Apollo Global Management, Inc. ·APO

Two parallel presidents run asset management and retirement services

Financials · Fortune #163 · Divisional structure · 5K employees · New York, NY

View as of:
6
CEO span
↓ tighter than peers (avg 8)
3.5
Avg span
moderate
3
Max depth
3 levels
7.3 yr
Avg tenure
stable vs FY2024
67%
Internal hires
↑ above industry avg
Consolidated financials FY2025 · period end 2025-12-31 · 10-K
Revenue
$32.0B
Net income
$3.5B
Total assets
$460.9B
Shares out
578M

Sourced from Apollo Global Management, Inc. DEF 14A · filed 2026-04-24 ↗ View on SEC

Interactive org chart

Apollo Global Management, Inc. organizational chart

Explore the executive structure, reporting layers, and scenario-ready operating model from public filings.

Open editable chart

Two parallel presidents run Apollo’s asset management and retirement services businesses. This page maps Apollo’s divisional structure, executive team, leadership changes, financials, and peer comparisons, highlighting how authority is distributed across its major investment platforms.

What to model

Use the chart to test org decisions, not just view reporting lines

Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.

Latest signal Athene Leadership changed role as CEO Transition

James Belardi stepped down as CEO of Athene effective July 1, 2025 while remaining Executive Chairman.

Source · See change log

Scenario views in the chart

  • Add Chief AI Officer Introduce a Chief AI Officer reporting to the CEO to coordinate data and AI strategy across investment teams.
  • Consolidate AAM Presidents Move both AAM co-presidents under the President to reduce CEO span and clarify accountability.

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The people

Who's running this

7 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.

internal

Marc Rowan

Chief Executive Officer & Chair

Executive

5 yr

11 reports

internal

Scott Kleinman

Co-President, Apollo Asset Management

Asset Management

7 yr

2 reports

internal

James Zelter

President

Executive

1 yr

0 reports

internal

John Zito

Co-President, Apollo Asset Management

Asset Management

3 yr

0 reports

internal

Martin Kelly

Chief Financial Officer

Finance

19 yr

1 reports

James Belardi

Executive Chairman & CIO, Athene / Apollo Insurance

Retirement Services

16 yr

1 reports

Whitney Chatterjee

Chief Legal Officer

Legal

3 yr

1 reports

The pay

Executive compensation

From the most recent DEF 14A Summary Compensation Table. 1 named executive officers disclosed. Bar length scales with total compensation.

Marc Rowan $913K
Base salary
$100K
Fiscal year
FY2025

The skin in the game

Beneficial ownership

Insider stock holdings and the company's ownership requirements for executives and directors. Disclosed in the most recent DEF 14A.

Stock ownership requirements
Director cash retainer

Independent directors expected to hold stock worth five times annual cash retainer.

The businesses

How Apollo Global Management, Inc. divides the work

3 divisions report into the group CEO. Tile size scales with estimated headcount.

Asset Management

2K employees

Co-President, Apollo Asset Management (Scott Kleinman)

Manages credit, private equity, and hybrid investment strategies globally.

Retirement Services

2K employees

Executive Chairman & CIO (James Belardi)

Operates Athene’s annuity and retirement solutions platform.

Finance

400 employees

Chief Financial Officer (Martin Kelly)

Oversees financial reporting, capital management, and treasury.

The thesis

Why this org is unusual

Apollo’s most distinctive structural feature is its dual-president model, with parallel leadership over asset management and retirement services.

The CEO maintains a broad span, but real operational control is exercised through divisional presidents and co-presidents. This reflects Apollo’s hybrid public-company/partnership heritage, where investment businesses retain autonomy. The structure also shows deep internal promotion, particularly within asset management and finance, reinforcing long-tenured leadership.
  • Dual presidents
  • No standalone COO
  • Founder-led insurance arm

The comparison

How Apollo Global Management, Inc. stacks up

Compared with Blackstone and KKR, Apollo places relatively more authority in divisional presidents rather than a single COO. Unlike BlackRock’s highly centralized functional model, Apollo preserves investment-led silos. This mirrors Carlyle’s historic structure but with fewer layers, keeping decision rights close to …

C-suite size

Apollo Global Management, Inc.
7
Carlyle
8
Ares
7

Reporting depth

Apollo Global Management, Inc.
3 levels
5 levels
5 levels
Carlyle
5 levels
Ares
4 levels

Avg C-suite tenure

Apollo Global Management, Inc.
7 yr
9 yr
Carlyle
8 yr
Ares
7 yr

Has COO / Has CAIO

Apollo Global Management, Inc. — no COO — no CAIO
Blackstone ✓ COO — no CAIO
KKR ✓ COO — no CAIO
Carlyle ✓ COO — no CAIO
Ares — no COO — no CAIO

Current signals

What changed recently

The most significant recent change was James Zelter’s promotion to President in January 2025, formalizing divisional oversight.

  • reorg
    Athene Leadership CEO Transition

    James Belardi stepped down as CEO of Athene effective July 1, 2025 while remaining Executive Chairman.

    Source
  • Date not confirmed promoted
    James Zelter President

    Promoted to President effective January 2025.

    Source

Leadership Timeline

Year-over-year executive structure based on SEC proxy and annual filings.

FY2025
DEF 14A filed 2026-04-24
CEO
Marc Rowan
CEO span
6
C-suite
6
Avg tenure
7.1 yr

Formalized dual-president structure across asset management and retirement services.

Named executive officers (5)
  • Marc Rowan - CEO since 2021
  • Martin Kelly - CFO since 2006
  • James Belardi - Executive Chairman, AHL since 2009
  • John Zito - Co-President, AAM since 2023
  • Whitney Chatterjee - Chief Legal Officer since 2023
FY2024
DEF 14A filed 2025-04-25
CEO
Marc Rowan
CEO span
6
C-suite
6
Avg tenure
7.5 yr

Athene CEO role still held by founder James Belardi.

Named executive officers (5)
  • Marc Rowan - CEO since 2021
  • Martin Kelly - CFO since 2006
  • Scott Kleinman - Co-President, AAM since 2018
  • James Belardi - CEO, AHL since 2009
  • Whitney Chatterjee - Chief Legal Officer since 2023

Year-over-year changes

FY2024 → FY2025

Leadership shifted with a new President appointment and Athene CEO transition.

  • CEO span: 6 → 6
  • C-suite size: 6 → 6
  • Avg tenure: 7.5 → 7.1 yr
  • promoted James Zelter - President (was Co-President, AAM) (DEF 14A Apr 2026)
  • retitled James Belardi - Executive Chairman, AHL (was CEO, AHL) (DEF 14A Apr 2026)

Frequently Asked Questions

Who is the CEO of Apollo Global Management?

Marc Rowan has served as CEO since 2021 and also chairs the board.

What type of organizational structure does Apollo Global Management use?

Apollo operates a divisional structure centered on asset management and retirement services.

How many direct reports does Apollo Global Management's CEO have?

The CEO has six direct reports.

How has Apollo Global Management's leadership changed recently?

In January 2025, James Zelter was promoted to President, and Athene transitioned to a new CEO.

Does Apollo Global Management have a COO?

No, Apollo does not have a standalone COO; operational authority sits with divisional presidents.

Sources

  • DEF 14A, Apr 2026
  • Company Proxy, Apr 2026
  • SEC EDGAR: Apollo Global Management, Inc. DEF 14A Proxy Statement
  • SEC EDGAR: Apollo Global Management, Inc. 10-K Annual Report

Reference

Cite this page

If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.

APA 7th
Creately. (2026). Apollo Global Management, Inc. organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/apollo-global-management/
MLA 9th
"Apollo Global Management, Inc. Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/apollo-global-management/. Accessed .
Chicago 17
Creately. "Apollo Global Management, Inc. Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/apollo-global-management/.
Original SEC source View on SEC ↗
Apollo Global Management, Inc.. DEF 14A. Filed 2026-04-24. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/1858681/000119312526177321/d948913ddef14a.htm

Permanent URL: https://creately.com/org-chart/fortune-500/apollo-global-management/ · last updated 2026-04-01

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