ARES MANAGEMENT CORP CLASS A (ARES)
Sector: Financials
Sector: Financials
ARES MANAGEMENT CORP CLASS A - Executive Compensation
Co-Founder and Chief Executive Officer
Executive Compensation
Michael J. Arougheti is the Co-Founder, Chief Executive Officer, and President of Ares Management Corporation, a leading global alternative investment manager. Born in 1972, Arougheti graduated from Syracuse University with a Bachelor of Science in Finance in 1993. He began his career at Smith Barney, working in investment banking before moving to Merrill Lynch, where he focused on high-yield finance and restructuring. In 1997, Arougheti joined Apollo Global Management, where he worked closely with fellow future Ares co-founder Antony Ressler. This experience laid the groundwork for Arougheti's expertise in leveraged finance and private equity. In 2001, Arougheti co-founded Ares Management with Antony Ressler and several other partners. Under his leadership as CEO and President, Ares has grown into a powerhouse in the alternative investment space, managing over $300 billion in assets across credit, private equity, and real estate. Arougheti's strategic vision has been instrumental in expanding Ares' global footprint and diversifying its investment offerings. He has played a key role in developing the firm's credit business, which is one of the largest direct lenders in the United States. His leadership has earned him recognition as one of the most influential figures in the financial industry. As CEO and President, Arougheti oversees Ares' overall strategy and operations, ensuring the firm's continued growth and success. He is deeply involved in the firm's investment committees and works closely with portfolio companies to drive value creation. Arougheti's commitment to innovation and excellence has helped Ares navigate various market cycles and maintain its position as a leader in the alternative investment industry. Beyond his professional achievements, Arougheti is known for his philanthropy, supporting various educational and community initiatives. His leadership style, characterized by strategic foresight and a focus on long-term value, continues to shape Ares Management's future.