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Apollo Global Management's Athene Board Appoints Grant Kvalheim As CEO, Effective July 1, 2025; Names Jim Belardi Chair

Benzinga·06/16/2025 12:33:07
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Company Veteran Grant Kvalheim Named Chief Executive

Jim Belardi Named Executive Chair, Will Continue to Serve as CIO

Mike Downing and Sean Brennan Named Co-Presidents of Athene USA

WEST DES MOINES, Iowa, June 16, 2025 (GLOBE NEWSWIRE) -- Athene, the leading retirement services company and subsidiary of Apollo Global Management, Inc. (NYSE:APO), announced today that its Board of Directors has appointed Grant Kvalheim as Chief Executive Officer, effective July 1, 2025. Kvalheim, a 14-year veteran of Athene, most recently served as President, with responsibility for running the company's U.S. operations, as well as growth initiatives. Jim Belardi, Co-founder, was named Executive Chairman and will remain Chief Investment Officer.