Apollo Management Announces Addition of Adam Aron as a Senior Operating Partner.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Apollo Management Apollo Management L.P. is a private equity L.P. firm, founded in 1990 by Leon Black (Apollo Advisors). Based in New York, it also has offices in Los Angeles and London. It has invested over $16 billion in companies inside and outside the of the United States. today announced the addition of Adam Aron as a senior operating partner. Mr. Aron served as the chairman and chief executive officer of Vail Resorts Vail Resorts, Inc. runs four ski resorts in Colorado, as well as one in Lake Tahoe (on the California-Nevada border) and a summer resort in Wyoming. They also own luxury resort hotels throughout the United States. The company trades on the New York Stock Exchange, symbol MTN. from 1996 until 2006 and is currently vice chairman of the Travel Industry Association of America. Apollo's senior operating partners are veterans in their respective industries and complement Apollo's expertise in a range of sectors including business services, chemicals, consumer & retail, financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , media and satellite among others. In his new role, Mr. Aron will bring his industry-leading expertise to Apollo's travel and leisure, lodging and entertainment-related investment activities. Steve Anreder, a spokesperson for Apollo, said, "Apollo's partners are delighted to continue to work with Adam following his outstanding accomplishments at Vail. Adam brings more than 25 years of industry experience and an extraordinary leadership track record to Apollo's activities in these sectors." Mr. Aron added, "I have worked with Apollo for more than a decade as the CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Vail Resorts and can readily attest how companies benefit from Apollo's multi-faceted experience, deep financial resources and keen business judgment. I eagerly look forward to building on the firm's achievements in the travel industry by combining our experience and relationships." Mr. Aron also currently serves on several boards of directors, including Starwood Hotels and Resorts Worldwide, FTD FTD Financial Times Deutschland (German sister newspaper of the Financial Times) FTD Frontotemporal Dementia FTD Fitted FTD Federal Tax Deposit FTD Flight Training Device FTD Fastest Time of the Day Group, Rewards Network and Carey International. About Apollo Management Apollo is a leading private equity, debt and capital markets investor with more than 16 years of experience investing across the capital structure of leveraged companies. The firm employs more than 70 investment professionals and has offices in New York, London and Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. . Since its inception, Apollo has invested over $16 billion in a wide variety of industries both domestically and internationally. The firm's most recent private equity fund and its co-investment affiliate has capital commitments of $11.6 billion. |
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