Apollo Names Martin Kelly Finance Chief as Donnelly Quits

Apollo Global Management LLC (APO), the private-equity firm run by Leon Black, named Martin Kelly chief financial officer, replacing Gene Donnelly who is resigning to pursue other interests.

Kelly, most recently CFO of the Americas for Barclays Capital, will take over no later than Oct. 1, the New York-based firm said in a statement today. Donnelly, 54, will continue to advise Apollo through the end of the year.

“Gene has made significant contributions to Apollo and was instrumental in the IPO process and our transition to a public company listed on the New York Stock Exchange,” Black said in the statement. “During his tenure, the company strengthened its balance sheet and financial operations.”

Kelly, 44, has worked at Barclays and Lehman Brothers Holdings Inc. since 2000.

To contact the reporter on this story: Devin Banerjee in New York at dbanerjee2@bloomberg.net

To contact the editor responsible for this story: Christian Baumgaertel at cbaumgaertel@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.