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 September6, 2017, Apollo Global Management, LLC (the “Company” and together with its consolidated subsidiaries, “Apollo”) appointed Robert MacGoey to succeed Elliott Russell in the role of Chief Accounting Officer and Controller of the Company with such appointment to be effective immediately. Since February 2017, Mr.Russell served as Chief Accounting Officer and Controller of the Company on an interim basis while the Company conducted a search for a permanent Chief Accounting Officer and Controller.
Robert MacGoey, 42, joined the Company from PricewaterhouseCoopers LLP, where he was most recently a partner in the New York office. From 2015 to 2017, Mr.MacGoey was a partner in the Financial Services Deals practice of PricewaterhouseCoopers, where he provided a broad range of mergers and acquisitions related services including buy-side due diligence, divestiture services, accounting and corporate finance advice. From 2010 to 2015, Mr.MacGoey was a partner in the Banking& Capital Markets Assurance practice of PricewaterhouseCoopers, where he served several of the largest global banks. Mr.MacGoey joined the Dublin office of PricewaterhouseCoopers LLP in 1998 and transferred to the New York office in 2002. Mr.MacGoey graduated from the Waterford Institute of Technology with a Bachelor of Business Studies degree in Accounting and received his Master’s degree in Accounting from the Michael Smurfit Graduate School of Business, University College Dublin. Mr.MacGoey is a fellow of the Institute of Chartered Accountants in Ireland and is a Certified Public Accountant in New York. Mr.MacGoey previously served three terms as chairman of the American Ireland Fund’s Young Leaders in New York and is a member of the Board of Advisors for Self Help Africa USA.
Mr.MacGoey is scheduled to receive, on or about January1, 2018, interests under a carried interest program that will entitle him to participate in carried interest revenues generated by various funds managed by Apollo, which interests shall have an aggregate projected value of $1,500,000. In the event of Mr.MacGoey’s employment termination, one half of these interests will vest over six years, with the remainder vesting over three years, in each case through the date that notice of such employment termination is given or received.
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 -0.03 at 28.58 with 906,446 shares trading hands.
