Marc Rowan emphasized the importance of succession planning at Apollo Global, indicating a responsibility to identify potential leadership and ensuring backups for all key roles.
Rowan highlighted senior partners like Scott Kleinman, Jim Zelter, Grant Kvalheim, and Jim Belardi as strong candidates for leadership positions, indicating a robust pipeline of talent.
He mentioned there are ‘another 10 in asset management and another handful in retirement services’ who represent the next generation of Apollo executives, suggesting an impending change.
Rowan indicated that over the next 12 months, Apollo will start to actively push forward the next generation of leaders, ensuring a smooth transition in management.
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