---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-000366"
form_type: "8-K"
ticker: "ARES"
cik: "0001176948"
company_name: "Ares Management Corp"
filed_at: "2023-01-05T23:59:59+00:00"
generated_at: "2026-06-20T19:20:04.928489+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Ares appoints Ashish Bhutani as independent director, effective Jan 1, 2023

## Summary
- Ashish Bhutani appointed to the Board as Class II director, serving on the Conflicts Committee.
- Bhutani previously Chairman & CEO of Lazard Asset Management, with $221B AUM as of Nov 2022.
- Board now has 11 members, including 6 independent directors.
- Bhutani will receive standard non-executive director compensation and indemnification agreement.
- No arrangements or family relationships with other directors or officers.

## SEC filing metadata
- accession: 0001628280-23-000366
- form_type: 8-K
- ticker: ARES
- cik: 0001176948
- company_name: Ares Management Corp
- filed_at: 2023-01-05T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1176948/000162828023000366/0001628280-23-000366-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1176948/000162828023000366/ares-20230101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-000366
- JSON: https://secwatch.observer/filing/0001628280-23-000366.json
- Plain text: https://secwatch.observer/filing/0001628280-23-000366.txt

## Key facts
- Executive change
  Ashish Bhutani was appointed as Class II director at Ares Management Corp.
  - Action: appointed
  - Role: Class II director
  source text: Effective as of January 1, 2023, the board of directors (the “Board”) of Ares Management Corporation (the “Company”) appointed Ashish Bhutani as a Class II director to fill the one vacancy on the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1176948/000162828023000366/0001628280-23-000366-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.