock, go to TipRanks’ Stock Analysis page.
