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As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 8/30/22 Apollo Asset Management, Inc. 8-K:5,9 8/30/22 12:245K Paul Weiss Ri… LLP 01/FA |
Document/Exhibit Description Pages Size 1: 8-K Current Report HTML 33K 2: EX-99.1 Miscellaneous Exhibit HTML 12K 7: R1 Cover HTML 49K 10: XML IDEA XML File -- Filing Summary XML 12K 8: XML XBRL Instance -- eh220282741_8k_htm XML 19K 9: EXCEL IDEA Workbook of Financial Reports XLSX 8K 4: EX-101.DEF XBRL Definitions -- aampra-20220830_def XML 73K 5: EX-101.LAB XBRL Labels -- aampra-20220830_lab XML 102K 6: EX-101.PRE XBRL Presentations -- aampra-20220830_pre XML 70K 3: EX-101.SCH XBRL Schema -- aampra-20220830 XSD 15K 11: JSON XBRL Instance as JSON Data -- MetaLinks 27± 34K 12: ZIP XBRL Zipped Folder -- 0000950142-22-002613-xbrl Zip 24K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): i August 30, 2022
i Apollo Asset Management, Inc.
(Exact name of registrant as specified in its charter)
i Delaware | i 001-35107 | i 20-8880053 | ||
(State of Incorporation) | (Commission File Number) |
(IRS Employer Identification Number) |
i 9 West 57th Street, i 42nd Floor
i New York, i New York i 10019
(Address of principal executive offices) (Zip Code)
(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:
Securities registered pursuant to Section 12(b) of the Act:
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
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. ☐
C:
Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
Appointment of Officer
On August 30, 2022, Apollo Asset Management, Inc. (the “Company”) announced that Byron Vielehr has been appointed Chief Operating Officer of the Company, effective September 30, 2022.
Since 2013, Byron Vielehr, 58, has been an officer at Fiserv, Inc. (“Fiserv”), a leading Payments and Fintech provider. Most recently, he was its Chief Growth Officer. Before that, he served as Fiserv’s President, Payments and Digital Solutions, after serving as its Chief Administrative Officer and as Group President, responsible for Fiserv’s core account processing business. Mr. Vielehr has a Master’s in Business Administration from the Wharton School of the University of Pennsylvania and a Bachelor of Arts in Marketing and Finance from Drexel University’s LeBow College of Business.
In respect of his service as Chief Operating Officer of the Company, Mr. Vielehr will earn an annual base salary of $650,000 and will be eligible to receive an annual discretionary bonus and other partner-level benefits. For services performed in 2022, Mr. Vielehr’s discretionary bonus will be $1,850,000. In connection with his appointment at the Company, Mr. Vielehr will receive a one-time grant of cash incentive income restricted stock units of Apollo Global Management, Inc. (“AGM”) (“performance RSUs”) with an aggregate value of $13,500,000 that will vest in three equal annual installments, subject to the receipt of sufficient performance fees and certain other terms of the award agreement and the AGM 2019 Omnibus Equity Incentive Plan. Mr. Vielehr will also receive additional one-time grants of performance RSUs in lieu of certain Fiserv compensation that he will forfeit: (1) one in the amount of up to $5,350,000 (eligible to vest upon an involuntary termination), and (2) one in the amount of $3,750,000, which awards will vest in three equal annual installments. It is anticipated that Mr. Vielehr will enter into the Company’s standard indemnification agreement for its directors and executive officers.
A copy of the press release announcing the appointment of Mr. Vielehr as Chief Operating Officer of the Company is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits
Exhibit No. | Description | |
99.1 | Press release, dated August 30, 2022 | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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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 ASSET MANAGEMENT, INC. |
||||
Date: August 30, 2022 |
By: |
/s/ Jessica L. Lomm |
||
Jessica L. Lomm |
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Vice President and Secretary |
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This ‘8-K’ Filing | Date | Other Filings | ||
---|---|---|---|---|
9/30/22 | None on these Dates | |||
Filed on / For Period end: | 8/30/22 | |||
List all Filings |