Athene names Grant Kvalheim CEO effective July 1, 2025; Belardi becomes Executive Chairman, remains CIO

Athene Holding Ltd.

Grant Kvalheim appointed CEO effective July 1; previously President since April 2022.
Jim Belardi named Executive Chairman, continues as CIO; remains Chairman of the Board.
Mike Downing and Sean Brennan elevated to Co-Presidents of Athene USA; Downing also COO, Brennan also CCO.
Kvalheim receives 2025 target annual incentive bonus of $2,000,000 payable in Apollo restricted stock units vesting over 3 years.
Leadership changes align with Athene's five-year growth plan announced at 2024 Investor Day.

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Executive movements

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Role change

Grant Kvalheim

Chief Executive Officer

ATH-PA · Athene Holding Ltd.

Effective: 2025-07-01
Filed: Jun 16, 2025 23:59 UTC

On June 11, 2025, the Board of Directors (the “Board”) of Athene Holding Ltd. (the “Company”) appointed Grant Kvalheim, the Company’s current President, as the Company’s Chief Executive Officer, effective July 1, 2025.

Role change

James R. Belardi

Executive Chairman

ATH-PA · Athene Holding Ltd.

Effective: 2025-07-01
Filed: Jun 16, 2025 23:59 UTC

James R. Belardi, the Company’s current Chairman, Chief Executive Officer and Chief Investment Officer, was named Executive Chairman of the Company, also effective July 1, 2025, and will remain Chairman of the Board and the Company’s Chief Investment Officer.

Source: SEC EDGAR

accession 0001527469-25-000040

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