UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): December 5, 2023
Apollo Global Management, Inc.
(Exact name of registrant as specified in its charter)
| Delaware | | 001-41197 | | 86-3155788 |
(State or other jurisdiction
of incorporation) | | (Commission
File Number) | | (IRS Employer
Identification No.) |
9 West 57th Street, 42nd Floor
New York, New York 10019
(Address of principal executive offices) (Zip Code)
(212) 515-3200
(Registrant’s Telephone Number, Including Area Code)
N/A
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | | Trading Symbol(s) | | Name of each exchange on which registered |
| Common Stock | | APO | | New York Stock Exchange |
| 6.75% Series A Mandatory Convertible Preferred Stock | | APO.PRA | | New York Stock Exchange |
| 7.625% Fixed-Rate Resettable Junior Subordinated Notes due 2053 | | APOS | | New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| 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 | |
