Ares Management Corp Files 8-K on Officer/Director Changes
Ticker: ARES-PB · Form: 8-K · Filed: Feb 5, 2025 · CIK: 1176948
| Field | Detail |
|---|---|
| Company | Ares Management Corp (ARES-PB) |
| Form Type | 8-K |
| Filed Date | Feb 5, 2025 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, officer-changes, director-changes
TL;DR
Ares Management Corp filed an 8-K on Feb 5, 2025, reporting changes to directors, officers, and compensation. Stay tuned for details.
AI Summary
On February 5, 2025, Ares Management Corporation filed an 8-K report detailing changes in its board of directors and officers, along with updates to compensatory arrangements. The filing also includes information regarding Regulation FD disclosures and financial statements and exhibits. Specific details on the individuals involved, dollar amounts, and precise dates of these changes are not provided in this summary section of the filing.
Why It Matters
This filing signals potential shifts in the company's leadership and governance structure, which could impact strategic direction and investor confidence.
Risk Assessment
Risk Level: low — The filing is a routine corporate disclosure of personnel and compensation matters, not indicating immediate financial distress or significant operational changes.
Key Players & Entities
- Ares Management Corporation (company) — Registrant
- February 5, 2025 (date) — Date of earliest event reported
FAQ
What specific changes were made to the board of directors or officers?
The filing indicates changes related to 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers' but does not specify the names or roles affected in the provided text.
Are there any new compensatory arrangements for certain officers?
The filing lists 'Compensatory Arrangements of Certain Officers' as an item of disclosure, suggesting updates or new arrangements may be detailed within the full report.
What is the significance of the Regulation FD Disclosure mentioned?
Regulation FD (Fair Disclosure) ensures that material non-public information is disclosed to all investors simultaneously, so this item likely pertains to such disclosures made by Ares Management Corp.
What types of financial statements and exhibits are included in this filing?
The filing states 'Financial Statements and Exhibits' are included, but the specific nature or content of these documents is not detailed in the provided text.
When was Ares Management Corporation incorporated and in which state?
Ares Management Corporation was incorporated in Delaware, as indicated by the filing.
Filing Stats: 1,188 words · 5 min read · ~4 pages · Grade level 9.6 · Accepted 2025-02-05 06:08:11
Key Financial Figures
- $0.01 — stered Class A common stock, par value $0.01 per share ARES New York Stock Exchange
Filing Documents
- ares-20250205.htm (8-K) — 38KB
- exhibit991leadershipupdate.htm (EX-99.1) — 11KB
- 0001628280-25-003905.txt ( ) — 227KB
- ares-20250205.xsd (EX-101.SCH) — 3KB
- ares-20250205_def.xml (EX-101.DEF) — 17KB
- ares-20250205_lab.xml (EX-101.LAB) — 30KB
- ares-20250205_pre.xml (EX-101.PRE) — 18KB
- ares-20250205_htm.xml (XML) — 4KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On February 5, 2025, the Company issued a press release announcing the appointment of Messrs. deVeer and Jacobson as Co-Presidents of the Company, as described under Item 5.02 above. The text of the press release is attached as Exhibit 99.1 to this Form 8-K. The information disclosed under this Item 7.01, including Exhibit 99.1 hereto, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Exchange Act and shall not be deemed incorporated by reference into any filing made under the Securities Act of 1933, except as expressly set forth by specific reference in such filing. 2
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits: Exhibit Number Description 99.1 Press Release, dated February 5, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 3
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ARES MANAGEMENT CORPORATION Dated: February 5, 2025 By: /s/ Naseem Sagati Aghili Name: Naseem Sagati Aghili Title: General Counsel and Corporate Secretary 4