Apollo Global Management, LLC (NYSE:APO) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02.
Appointment of Officer
On February 9, 2017, Apollo Global Management, LLC (the “Company”) appointed current Head of Accounting Policy, Elliott Russell, to serve as Chief Accounting Officer and Controller of the Company with such appointment to be effective immediately. Mr. Russell has been appointed to this role on an interim basis while the Company conducts a search for a permanent Chief Accounting Officer and Controller.
Mr. Russell, 38, joined the Company in 2008, serving in a variety of leadership roles and most recently serving as the Head of Accounting Policy, where he was primarily responsible for oversight of the accounting and reporting for Company transactions, establishing and ensuring compliance with accounting policies, and structuring of strategic transactions from an accounting perspective. Prior to joining the Company, Mr. Russell held various positions in the Banking and Capital Markets group at Ernst & Young LLP. He received a Bachelor of Accountancy in 2001 and a Master of Accountancy in 2002, each from the University of Mississippi. Mr. Russell is a Certified Public Accountant.
Resignation of Officer
Effective February 9, 2017, Christopher Weidler resigned from his position as Chief Accounting Officer and Controller of the Company. Mr. Weidler also resigned from all other positions he held with the Company and its affiliates. Mr. Weidler’s resignation is not a result of any disagreement with the Company’s independent auditors or any member of management on any matter of accounting principles or practices, financial statement disclosure or internal controls.
About Apollo Global Management, LLC (NYSE:APO)
Apollo Global Management, LLC (Apollo) is an alternative investment manager in private equity, credit and real estate. The Company raises, invests and manages funds on behalf of pension, endowment and sovereign wealth funds, as well as other institutional and individual investors. The Company operates through three segments: Private equity, Credit and Real estate. The Private equity segment invests in control equity and related debt instruments, convertible securities and distressed debt instruments. The Credit segment invests in non-control corporate and structured debt instruments, including performing, stressed and distressed instruments across the capital structure. The Real estate segment invests in real estate equity for the acquisition and recapitalization of real estate assets, portfolios, platforms and operating companies, and real estate debt, including first mortgage and mezzanine loans, preferred equity and commercial mortgage backed securities. Apollo Global Management, LLC (NYSE:APO) Recent Trading Information
Apollo Global Management, LLC (NYSE:APO) closed its last trading session down -0.28 at 23.34 with 1,240,731 shares trading hands.