Global alternative investment manager Apollo Global Management announced today the appointment of Dave Stangis as a Senior Partner, joining the firm in the newly created position of Chief Sustainability Officer, with responsibility for leading Apollo’s sustainability efforts, building on the firm’s ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. program.
Apollo CEO Marc Rowan said:
“We are pleased to welcome Dave to our team. His unparalleled experience and leadership not only reinforce our commitment to sustainability but also provide clear evidence of our ambitions going forward as we look to continue to drive operational rigor and positive impact around the globe. Sustainability is simply better business and a critical component of our long-term growth strategy.”
Stangis joins Apollo from advisory services firm 21C Impact, which he founded and served as CEO, advising CEOs and C-suite executives on ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. technology and sustainability strategies. He has held a variety of senior sustainability-focused roles at several major companies, including serving as Chief Sustainability Officer for Campbell Soup Company, and as Director of Corporate Responsibility for Intel.
Apollo Co-Presidents Scott Kleinman and Jim Zelter said:
“Dave has a track record of designing and implementing programs that are tightly integrated with business strategies. He will help to ensure we fully harness our scale and resources to enhance our commitment to sustainability and create real value for all of our stakeholders. Dave’s appointment builds on the great progress achieved under the leadership of Laurie Medley, our Global Head of ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments., and her team.”
Stangis said:
“I am thrilled to join the Apollo team at such an exciting time for the Firm. Apollo is clearly committed to driving sustainability across the Firm and its funds’ portfolio companies, creating value for its investors and the communities in which it operates. I look forward to working with the entire team to deepen that mission and take the Firm’s sustainability strategy to new heights.”
The post Apollo Hires Dave Stangis for Newly Created Chief Sustainability Officer Role appeared first on ESG Today.
