Ares Management Corporation Appoints New Co-Presidents
Introduction
Ares Management Corporation has made a significant announcement today, appointing Kipp deVeer and Blair Jacobson to the new positions of Co-Presidents. This move comes as part of Ares’ strategic plan to strengthen its leadership team and continue its growth in the alternative investment market. Both Mr. deVeer and Mr. Jacobson will bring their expertise and experience to their new roles, reporting directly to the CEO, Michael Arougheti.
Key Appointments
Mr. deVeer, based in New York, and Mr. Jacobson, in London, will work closely together in their new positions. With their combined knowledge and skills, they will play a key role in driving the company forward and achieving its long-term goals. This leadership transition showcases Ares’ commitment to excellence and innovation in the global investment landscape.
Impact on Investors
For investors, this appointment signals a new chapter for Ares Management Corporation. With a strengthened leadership team at the helm, the company is well-positioned to navigate the changing market conditions and deliver superior results for its clients. Investors can expect a continued focus on value creation and strategic investment opportunities under the guidance of the new Co-Presidents.
Effect on Me
As an investor, this announcement means that Ares Management Corporation is taking proactive steps to enhance its leadership team and drive performance. With the expertise and vision of the new Co-Presidents, I can expect a more robust investment strategy and potential for greater returns on my investments.
Global Impact
On a broader scale, Ares’ appointment of new Co-Presidents reflects the ongoing evolution of the alternative investment industry. By bringing in seasoned professionals to lead the company, Ares is setting a precedent for excellence and innovation in the global market. This move could influence other companies to follow suit and prioritize strong leadership in their operations.
Conclusion
In conclusion, Ares Management Corporation’s appointment of Kipp deVeer and Blair Jacobson as Co-Presidents marks a significant development in the company’s growth strategy. With a focus on leadership excellence and market innovation, Ares is poised to achieve success in the competitive investment landscape. Investors can look forward to continued value creation and strategic opportunities under the guidance of the new Co-Presidents.
