secwatch.observer — SEC 8-K summary
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Issuer:     Ares Management Corp (ARES)
CIK:        0001176948
Form:       8-K
Filed at:   2023-01-05T23:59:59+00:00
Accession:  0001628280-23-000366
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1176948/000162828023000366/0001628280-23-000366-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1176948/000162828023000366/ares-20230101.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-000366

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