– USA, NY – Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) today announced the Board of Directors of the Company has elected Jeffrey Gault to serve as a director and Chairman of the Board, effective immediately. Mr. Gault’s appointment brings the total number of independent directors on ARI’s Board to five out of seven seats.
Commenting on the appointment, Stuart Rothstein, Chief Executive Officer and President of ARI, said: “We are thrilled to welcome Jeff as Chairman of ARI. He is a seasoned executive and we believe ARI will benefit greatly from his insight and expertise.”
Mr. Gault has over 40 years of leading and developing successful businesses. Currently, Mr. Gault serves as the chairman of the board of Americold Logistics, a global leader in temperature-controlled warehousing and logistics, and held the positions of president and chief executive officer of Americold Logistics from 2012 to 2014. Prior to joining Americold Logistics, Mr. Gault held senior positions with KB Homes, Sun America, Inc., Home Savings of America F.A. and H.F. Ahmanson & Co. He currently is the lead independent director of the board of directors of Classic Party Rentals. Mr. Gault received a Bachelor degree in Architecture from the University of California at Berkeley and a Master of Environmental Design from Yale University.
Mr. Gault replaced Joseph Azrack as Chairman of the Board.
About Apollo Commercial Real Estate Finance, Inc.
Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) is a real estate investment trust that primarily originates, invests in, acquires and manages performing commercial first mortgage loans, subordinate financings, commercial mortgage backed securities and other commercial real estate-related debt investments. The Company is externally managed and advised by ACREFI Management, LLC, a Delaware limited liability company and an indirect subsidiary of Apollo Global Management, LLC, a leading global alternative investment manager with approximately $164 billion of assets under management at September 30, 2014.
- Disclaimer - News, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.