Apollo Global Management announced a new five-year agreement for CEO Marc Rowan, effective January 1, 2025. Mr. Rowan will continue to receive an annual base salary of $100,000 and will be eligible for benefit plans. He will also be granted rights to receive a percentage of performance fee income with a target annual value of $10 million, subject to one-year vesting, and deferred the initial amount for three years. Apollo is establishing a new donor-advised fund with a $200 million contribution, with Mr. Rowan making donation recommendations in partnership with AGM for the next five years. The company previously committed $100 million to the Apollo Opportunity Foundation launched in 2022. Brian Leach has been appointed to the Board of Directors, increasing its size to 17, effective March 1, 2025. Mr. Leach has been determined to be an independent director and an audit committee financial expert.