Tag: reshaping

Apollo Global Increases Workforce by 9% Amidst Cultural Shift
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Apollo Global Increases Workforce by 9% Amidst Cultural Shift

During Apollo Global's recent investor call, CFO Martin Kelly revealed significant growth in the firm's workforce, stating that they hired 350 individuals last year, marking an approximate 9% increase. Kelly highlighted that half of the new hires were distributed across North America and Europe, with the remainder based in Mumbai. Looking ahead to 2024, Kelly emphasized Apollo's intention to pursue targeted hiring efforts, with continued focus on Mumbai while also prioritizing origination scaling, high net worth coverage expansion, and exploration of new products and creations. CEO Marc Rowan underscored Apollo's remarkable expansion trajectory since 2008, expressing pride in the firm's 14x growth rate, surpassing that of industry giants like Apple and Microsoft. Rowan's leadership, ...
DeSantis Halts Presidential Bid: Financial Woes and Fading Prospects
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DeSantis Halts Presidential Bid: Financial Woes and Fading Prospects

In a surprising turn of events, Florida Governor Ron DeSantis officially suspended his presidential campaign on Sunday, marking the end of a tumultuous week of internal discussions and mounting challenges following his distant second-place finish in the Iowa caucuses. Sources reveal that DeSantis, accompanied by his wife Casey, convened with key advisers at the Governor's Mansion in Tallahassee on Sunday morning for a final deliberation about the future of his campaign.  After a private conversation upstairs, the couple returned with DeSantis having already drafted lines for the announcement, signaling the conclusion of a campaign that seemed to lack a viable path forward. The decision-making process unfolded over the course of the past week, initiated immediately after DeSantis' ...