Apollo Global Management Approves $10M RSU Grant to CFO Martin Kelly

Summary

On December 9, 2024, Apollo Global Management, Inc. (AGM) announced that its Compensation Committee has approved a grant of restricted stock units (RSUs) worth $10 million to Martin Kelly, the company's Chief Financial Officer. The grant, set to be awarded on December 20, 2024, is intended to recognize Mr. Kelly's performance and to retain him by aligning his compensation with peer groups. The RSUs, which are subject to performance conditions and vesting schedules, are intended to provide approximately $3.3 million per year over the next three years.