Apollo Global Management, Inc. (NYSE:APO), a leading global alternative investment manager, announced the results of its 2024 Annual Meeting of Stockholders held today. The company confirmed the re-election of all sixteen director nominees for a one-year term expiring at the 2025 Annual Meeting.
The re-elected board members include Marc Beilinson, James Belardi, Jessica Bibliowicz, Walter (Jay) Clayton, Michael Ducey, Kerry Murphy Healey, Mitra Hormozi, Pamela Joyner, Scott Kleinman, A.B. Krongard, Pauline Richards, Marc Rowan, David Simon, Lynn Swann, Patrick Toomey, and James Zelter. Each director received a majority of votes cast, with Marc Beilinson receiving the least support at 393,614,533 votes for and 69,658,202 against, and Kerry Murphy Healey receiving the most support at 456,333,296 votes for and 6,927,376 against.
In addition to the board elections, stockholders ratified the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2024. The proposal passed with 504,738,074 votes for and 4,040,624 votes against.
Apollo Global Management, headquartered in New York, is known for its expertise in credit, private equity, and real assets across a range of core industries. The company operates on a global scale and is incorporated in Delaware. Today's voting outcomes reflect the continuity of leadership that has been guiding the company.
The information for this article is based on a press release statement.
In other recent news, Apollo Global and Kyndryl Holdings are considering a joint acquisition of DXC Technology (NYSE:DXC), a significant development in the information technology sector. Concurrently, Apollo Global has priced a $750 million senior notes offering due 2054, with the net proceeds estimated at approximately $743.4 million to be allocated for general corporate purposes. The company also announced a separate senior notes offering, further indicating its strategic financial moves.
Meanwhile, Apollo Global is reportedly negotiating with Sony (NYSE:SONY) Pictures Entertainment to acquire Paramount Global for $26 billion, a move that could reshape the entertainment industry. Apollo is also involved in discussions with Intel Corporation (NASDAQ:INTC) for a potential $11 billion investment in a manufacturing facility in Ireland, as per Deutsche Bank (ETR:DBKGn) reports.
These developments underscore Apollo Global's active engagement in significant financial offerings and potential acquisitions, as well as its strategic collaborations in various sectors.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.