---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-003905"
form_type: "8-K"
ticker: "ARES"
cik: "0001176948"
company_name: "Ares Management Corp"
filed_at: "2025-02-05T23:59:59+00:00"
generated_at: "2026-05-27T02:24:42.054069+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Ares Management appoints deVeer and Jacobson as Co-Presidents; Arougheti remains CEO

## Summary
- Michael Arougheti steps down as President, continues as CEO.
- Kipp deVeer and Blair Jacobson appointed Co-Presidents effective February 5, 2025.
- deVeer transitions from Credit Group; Goldstein and Smith continue as Co-Heads of Credit.
- Ares Capital (ARCC) announces Kort Schnabel as CEO effective April 30, 2025; Miller sole President.
- Jacobson, previously head of European Direct Lending, and deVeer will drive firm-wide strategy.

## SEC filing metadata
- accession: 0001628280-25-003905
- form_type: 8-K
- ticker: ARES
- cik: 0001176948
- company_name: Ares Management Corp
- filed_at: 2025-02-05T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1176948/000162828025003905/0001628280-25-003905-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1176948/000162828025003905/ares-20250205.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-003905
- JSON: https://secwatch.observer/filing/0001628280-25-003905.json
- Plain text: https://secwatch.observer/filing/0001628280-25-003905.txt

## Key facts
- Executive change
  Michael J Arougheti changed role as President at Ares Management Corp.
  - Action: stepped down
  - Role: President
  source text: Michael J Arougheti stepped down as President.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1176948/000162828025003905/0001628280-25-003905-index.htm
- Executive change
  R. Kipp deVeer was appointed as Co-President at Ares Management Corp.
  - Action: appointed
  - Role: Co-President
  source text: the board of directors (the “Board”) of Ares Management Corporation (the “Company”) appointed R. Kipp deVeer and Blair Jacobson as Co-Presidents of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1176948/000162828025003905/0001628280-25-003905-index.htm
- Executive change
  Blair Jacobson was appointed as Co-President at Ares Management Corp.
  - Action: appointed
  - Role: Co-President
  source text: the board of directors (the “Board”) of Ares Management Corporation (the “Company”) appointed R. Kipp deVeer and Blair Jacobson as Co-Presidents of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1176948/000162828025003905/0001628280-25-003905-index.htm

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