Athene CFO Departs as Insurer Seeks to Improve Reporting

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Athene Holding Ltd., the insurer tied to Apollo Global Management LLC, said Chief Financial Officer Brenda Cushing is leaving as the company works to fix its accounting.

The insurer, which has been planning for a possible public offering, has begun a search for a new CFO, Athene said in statement published Tuesday on the website of Apollo Alternative Assets. Cushing will assist in the transition and leave Aug. 14, according to the statement.