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AI brief of an SEC Form 8-K · Ares Management (ARES)

Ares Management names Kipp deVeer and Blair Jacobson as Co-Presidents; Arougheti stays CEO

Neutral Impact 4 of 5 leadership Written later

Ares Management Corp appointed R. Kipp deVeer and Blair Jacobson as Co-Presidents effective February 5, 2025, while Michael Arougheti stepped down as President and remains Chief Executive Officer. The filing says Ares Capital Corporation also named Kort Schnabel as its CEO effective April 30, 2025, which may matter to shareholders in that affiliated vehicle.

Key points

  • Kipp deVeer and Blair Jacobson appointed Co-Presidents effective February 5, 2025; both will report to CEO Michael Arougheti.
  • Michael Arougheti, a Co-Founder, stepped down as President but continues as CEO and a Board member.
  • Kort Schnabel to become CEO of Ares Capital Corporation effective April 30, 2025; Jim Miller will remain sole President there.

The filing

CompanyAres Management (ARES)
Form8-K, current report
Filed with the SECFeb 5, 2025, 6:08 AM ET
Accession number0001628280-25-003905

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:07 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 05, 2025.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.