secwatch.observer — SEC 8-K summary
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Issuer:     Ares Management Corp (ARES)
CIK:        0001176948
Form:       8-K
Filed at:   2025-02-05T23:59:59+00:00
Accession:  0001628280-25-003905
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1176948/000162828025003905/0001628280-25-003905-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1176948/000162828025003905/ares-20250205.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-003905

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer